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. ...
Good morning, Markets are lower to start the day with corn and soybeans down 12 and 17 respectively. Several things are pressing the markets the last few days. The longs are liquidating their positions. Hurricane Ida is putting pressure on the exports after damaging...
Good morning, Markets are quieter this morning with corn up 1 and soybeans down 4. The 10 day rain forecast for the Midwest has rain of up to two inches for Iowa and heavier amounts seen in Minnesota of up to 3-4 inches. Missouri, Illinois, Indiana and Ohio are on...
Good morning, Markets are firm this morning with corn up 7 and soybeans up 30 to start the day. The USDA found 60% of U.S. corn acres to be in good to excellent condition, down 2% from a week prior in a move that slightly surprised analysts. Average trade guesses for...