Good Morning, The corn market gave back Friday’s gains and then some over the last 24 hours. We are down 15 cents in corn over the last two days and down 22 in soybeans in that same timeframe. This type of trade is why I believe producers should have firm...
Good Morning, We finally saw some strength in the markets on Friday with corn up 8 and beans up 37. 25% tariffs on $34 billion of Chinese imports took effect Friday as well as retaliatory tariffs from China (which included soybeans). China cancelled about 370k...
Good Morning, The markets will open at 8:30 am this morning after a shortened trade on Tuesday and 4th of July holiday. Some look for a higher corn and wheat open due to ongoing talk of lower World 2018/19 supplies. Still the dominate factor is the trade wars...
Good Morning, Corn is trading higher this morning on this Holiday shortened week as the bears look to cover some short positions ahead of the 4th of July. The markets will close at 12 today and not open until 8:30 am on Thursday. Fridays deadline for the...
Good Morning, My hope was that the end of June would mean better things to for the markets but the first trading day of July is not looking that way. Corn is down 7, soybeans down 12 and wheat is down 8 to start the month. During the month of June, corn was...
Good Morning, Corn is up a couple cents this morning after yesterday’s selloff at the closing. As expected we saw traders add to their short positions in corn and soybeans as they prepare for today’s report. Today’s USDA report, warmer temperatures and month...
