December 14, 2023

Good morning, Corn is up 1, soybeans and wheat are bot up 5 to start the day. Markets were lower yesterday as the market adjusted to various changing conditions in Argentina. The devaluation of the peso from the 365 level to the 800 mark was an aggressive move....

December 13, 2023

Good morning,   All markets are lower this morning with corn down 6, soybeans down 15 and wheat down 14.   Economic changes developing in Argentina have brought the market lower overnight.  A devaluation of currency and a cut in government spending are...

December 11, 2023

Good morning,   This mornings the markets all have their own agenda. Corn is down 4, soybeans are up 18 and wheat is down 17.   The weather in Brazil has soybeans higher overnight.  Some hot temperatures are moving in again this week, knocking some of the...

December 8, 2023

Good morning,   Corn is up 2 and soybeans are up 12 to start the day.   Heavier rains are forecast in Mato Grosso next week, light amounts fell this week.  Southern Brazil continues to see heavy rains which will extend into next week.  Temperatures have been...

December 4, 2023

Good morning,   Corn and soybeans are unchanged this morning and wheat is up 9.   An improved weather forecast for South America has been pressuring bean prices (old and new). Futures are at their lowest value in over a month. Corn prices appear to be...

November 28, 2023

Good morning,   Corn is up 1 and soybeans are up 5 to start the day.   Monday was another bad day for the grains as traders added to their short positions. The Funds have pushed the position past 200,000 shorts.  I think the low for now will come right...