Good morning, Markets were slightly higher overnight with corn up 1 and soybeans up 6. We have seen significant selloff in the last few days in both commodities with corn down close to 30 cents since the first of October. The funds have drastically...
Good morning, Corn and soybeans are unchanged to start the day. The corn and bean futures have returned to their breakout points, so the next couple of days will be critical to direction moving forward. An unimpeded harvest will likely add hedge pressure...
Good morning, Corn is down 3 and soybeans are down 15 to start the day. Improved chances of rain in South America and harvest selling have the market down this morning. Argentina saw good rains in the north over the past 24 hours and that action remains this week, and...
Good morning, Dryness in Brazil continues to be a concern as planting remains behind pace and rainfall is forecasted to be behind pace for another 3 weeks. Unlike US farmers, Brazilian farmers want rain during planting season. Argentina is sitting in a similar...
Good morning, Corn is unchanged and soybeans are up 2 to start this Friday. It’s nice to see more upward momentum this morning, but traders most likely won’t move things much higher ahead of Mondays quarterly Stocks report. Monday’s reports could easily help end this...
Good morning, Markets are weaker to start the day with corn down 3 and soybeans down 8. Harvest is under way and both the corn and soybean crops are expected to be close to 20% harvested on Monday. There is some light rain around today but shouldn’t hinder any...