by garrygard | Feb 8, 2024 | Daily Insights
Good morning, Corn is unchanged and soybeans are up 15 to start the day ahead of the USDA report. This morning Conab cut their official 2023/24 Brazilian soybean production estimate from 155.2 to 149.4 MMT, with corn down from 117.6 to 113.7 MMT; second...
by garrygard | Feb 7, 2024 | Daily Insights
Good morning, Markets are falling again this morning with corn down 5 and soybeans down 11. Rains arriving in Argentina and chart-based selling by AI trading have markets weaker. Corn was weak all day yesterday and has made a new low this morning. Argentine rains...
by garrygard | Feb 6, 2024 | Daily Insights
Good morning, Corn is down 3 and soybeans are up 3 to start the day. AgRural reported Brazilian center-south corn planting at 27% complete, up 11% on the week and the fastest pace since record began in 2013. The soybean crop is 16% harvested, up five points on the...
by garrygard | Jan 30, 2024 | Daily Insights
Good morning, Markets are higher to start the day with corn up 4, soybeans up 10 and wheat up 2. The weather remains hot and dry in Argentina but has had no bullish impact. Yesterday some beans were bought out of the Southeast US from Brazil. Brazilian...
by garrygard | Jan 29, 2024 | Daily Insights
Good morning, All grain markets are starting the week off lower with corn down 5, soybeans down 10 and wheat down 7. A drone strike killed three U.S. service members today in Jordan, creating fears of an escalating regional war in the Middle East. The...
