Good Morning, Lower markets out of the gates today with corn down 4 and soybeans down 2. Corn futures have dropped 50 cents so far this week and more than 12% from their record in January. China’s top agriculture think-tank has cut its estimate for total corn demand...
Good Morning, Corn is down 40 and soybeans are down 55 to start the day! Corn and soybeans are down hard this morning after favorable weekend rains and forecasts for cooler and wetter weather in the 7-10 day. Over the weekend some rains did fall in the...
Good morning, Weaker markets to close the week in corn as we are down 6 this morning. Wednesday’s USDA report is in the books and now off the traders’ minds as they switch their focus to weather. The 10-day outlook is dry across the US. There are light chances every...
Good Moring, Markets opened higher this morning with corn currently up 8 and soybeans up 20. Yesterday’s corn acres came in at 92.7 mln. acres which was above the March report but below expectations. June 1 stocks were in line with expectations. Soybean acres at 87.6...
Good morning, Corn is up 10 and soybeans are up 20 to open the week. Money movements and positioning ahead of Wednesdays report is going to have the markets bouncing all over ahead of its release. Estimates for the report can be found below. Once the...
Good Morning, Weaker markets to end the week is the way it’s starting out. Corn is down 14 and soybeans are down 17 out of the gates. Rain is the market mover this morning. All the Midwest has received and will continue to receive rain over the next 7-10 days based on...