November 2, 2023

Good morning,   Corn is down 2 and soybeans are up 10 to start this Thursday morning.   StoneX yesterday estimated U.S. corn yields at 175.7 bushels per acre, up from 175.5 bpa last month, with production implied at 15.302 billion bushels, 238 mbu above the...

October 25, 2023

Good morning,   Markets are continuing their selloff this morning with corn down 3 and soybeans down 11.   Crude oil has had a tough week trading $5 lower than Fridays close. It seems like everyone is on edge waiting to see what is going to happen next in...

October 24, 2023

Good morning,   Corn is down 4 and soybeans are up 3 to start the day.   Corn harvest progress came in at 59% complete as of Sunday night, up from 45% last week and the 54% five-year average, but right in line with last year.  Soybean harvest rose from 62%...

October 23, 2023

Good morning,   Continuation from Friday’s selloff this morning as corn is currently trading 3 lower while soybeans are 4 lower.   Ukraine shot down 14 attack drones and a cruise missile fired by Russia at its south and east overnight, but debris from a...

October 17, 2023

Good morning,   Markets are bouncing on both sides of unchanged this am with corn currently up 3 and soybeans down 3.   With harvest roughly halfway over, the markets are starting to see some signs of life. Soybeans are finally trading above $13 on the CBOT...

October 16, 2023

Good morning,   Markets are mixed to start the week with corn down 3 and soybeans up 3.   Soybeans continue to draw support from last week’s report while corn has no story and is just along for the ride at this point. Some analysts believe future cuts to...