by garrygard | Oct 29, 2018 | Daily Insights, Uncategorized
Good Morning, Fridays rally in the corn market was driven by wheat prices. With the US securing some of the Egyptian wheat tender last week we saw wheat make a nice rally. Right now this is appears to be the only support that corn can find. I look for corn direction...
by garrygard | Oct 25, 2018 | Daily Insights, Uncategorized
Good Morning, Weaker markets again this morning with corn and soybeans both opening 3-4 lower. Corn, Beans and Wheat have all fallen out of their key trading ranges and below key support levels this week. With a dry US forecast allowing harvest to progress we are...
by garrygard | Oct 23, 2018 | Daily Insights, Uncategorized
Good Morning, Last night’s crop progress for corn was 49% complete which is up from 39% last week. Soybeans reached 53% complete which is up from 38% last week. The five year average for corn is 47% and 69% for soybeans. Both of these should climb substantially with...
by garrygard | Oct 22, 2018 | Daily Insights, Uncategorized
Good Morning, Corn is up 2 and soybeans up 5 after a productive harvest weekend. Forecasts look good for corn and soybean harvest this week with slight chances of rain next weekend. This week’s weather should allow local producers to make significant progress or...
by garrygard | Oct 18, 2018 | Daily Insights, Uncategorized
Good Morning, Commodities are lower this morning as harvest is now widespread across the corn-belt with clear weather. Corn is down 4 and soybeans are down 13 to begin the day. We will watch to see if the CZ18 market can close above the 100 day moving average of...
