Good morning, Corn opened the day 4 lower and soybeans are unchanged. The energy market put the brakes on the rally last night led by natural gas, which is 200 lower this morning. These markets sometimes effect the way prices trade at the CBOT and CME. Energy has...
Good morning, Weaker markets to start the week with corn and soybeans down 9 and 5 respectively this morning. After Fridays report the markets surprisingly closed 7 higher despite bearish news in the report. On Friday the USDA raised the corn yield from 174.6 bu/acre...
Good morning, USDA report out at 11am today. Estimates and actuals are listed below. 2020/21 US Ending Stocks (Billion Bu) USDA Sept. Ave Est. USDA Previous Corn 1.187 1.169 1.117 Soybeans .175 .166 .160 2021/22 US Ending Stocks (Billion Bu)...
Good morning, Markets are flat today with corn unchanged to start the day. Traders are positioning ahead of tomorrows USDA report that will be released at 11am. Expectations are for acres to increase with potential yield adjustments. The FSA inadvertently posted...
Good morning, Markets are weak to start the day with corn down 10 and soybeans down 3 after the traders 3 day weekend. We have a USDA report out on Thursday this week where the USDA is expected to increase production even if they don’t adjust yield. Traders are...
Good morning, Corn is unchanged and soybeans are up 9 to start this Friday heading into a three day weekend. I would expect to see the markets close unchanged to lower as traders ship off for the extended weekend. The Gulf supplies 60% of the Ag trade out of the US. ...
