by garrygard | Apr 25, 2023 | Daily Insights
Good morning, Grain markets are taking a hit this morning with corn down 4, soybeans down 20 and wheat down 12 to start the day. The market broke down yesterday when China cancelled slightly more than 12 million bushels of corn purchases from the US. Brazilian...
by garrygard | Apr 17, 2023 | Daily Insights
Good morning, Corn is down 4 while soybeans are up 10 to start the week. Given the recent change in weather one would have expected the opposite coming into this morning. The US planted somewhere between 15-20% of the corn crop and 5% of the bean crop in the last week...
by garrygard | Apr 12, 2023 | Daily Insights
Good morning, This morning corn is down 1 and soybeans are down 2. US corn and bean carryout were left the same yesterday and wheat moved up to 598 vs 568 a month ago. Argentina corn production dropped from 40 mmts down to 37 mmts and bean were dropped from 33 to 27...
by garrygard | Apr 11, 2023 | Daily Insights
Good morning, Corn is up 2 and soybeans are up 18 to open the day as traders await the 11am crop report. Estimates for today’s report are listed below. USDA 2022/23 US Carryout (billion bushels) USDA April Average Estimate USDA March Corn 1.342 1.319 1.342 Soybeans...
by garrygard | Apr 4, 2023 | Daily Insights
Good morning, Weaker markets to open the day with corn down 9, soybeans down 10 and wheat unchanged. The initial U.S. Crop Progress Report for the spring showed winter wheat ratings falling from 34% to 28% good/excellent, down from 30% last year and the 43% five-year...
