Good morning, The markets are steady this morning with corn down 1 and soybeans down 3. Something a little unexpected happened after the lower open yesterday. New investor flows of money moved into the ag markets. Corn open interest was up 19,026 contracts...
Good morning, The USDA surprised everyone by reducing harvested acres by 1.6 million acres. This is the largest November to January acreage reduction on record. While harvested acres were lowered, the USDA did increase yield by 1 bushel per acre(bpa) to 173.3 bpa....
Good morning, The new year sell off continues today as corn is down 5, soybeans are down 12 and wheat is down 9. We have lost 30 cents in corn over the last 3 days, 52 cents in soybeans and 53 cents in wheat. Covid has run rampant in China. A worry about a Global...
Good morning, Markets are unchanged to lower this morning with corn up 1 and soybeans down 8. Weekly export sales came in at 37.8 million bushels which was a move in the right direction. Soybeans came in at 108.2 million bushels which was the highest...
Good morning, Markets are mixed to start the day with corn up 4, soybeans unchanged and wheat down 4. At 11:00am today the USDA will release their December WASDE report. Estimates for today’s report are listed below. Historically this is a quiet report for the markets...
