Good morning, Corn is unchanged and soybeans are down 8 to start the day. Brazilian government supply agency Conab cut their 2023/24 soybean production estimate from 149.4 to 146.9 MMT, compared to 154.6 MMT last season. Total corn output fell from 113.7 to...
Good morning, Markets are weaker to start the day with corn down 3 and soybeans are down 4. Argentina saw good rains over the weekend and heavy action continues this week as well, aiding moisture supplies but slowing crop dry down, before a drier 6–10-day period....
Good morning, Corn is down 2, soybeans are down 3 and wheat is down 4 to start the day. The USDA estimated 2024 U.S. corn plantings at 91.0 million acres in their Ag Forum commodity outlook this morning, down from 94.6 million acres in 2023; yields are...
Good morning, Corn opened 4 lower, soybeans 3 lower and wheat 15 lower to start the day. The USDA AG Forum data is supposed to be bearish today with higher carryout for corn, beans and wheat. For me the most interesting part of this report will be the planted...
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...
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...
