by garrygard | Feb 13, 2023 | Daily Insights
Good morning, Quiet markets to start the week with corn up 1 and soybeans up 2. Argentina’s weather forecast looks drier this morning sustaining concerns about the size of its corn and soybean crops. The smaller corn crop should directly impact U.S. corn exports later...
by garrygard | Feb 10, 2023 | Daily Insights
Good morning, Markets are higher off a forecast of lower rain totals for Argentina next week, plus crude oil is up significantly lending strength to corn and bean oil. Corn is currently up 4 while soybeans are up 9. Rain coverage and amounts are expected to be...
by garrygard | Feb 9, 2023 | Daily Insights
Good morning, Markets are unchanged to start the day with the USDA report behind us and South American weather, harvest data and size now the focus. Yesterday’s USDA WASDE report was rather uneventful, as expected, with only limited U.S. balance sheet revisions being...
by garrygard | Feb 8, 2023 | Daily Insights
Good morning, All commodities are quiet this morning ahead of the 11am WASDE report. Guesses for todays report are listed below. USDA 2022/23 US Carryout (billion bushels) USDA FEB Average Est. USDA JAN Corn 1.267 1.266 1.242 Soybeans .225 .211 .210 Wheat .568 .576...
by garrygard | Feb 7, 2023 | Daily Insights
Good morning, Markets are weaker this morning with corn down 4 and soybeans down 9. Tomorrow morning the USDA will release its February WASDE report. Historically this in an uneventful report as traders watch South American harvest numbers and shift...
