by garrygard | Apr 3, 2023 | Daily Insights
Good morning, Grain markets opened higher this morning with corn currently up 4, soybeans up 14 and wheat up 5. As for the USDA crop report on Friday the bean and corn stocks both came in bullish. The smaller stocks were likely due to smaller crops...
by garrygard | Mar 31, 2023 | Daily Insights
Good morning, Report Day!! Today is the big day for the March Planting Intentions Report. This report has created some strong moves in the market on the day of and the week after. Believe it or not, this report has been bullish for corn more often than not. ...
by garrygard | Mar 30, 2023 | Daily Insights
Good morning, Overnight corn and wheat were up 2 and soybeans were up 1. It feels like the markets are in the pre-report ‘wait and see’ mode ahead of tomorrow’s report. Pre report estimates are listed below. There will be a lot of data to digest tomorrow so it is hard...
by garrygard | Mar 27, 2023 | Daily Insights
Good morning, Corn is down 2 and soybeans are down 3 to start the week. The recent selloff has the funds short corn futures for the first time since August of 2020. The funds are currently short corn by about 40,000 contracts. It is going to be hard to get the funds...
by garrygard | Mar 21, 2023 | Daily Insights
Good morning, The grain markets have opened quieter this morning with corn unchanged, soybeans unchanged and wheat down 4. The U.S. banking system is stabilizing after strong actions from regulators, but further steps to protect bank depositors may be warranted if...
