Good Morning, Commodities have been a yoyo this morning. Corn and soybeans opened slightly lower (2-3 cents) then sold off dramatically (15-20 cents) and have now bounced back to unchanged. Welcome to Volatility! Yesterday was a huge risk off day in the corn market as...
Good Morning, Looks like the funds are going to be selling out another large chunk of their position again this week. News is pretty limited this Monday AM. Crop progress is expected to show 91-92 percent of the corn planted and 80-84% of the beans planted. June 1st...
Good Morning, Markets are down 3 in corn and unchanged in soybeans this morning after trading as much as 10 lower overnight. Corn prices rebounded yesterday, while beans and wheat traded both sides of unchanged. The technical traders are indicating the lows early this...
Good Morning, Corn is up 9 and soybeans are down 4 to start the day. Corn planting progress was reported at 80% complete vs 67% last week, and 78% a year ago. Corn emerged 41% vs 20% last week, and 40% a year ago. WI came in at 78% complete which is up 29% from last...
Good Morning, Markets are started out slightly higher this morning with corn up 5 and soybeans up 10, but have since fallen with corn trading 2 lower and soybeans only up 4. Last week we saw a dramatic selloff in the markets with old corn losing 87 cents on the week...
Good Morning, Markets are continuing the slide this morning with corn down 20 and soybeans down 25. Yesterdays WASDE report put the 2020/21 ending stocks near estimates with corn at 1.257 bln bu, soybeans at 120 mln bu and wheat at 872 mln bu. The 2021/22 ending...
