Good Morning, Mixed markets to open the day with old corn up 3 and new corn down 5. Soybeans are currently up 25. Today’s focus will be on the USDA S&D report that will be released at 11:00am. Estimates are listed below. 2020/21 US Ending Stocks (million bu) May...
Good Morning, Markets are working higher this morning after yesterday’s big selloff. Corn is currently up 15 in the old crop and 6 in the new crop. Soybeans are up 26 in old crop and 17 in new crop. Yesterday’s crop progress shoed another very active week across the...
Good Morning, Weaker markets overnight as rainfall was a bit better than expected. Forecasts look positive in the US for the crop for now. Weather forecasts for the 7-10 day range are calling for warmer temperatures which are also going to trigger rains which will be...
Good Morning, Corn was up 6 and soybeans were up 11 to start the day. US planting is expected to be close to 70% complete for corn and 55% in beans. Overall good planting weather has put the US off to the best start in years. Many in Illinois will be complete with all...
Good Morning, Corn is starting the day off 3 lower while soybeans and wheat are up 1 and up 5 respectively. There are rumors that China has purchased 1.5-2.5 mt of corn for new crop and more soybeans out of Brazil. May looks to be a record for exports from Brazil to...
Good Morning, Corn is up 9 and soybeans are up 16 overnight as the markets rebounded from a slight selloff. The markets were all over the place yesterday but we were able to fill some gaps in corn and soybeans and wheat after the open. The higher limits and increase...