August 1, 2022

Good morning,   Markets are sharply lower to start the week with corn down 15 and soybeans down 50.   Market initially opened higher last night and quickly ran into selling.  The first grain ship has left the port of Odessa and is headed to Africa.  Another...

July 28, 2022

Good morning,   Markets are off to a stronger start today with corn up 11, soybeans up 27 and wheat up 16.   Prices are higher off threatening weather and the confirmation of the Fed rate increase of .75.  The Central Bank said they will study data and see...

July 19, 2022

Good morning,   Markets are down hard to start the day with corn down 20 and soybeans down 23.   Corn ratings remained steady last night with 64% of the crop rated good to excellent. This is unchanged from last week and 1%  below the five year average. The...

July 15, 2022

Good morning,   Markets are mixed this morning as we head into the weekend.  Corn is currently up 4 while soybeans are down 2.   This past week has been a wild ride of ups and downs as old crop corn had a 80 cent trading range. Weekend rains and continuous...

July 13, 2022

Good morning, Markets are trying to bounce after yesterday’s selloff as corn is up 12 and soybeans are up 11 to start the day. Yesterday’s WASDE increased corn and soybean carryout for the 2021/22 crop and corn for the 2022/23 crop as expected. Most traders expected...

July 6, 2022

Good morning,   Markets are trying to hold on and stop the recent selloff with corn up 1 and soybeans up 8.   Favorable weather over the weekend and rains continuing this week along with temperatures that are not as hot as they had forecasted last week is...