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...
Good Morning, So far this week the market does not seem to be concerned with the cooler and wetter weather causing a slower planting pace. Old crop supplies have been able to keep the markets in check as we work thru the less than desirable spring weather. I don’t...
Good Morning, The markets remain quiet this morning after yesterday’s selloff in all commodities. Yesterday’s selloff in corn and soybeans was a combination of following wheat prices lower, soybean loadings being short of the USDA’s forecast and funds reduction...
Good Morning, Despite the wonderful weather we are currently experiencing, the markets are trading lower this morning. Corn is down 2 and soybeans are down 4 to start the week. Corn and soybeans are currently following wheat lower. The wheat market is trading lower on...
