January 5, 2024

Good morning,   Corn is down 3 and soybeans are down 7 to start the day.   Rain in Brazil has been greater than expected which is adding to today’s selloff. With good rainfall forecasted for the next 7 days I don’t look for market support from South America....

January 2, 2024

Good morning, The markets opened lower this morning to start the new year with corn down 4, soybeans down 20 and wheat down 5. The market has been waiting on rains for Brazil and they are almost certainly coming! All models are aligned with the driest areas of central...

December 28, 2023

Good morning,   Grain markets remained quiet this morning with corn unchanged, soybeans up 2 and wheat up 7. To say the corn market has been struggling to find some bullish news is an understatement. The March futures have traded in a 30-cent window and all sub...

December 26, 2023

Good morning,   Markets are mixed following the holiday break with corn up 2, wheat up 11 and soybeans down 2.   Weekend rain totals in Brazil were on the light side with most of the coverage either up North or West.  The 1–5-day forecast does not have much...

December 18, 2023

Good morning, Corn is down 3, soybeans are down 1 and wheat is down 6 to start the week. AgRural reported Brazilian soybean planting at 94% complete as of Thursday, up three points on the week, but down from previous seasons where the planting campaign was already...

December 15, 2023

Good morning,   Corn is up 1, soybeans are down 1 and wheat is up 5 to start the day.   Argentine farm associations yesterday came out in opposition of a planned government export tax hike, which would move corn and wheat export taxes from 12% to 15%. The...