by garrygard | Jun 26, 2018 | Daily Insights, Uncategorized
Good morning, Slightly higher markets overnight as we see some retracement after yesterday’s big selloff. Corn was up 3 and soybeans up 5 overnight. Crop conditions last night declined slightly from 78% G/E to 77% but it is the fourth highest rating for this week in...
by garrygard | Jun 25, 2018 | Daily Insights, Uncategorized
Good Morning, Commodities open with a weaker tone this morning as weather forecasts have changed and tariff news remains unchanged. Conditions have been favorable with the forecast showing rain in the next 5 days for the corn belt. The extended forecasts for the first...
by garrygard | Jun 22, 2018 | Daily Insights, Uncategorized
Good Morning, Corn is trying to stay above water literally despite tariffs and favorable weather. Yesterday we saw corn close 3 higher and this morning it is trading unchanged. The current weather maps look good but there are conflicting reports for the June 28-July...
by garrygard | Jun 21, 2018 | Daily Insights, Uncategorized
Good Morning, The markets are steady to open the morning with corn up 1 and soybeans down 1. The markets are trying to navigate the trade fears and leaving fundamentals on the sidelines for now. We have no fundamental reason for corn and soybeans to be trading as low...
by garrygard | Jun 19, 2018 | Daily Insights, Uncategorized
Good Morning, Back at it again!! The markets are down sharply this morning after President Trump announced another set of 10% tariffs on $200 billion in Chinese imports later yesterday. There is no proposed date on when this round of tariffs will go into effect. The...