Good Morning, Yesterday’s USDA S&D numbers are in the books and did little to move the markets. Corn carryout was increased for both the 2017/18 and the 2018/19 harvest years. Soybeans were reduced in both with 2018/19 coming in well below the trade estimates....
Good Morning, USDA monthly stock report comes out at 11am today. Market is currently trading even, corn is expected to have a reduction in ending stocks due to smaller planted acres. Also watch as Brazil and Argentine crops may show reduction on the global outlook....
Good Morning, Corn and soybeans and wheat are all slightly lower this morning as traders look to remain neutral or remove some longs heading into tomorrow’s USDA S&D report. Estimates are for corn and wheat stocks to increase slightly while soybeans are expected...
Good Morning, Corn is currently up three after yesterday’s planting progress report came in ahead of expectations at 39% completed. This still comes in behind the five year average of 44%. Soybean progress is right on track at 15% as well. Brazil’s second crop will be...
Good Morning, Futures are starting the week lower as traders take some profit off of the table ahead of this week’s planting progress and stocks report. Tensions are growing after last week’s meeting between negotiations between the US and China proved largely...
Good Morning, Despite heavy rains in the upper Midwest the last 24 hours, the markets are under pressure this morning. Futures are trading lower with beans leading the move down after rumors late Thursday of a trade agreement that sparked a rally higher proved false....
