Good Morning, Last night’s crop progress for corn was 49% complete which is up from 39% last week. Soybeans reached 53% complete which is up from 38% last week. The five year average for corn is 47% and 69% for soybeans. Both of these should climb substantially with...
Good Morning, Corn is up 2 and soybeans up 5 after a productive harvest weekend. Forecasts look good for corn and soybean harvest this week with slight chances of rain next weekend. This week’s weather should allow local producers to make significant progress or...
Good Morning, Commodities are lower this morning as harvest is now widespread across the corn-belt with clear weather. Corn is down 4 and soybeans are down 13 to begin the day. We will watch to see if the CZ18 market can close above the 100 day moving average of...
Good Morning, Turnaround Tuesday as corn, beans and wheat open 3-10-3 respectively lower this morning. Soybeans were the catalyst for all commodities yesterday as traders continued to cover their short positions. Talk of quality issues, strong NOPA crush and reports...
Good Morning, Soybeans are leading the way higher this morning as they try to maintain last week’s upward trend. Currently trading 10 higher this market is looking for life that may not be around long. President trump commented on Saturday that the Chinese President...
Good Morning, Yesterday’s USDA report was a pleasant surprise for producers with a little boost in the markets. The rally yesterday was a result of lower US yields and technical and fundamental buying that followed. US yields were dropped to 180.7 from 181.3 last...
