Good Morning, Commodities are unchanged this morning with a lack of follow through buying after a couple days of higher trade in the corn and bean markets. There has been some technical buying and short covering after Monday’s news of Canada and the US coming to an...
October 1, 2018 Good Morning, Friday’s bearish stocks report from the USDA put pressure on the markets to end the week and month. This will add more pressure to the markets longer term if yields for the 2018 crop continue to be good. The markets are higher this...
Good Morning, The three big commodities are trading close to unchanged this morning with corn and beans up a half and wheat down 1. Corn yields continue to be all over the board with the majority of them coming in higher than last years record numbers. There is...
Good Morning, Corn is 1 higher and soybeans are 8 lower to open the week. Rumors and harvest pressure continue to move the bean market lower. Last Thursday we saw soybeans make a move higher on rumors that China bought up to 15 cargos of beans from Argentina that...
Good Morning, Yesterday’s rally in corn and soybeans was a pleasant surprise fueled by rumors that Argentina may increase its export tax to 33%.(up from 25%) Rumors that China bought up to 15 cargos of Argentine beans that are a replacement of soybeans they sold to...
Good Morning, We are seeing a slight rebound in the markets this am with corn up 1 and soybeans up 6. Profit taking is the only reason for the market uptick this am as reports of good yields and more tariff news. China announced another round of retaliatory tariffs of...
