Good morning, Overnight corn and wheat were up 2 and soybeans were up 1. It feels like the markets are in the pre-report ‘wait and see’ mode ahead of tomorrow’s report. Pre report estimates are listed below. There will be a lot of data to digest tomorrow so it is hard...
Good morning, Corn is down 2 and soybeans are down 3 to start the week. The recent selloff has the funds short corn futures for the first time since August of 2020. The funds are currently short corn by about 40,000 contracts. It is going to be hard to get the funds...
Good morning, The grain markets have opened quieter this morning with corn unchanged, soybeans unchanged and wheat down 4. The U.S. banking system is stabilizing after strong actions from regulators, but further steps to protect bank depositors may be warranted if...
Good morning, The markets are taking a beating again today with corn down 10, soybeans down 12 and wheat down 18. The USDA cut the Argentina crop by a record 8 mmt of beans and 7 mmt of corn in yesterday’s report. The USDA also lowered corn exports by 75 million...
Good morning, Markets are slightly higher to start the day with corn up 2 and soybeans up 3. The USDA is releasing their crop report this morning. Many in the industry expect a drop in corn exports of 25-50 million bushels and a rise in soy exports with wheat...
Good morning, Corn and wheat are weaker to start the week while soybeans show the strength. Currently corn is down 3, wheat is down 10 and soybeans are up 14. Several Argentine agricultural companies on Friday said they had slashed their forecasts for this season’s...
