Good Morning, Quiet markets again this morning with corn and soybeans both hovering around unchanged to up 1. The Chinese delegation will be in the US tomorrow and President Trump says talks are going very well. Funds are estimated to be short over 250,000 contracts...
Good Morning, Corn is unchanged and soybeans are up 2 after Monday’s slight rebound from last week’s selloff. This was expected and is a good sign that hopefully we have put in a short term floor and can grind higher as we head into spring. While I do not anticipate a...
Good Morning, Markets are slightly higher to start with corn up 2 and soybeans up 5. This comes as little consolation after Friday’s large selloff following the USDA report. (report below) Higher estimates of March 1 stocks and 2019 acres sent the markets lower on...
Good Morning, Markets are quiet this morning as traders prepare for the USDA’s quarterly stocks and planting intentions report that will be released at 11am today. Estimates for today’s report are listed below. Quarterly Stocks (billion bushels) March 2019 Average...
March 26, 2019 Good Morning, Futures are mixed in a low volume trade with the traders unwilling to add to their positions ahead of the key reports from the USDA on Friday morning. Beans were down 3, corn off 1 and winter wheat up 2 to 4 cents. With the funds already...
Good Morning, Markets are steady to start the week with both corn and soybeans hanging around unchanged. Last week resulted in a 5 cent gain in corn futures and a 5 cent loss in soybean futures. The funds remain short 265,000 corn and 61,000 soybean contracts....
