by garrygard | May 4, 2018 | Daily Insights, Uncategorized
Good Morning, Despite heavy rains in the upper Midwest the last 24 hours, the markets are under pressure this morning. Futures are trading lower with beans leading the move down after rumors late Thursday of a trade agreement that sparked a rally higher proved false....
by garrygard | May 3, 2018 | Daily Insights, Uncategorized
Good Morning, Yesterday corn, soybeans and wheat all ended the session lower as favorable weather forecasts for Argentina and southern Brazil. Soybean meal and wheat have been the drivers for corn and soybeans over the last week. I look for these commodities to...
by garrygard | May 1, 2018 | Daily Insights, Uncategorized
Good Morning, Corn, soybeans and wheat are trading slightly higher this morning up 3, 1 and 2 respectively. Wheat was the leader of the commodities yesterday with weather being the contributing factor. The western plains remain dry while the Midwest looks favorable...
by garrygard | Apr 30, 2018 | Daily Insights, Uncategorized
Good Morning, Corn planting is in full swing across much of the Midwest this week which should ease the concerns for late planting in the markets. Expectations for planting progress this afternoon are expected to be 17-20% complete compared to 27% on the five year...
by garrygard | Apr 26, 2018 | Daily Insights, Uncategorized
Good Morning, We are seeing some profit taking after yesterday’s run up in the markets. Corn is currently down 2 soybeans down 3 and wheat down 8. Weekly export sales shoed corn at 27.4 million bu. which is 28 million below the ten week average. Soybeans were also low...