by garrygard | Jan 10, 2024 | Daily Insights
Good morning, Corn is down 2 and soybeans are down 7 in the overnight trade. The USDA will release a lot of reports on Friday at 11am including the USDA WASDE, Crop Production, Quarterly Grain Stocks. Trade estimates for the reports were released and as expected, wide...
by garrygard | Jan 9, 2024 | Daily Insights
Good morning, Overnight corn was down 1, soybeans up 1 and wheat down 1. Corn and soybeans have done a lot of trading to the downside to start the year and yesterday was just another one of those days. The fact that we bounced and closed off yesterday’s lows is...
by garrygard | Jan 8, 2024 | Daily Insights
Good morning, Markets were softer this morning with corn down 2, soybeans down 14 and wheat down 16. Lower trade across all commodities after additional rain fell across central and northern Brazil over the weekend. Last week’s export sales failed to reach even the...
by garrygard | Jan 5, 2024 | Daily Insights
Good morning, Corn is down 3 and soybeans are down 7 to start the day. Rain in Brazil has been greater than expected which is adding to today’s selloff. With good rainfall forecasted for the next 7 days I don’t look for market support from South America....
by garrygard | Jan 2, 2024 | Daily Insights
Good morning, The markets opened lower this morning to start the new year with corn down 4, soybeans down 20 and wheat down 5. The market has been waiting on rains for Brazil and they are almost certainly coming! All models are aligned with the driest areas of central...
