by garrygard | Aug 13, 2018 | Daily Insights, Uncategorized
Good Morning, The selling continues!! Corn is down 4 and soybeans are down 8 as last Friday’s WASDE reports continue to weigh on the markets. The report that was a copulation of producer and field sample surveys forecasted record yields in both corn and soybeans. Corn...
by garrygard | Aug 10, 2018 | Daily Insights, Uncategorized
Good Morning, Markets were quiet overnight and should open the same this morning as traders await the 11am release of production estimates from the USDA. This will be the only news traded today and could set the tone for the coming weeks as harvest in the south begins...
by garrygard | Aug 9, 2018 | Daily Insights, Uncategorized
Good Morning, Corn and soybeans are both slightly lower this morning with no excitement in the markets ahead of tomorrow’s USDA report. Traders appear willing to sit on their hands with most of their positions until they get confirmation of the USDA’s state by state...
by garrygard | Aug 8, 2018 | Daily Insights, Uncategorized
Good Morning, Markets were steady overnight with corn up 1 and soybeans up 3 despite news of more sanctions against China. The US announced it will begin collecting 25% tariffs on an additional $16 billion in Chinese imports on Aug 23. Traders appear content to remain...
by garrygard | Aug 7, 2018 | Daily Insights, Uncategorized
Good Morning, Issues with the world’s wheat crop in Russia, Canada and the EU has that commodity trading higher overnight. The wheat strength is not moving corn higher, but is giving it some support as corn trades unchanged this morning. Soybeans have bounced from...
