Good morning, Dryness in Brazil continues to be a concern as planting remains behind pace and rainfall is forecasted to be behind pace for another 3 weeks. Unlike US farmers, Brazilian farmers want rain during planting season. Argentina is sitting in a similar...
Good morning, Corn is unchanged and soybeans are up 2 to start this Friday. It’s nice to see more upward momentum this morning, but traders most likely won’t move things much higher ahead of Mondays quarterly Stocks report. Monday’s reports could easily help end this...
Good morning, Markets are weaker to start the day with corn down 3 and soybeans down 8. Harvest is under way and both the corn and soybean crops are expected to be close to 20% harvested on Monday. There is some light rain around today but shouldn’t hinder any...
Good morning, Corn is up 1 and soybeans are up 10 to start the day. Corn and soybeans had a bit of a setback yesterday. Both corn and beans are still above their recent lows. Beans have a slightly friendly look, but stiff overhead resistance in the $9.90 to $10.00...
Good morning, All commodities are in sell mode this morning as corn is down 4, soybeans down 19 and wheat is down 3. Steady crop ratings, when ratings normally fall, rain in the forecast and follow thru selling from yesterday’s crop report in soybeans are pressuring...
Good morning, The markets are higher to start the day with corn up 5 and soybeans up 7. Futures have put together three consecutive days of higher trade. September futures have hung above the $4.00 mark for the last two days and should do so today...