May 19, 2023

Good morning,   Grain markets are finally showing something other than red this morning. After selling off most of the week we have corn up 12 old crop and 7 in the new crop. Soybeans are up 5 and wheat is up 3.   It looks like a major market low in new crop...

May 15, 2023

Good morning,   Grain markets are showing a little sympathy this morning after last week’s selloff. Corn is currently up 11 in old crop and 4 in new crop. Soybeans are up 17 and wheat is up 20.   Few changes were made on Friday to old crop stocks.  The...

May 9, 2023

Good morning, All commodities are taking a hit this morning with corn down 12, soybeans down 18 and wheat down 11. Corn planting progress came in at 49% complete this week, up from 26% last week, 21% last year, and the 42% five-year average; corn emergence doubled to...

May 8, 2023

Good morning, Old crop corn is up 1 while new crop corn is down 3 to start the day. Favorable weekend planting and a nice forecast are keeping pressure on the new crop markets. This afternoon planting progress should be a little better than 50% completed in corn and...

May 4, 2023

Good morning,   Markets have turned and are trading lower after yesterday’s nice rally. Corn is currently down 7 while soybeans are down 9 and wheat is down 7. Yesterday’s reversal in the markets was a result of “attempted attacks” in Russia. Russia accused...

May 2, 2023

Good morning,   Markets are mixed this morning with old corn up 2, new corn down 2 and soybeans up 3.   Corn planting progress rose from 14% to 26% this week, double last year’s pace and right in line with the five-year average; corn emergence doubled from...