by garrygard | Jun 8, 2018 | Daily Insights, Uncategorized
Good Morning, Steady markets to start the day after a bad week for the grains. Corn has traded lower 4 days this week losing 15 cents while soybeans have traded lower all 5 days this week losing 48 cents as of 830 am. There are several factors pressuring the markets...
by garrygard | Jun 7, 2018 | Daily Insights, Uncategorized
Good Morning, Wheat continues its run higher this morning while corn and soybeans trade 1 higher and 2 lower respectively. Weather issues in Russia and the plains of the US are supporting wheat. Meanwhile favorable US weather is pressuring US corn and soybeans....
by garrygard | Jun 6, 2018 | Daily Insights, Uncategorized
Good Morning, Corn is up slightly this morning with technical indicators turning bullish and weather forecasts having some uncertainty in the 10-14 day range. Weather models agree that the 10 day forecasts show above average rainfall and moderate temperatures. Look...
by garrygard | Jun 5, 2018 | Daily Insights, Uncategorized
Good Morning, Monday was a tough day in the commodity markets with every commodity closing double digits lower on the day. Corn was down 10, soybeans down 19 and wheat was down 18 on the day. Favorable US weather along with US and China trade negotiations stalling...
by garrygard | Jun 4, 2018 | Daily Insights, Uncategorized
Good Morning, When we left last Friday there was a potential ridge developing in the central plains that could have brought hot and dry conditions to the mid-west. It looks as of now that this ridge is not going to develop. The U.S. Midwest weather forecast looks...