Good Morning, Issues with the world’s wheat crop in Russia, Canada and the EU has that commodity trading higher overnight. The wheat strength is not moving corn higher, but is giving it some support as corn trades unchanged this morning. Soybeans have bounced from...
Good Morning, On Friday private analyst Informa released its crop estimate for the US which came in at 176 bpa and a 14.392 billion bu. production for corn. This is 2 bu. less than FC Stone released on Wednesday, but 2 bu higher than the USDA has been using. There was...
Good Morning, The US Midwest weather forecast had no major changes as close to average rains and no prolonged heat looks to continue. A front looks to bring rainfall to most areas of the Midwest thru the first half of next week. The 11-16 day forecast has mostly...
August 2, 2018 Good Morning, Markets currently trading three higher on corn, and five lower on soybeans. Yesterday’s loss of seven cents was attributed to a couple different factors, including: much favorable forecast change, and rumors of larger tariffs on imports...
August 1, 2018 Good Morning, Markets currently trading two lower on corn and fourteen lower on soybeans. Lower market is led by a much more unstable forecast, versus yesterday’s outlook, as well as profit taking at the beginning of the month. With the first day of...
Good Morning, Significantly stronger markets this morning with corn up 5 and soybeans up 20 to start the day. Reports from Bloomberg that the US and China are going to resume trade talks has traders optimistic that demand will resurface sooner rather than later for...
