Good morning, Corn is down 1 and soybeans are up 1 to start the day. The current soy/corn ratio is 2.81. The markets are dealing with a situation where we have too much corn (especially in the US), and too few beans. The global marketplace in the Southern Hemisphere...
Good morning, USDA report day. Trade estimates and final report data are listed below. 2022/23 Carryout (billion bu) USDA Sept. Average Trade Est. USDA Aug. Corn 1.452 1.460 1.457 Soybeans .250 .255 .260 2023/24 Carryout (billion bu) USDA Sept....
Good morning, Markets were higher overnight with corn up 2 and soybeans up 7. Look for the markets to be flat today as traders await tomorrow’s USDA report. Estimates for tomorrow’s report are listed below. 2023 Production (Bushel/Acre and Billion Bushels) Average...
Good morning, Markets are mixed to start the day with corn up 3 and soybeans down 2. The ridge breaks down this week bringing more normal temperatures and chances for rain around the Midwest. The weekend was hot and dry as crop conditions headed backwards for another...
Good morning, Markets are stronger heading into the extended weekend. Corn is up 5 and soybeans are up 4 to start the day. The long-range trend in weather for the Central US is still mostly dry and hot. The hurricane is breaking up the atmosphere and holding the...
Good morning, Corn is up 3 and soybeans are up 17 to start the day. Day four of the Pro Farmer Crop Tour estimated Iowa corn yields at 182.8 bushels per acre, down from 183.8 bpa last year and the 184.1 bpa three-year average; soybean pod counts averaged 1,190, up...
