Good Morning, The markets tried to rally yesterday but came into some trouble with a week stock market and a continued bearish sentiment. Farmer sales were heavy yesterday on the rally as a lot of cash is needed with bills pilling up and Spring right around the...
Corn in unchanged and soybeans are up 5 to open the month and close out the week. February was a rough month on all commodities with corn down 14, soybeans down 19 and wheat down 64 cents! This is the result of a market with no bullish news and a lot of rumors that...
Good Morning, Corn couldn’t hang on to gains yesterday as there was no news on the trade front with China. Trade appears to be waiting for the actual confirmation of a trade pact or news that China is securing US grain before it will give any reaction. This has been...
Good Morning, Corn is unchanged and soybeans are up 7 to open the week. Reports from Ag Secretary Sonny Perdue last Friday after the markets had closed that China had committed to buy an additional 10 million metric tons of soybeans has added some short term support...
Good Morning, Corn is up 6 and soybeans are up 11 to open the day after traders got acreage estimates from the Ag outlook forum. Corn planted acres for this coming year were estimated at 92 million acres which is up 3.3% from last year’s 89.1 million acres. Soybean...
Good Morning, Trade is quiet this morning after a three day weekend for traders. Corn is currently down 1 and soybeans are down 4. News this week will continue to focus on the US-China trade, export data and the Ag Outlook Forum. China has trade representatives in...
