by garrygard | Feb 7, 2024 | Daily Insights
Good morning, Markets are falling again this morning with corn down 5 and soybeans down 11. Rains arriving in Argentina and chart-based selling by AI trading have markets weaker. Corn was weak all day yesterday and has made a new low this morning. Argentine rains...
by garrygard | Feb 6, 2024 | Daily Insights
Good morning, Corn is down 3 and soybeans are up 3 to start the day. AgRural reported Brazilian center-south corn planting at 27% complete, up 11% on the week and the fastest pace since record began in 2013. The soybean crop is 16% harvested, up five points on the...
by garrygard | Jan 30, 2024 | Daily Insights
Good morning, Markets are higher to start the day with corn up 4, soybeans up 10 and wheat up 2. The weather remains hot and dry in Argentina but has had no bullish impact. Yesterday some beans were bought out of the Southeast US from Brazil. Brazilian...
by garrygard | Jan 29, 2024 | Daily Insights
Good morning, All grain markets are starting the week off lower with corn down 5, soybeans down 10 and wheat down 7. A drone strike killed three U.S. service members today in Jordan, creating fears of an escalating regional war in the Middle East. The...
by garrygard | Jan 10, 2024 | Daily Insights
Good morning, Corn is down 2 and soybeans are down 7 in the overnight trade. The USDA will release a lot of reports on Friday at 11am including the USDA WASDE, Crop Production, Quarterly Grain Stocks. Trade estimates for the reports were released and as expected, wide...
by garrygard | Jan 9, 2024 | Daily Insights
Good morning, Overnight corn was down 1, soybeans up 1 and wheat down 1. Corn and soybeans have done a lot of trading to the downside to start the year and yesterday was just another one of those days. The fact that we bounced and closed off yesterday’s lows is...
