Good Morning, While export demand has been slow or at least slow to be reported for the last couple weeks, the domestic demand has remained steady on the ethanol front. U.S. ethanol production for the week ended January 11th averaged 1.051 mil barrels per day (up...
Good Morning, Prices are trending higher this morning as they recover from yesterday’s selloff following comments from US Trade representative Robert Lighthizer who reportedly said they made no real progress over the last week in talks with Chinese officials. The...
Good Morning, Soybeans and wheat are lower to open the week while corn continues it sideways pattern. Recently the only market movers we have seen are coming from the soybean market. China confirmed its total soybean purchases were 5.72 mmt in December. This was below...
Good Morning, Markets are slightly higher this morning after yesterday’s selloff. Yesterday’s weakness was felt in all commodities as bullish updates from China and the US didn’t come. Funds sold 12,000 contracts of corn and 8,000 contracts of beans. South American...
Good Morning, Corn is up 1 and soybeans are down 1 to start the morning. Crude oil is up 80 cents this morning but still lingering below the $50/barrel mark that we have been stuck in for the last month. With US/China trade talks progressing, US Commerce secretary...
Good Morning, Weather is not the only thing that is unseasonable this week as we found out on Friday that the USDA will not be releasing its Crop Production report this coming Friday. The US government shutdown is entering its third week, with no end in sight. The...
