Good morning, Markets are higher off a forecast of lower rain totals for Argentina next week, plus crude oil is up significantly lending strength to corn and bean oil. Corn is currently up 4 while soybeans are up 9. Rain coverage and amounts are expected to be...
Good morning, Markets are unchanged to start the day with the USDA report behind us and South American weather, harvest data and size now the focus. Yesterday’s USDA WASDE report was rather uneventful, as expected, with only limited U.S. balance sheet revisions being...
Good morning, All commodities are quiet this morning ahead of the 11am WASDE report. Guesses for todays report are listed below. USDA 2022/23 US Carryout (billion bushels) USDA FEB Average Est. USDA JAN Corn 1.267 1.266 1.242 Soybeans .225 .211 .210 Wheat .568 .576...
Good morning, Markets are weaker this morning with corn down 4 and soybeans down 9. Tomorrow morning the USDA will release its February WASDE report. Historically this in an uneventful report as traders watch South American harvest numbers and shift...
Good morning, Stronger markets to start the day. Corn is up 3 and soybeans are up 6. Weekly exports had another decent week with corn coming in at 35.8 million bushels and soybeans at 42.1 million bushels. Despite the decent numbers, corn is still 235 million...
Good morning, Rain in Argentina and Southern Brazil have the market lower to start the week. Corn is currently down 10 and soybeans are down 20. More rain is in the forecast as the weather has shifted to wetter for the end of January and the beginning of...
