by garrygard | Jun 18, 2018 | Daily Insights, Uncategorized
Good Morning, Great weather and trade wars continue to take their toll on the markets heading into this week. The forecast fo the Corn Belt features continued heat early this week before the front stalls over the Midwest bringing rain from Nebraska to the Ohio River...
by garrygard | Jun 15, 2018 | Daily Insights, Uncategorized
Good Morning, The markets are sharply lower again this morning with the expectations that President Trump will announce the implementation of new tariffs on Chinese imports today. There is also talk of a second list of tariffs that are expected early next week if the...
by garrygard | Jun 14, 2018 | Daily Insights, Uncategorized
Good Morning, The next 48 hours are going to be very critical to the long term trade as the world waits to see if the US follows thru on its Chinese tariffs that are supposed to be implemented tomorrow. Traders are fearful that if these tariffs are implemented, we...
by garrygard | Jun 12, 2018 | Daily Insights, Uncategorized
Good Morning, Additional technical selling in corn, beans and wheat yesterday as traders continue to unwind their long positions with good crop ratings and favorable weather. Yesterday’s weekly corn ratings dropped 1 point to 77% G/E which compares to 67% last year...
by garrygard | Jun 11, 2018 | Daily Insights, Uncategorized
Good Morning, Favorable weekend rains across the US along with continued fund liquidation has the markets seeing red this morning. So far this morning corn is down 3, soybeans down 7 and wheat is down 4. After Fridays close the Funds were long 60,000 corn and 36,000...
