Good Morning, Corn planting is in full swing across much of the Midwest this week which should ease the concerns for late planting in the markets. Expectations for planting progress this afternoon are expected to be 17-20% complete compared to 27% on the five year...
Good Morning, We are seeing some profit taking after yesterday’s run up in the markets. Corn is currently down 2 soybeans down 3 and wheat down 8. Weekly export sales shoed corn at 27.4 million bu. which is 28 million below the ten week average. Soybeans were also low...
Good Morning, The extended US forecast looks mostly favorable as the 6-10 day now shows above normal temperatures and drier across the Midwest. This will help corn and soybean planting progress, but the drier forecast is not offering any relief for wheat in the...
April 23, 2018 Good Morning, After ticking fractionally lower overnight to match last week’s lows, the corn market has found some buying as traders expect nominal gains to US planting progress this afternoon. Reports of good progress occurring this weekend across...
Good Morning, The market selloff continues this morning as corn is down 4 and soybeans are down 7 due to favorable forecasts for the coming weeks. Long term the market outlook is higher with US ending stocks expected to decline in the 2018/19 season due to lower...
Good Morning, Corn and soybeans are quite this morning as both trade within 1 cent of unchanged. Wheat is 2 higher on concerns of less rain than forecasted earlier in the week. Corn and soybean’s continue to trade sideways while we monitor US/Chinese tensions over...
