by garrygard | Jul 3, 2018 | Daily Insights, Uncategorized
Good Morning, Corn is trading higher this morning on this Holiday shortened week as the bears look to cover some short positions ahead of the 4th of July. The markets will close at 12 today and not open until 8:30 am on Thursday. Fridays deadline for the...
by garrygard | Jul 2, 2018 | Daily Insights, Uncategorized
Good Morning, My hope was that the end of June would mean better things to for the markets but the first trading day of July is not looking that way. Corn is down 7, soybeans down 12 and wheat is down 8 to start the month. During the month of June, corn was...
by garrygard | Jun 29, 2018 | Daily Insights, Uncategorized
Good Morning, Corn is up a couple cents this morning after yesterday’s selloff at the closing. As expected we saw traders add to their short positions in corn and soybeans as they prepare for today’s report. Today’s USDA report, warmer temperatures and month...
by garrygard | Jun 28, 2018 | Daily Insights, Uncategorized
Good Morning, Look for the markets to remain quiet today with the next USDA report coming out tomorrow at 11am and with no tariff news expected. Expectations for tomorrows reports appear bearish with estimates that both stocks on hand and acreage will be higher. If...
by garrygard | Jun 27, 2018 | Daily Insights, Uncategorized
Good Morning, Corn is up 3 and soybeans are up 9 to start the day. Short term buying or the start of something better is the question. My guess is short term buying as traders begin to position ahead of Fridays report. Average trade guesses for Friday’s acreage report...
