November 15, 2024

Good morning, Corn is down 1 and soybeans are up 7 to start the day. Following a rough day yesterday, corn and soybeans have rebounded overnight and appear to be led by higher veg oil prices. Short covering in front of the weekend is to be expected. The US dollar...

November 8, 2024

Good morning,   WASDE report out at 11am today. This will be the last update we have on the 2024 production until the final report is released in January. Expectations are listed below.   USDA 2024/25 US Carryout (Billion Bushels) USDA November Average Est....

October 31, 2024

Good morning,   Happy Halloween!   Corn was lower yesterday and down slightly overnight as seasonal harvest pressure and lasc of fresh news in the export market develops. The markets seem to be spinning their wheels as we end the month.    USDA Deputy...

October 16, 2024

Good morning,   Markets were slightly higher overnight with corn up 1 and soybeans up 6.   We have seen significant selloff in the last few days in both commodities with corn down close to 30 cents since the first of October. The funds have drastically...

October 9, 2024

Good morning,   Corn and soybeans are unchanged to start the day.   The corn and bean futures have returned to their breakout points, so the next couple of days will be critical to direction moving forward. An unimpeded harvest will likely add hedge pressure...

October 8, 2024

Good morning, Corn is down 3 and soybeans are down 15 to start the day. Improved chances of rain in South America and harvest selling have the market down this morning. Argentina saw good rains in the north over the past 24 hours and that action remains this week, and...