August 16, 2021

Good morning, Weaker markets this morning with corn down 4 and soybeans unchanged. The forecast over the next few days is dry in the Central US.  This changes a bit on day 5 as storm activity increases into the end of the model run.  Rain chances improve; however, it...

August 13, 2021

Good morning,   This morning corn is up 3 and soybeans are up 18 to start the day.   The initial response to yesterday’s report was very bullish as futures traded 30+ higher for a while, but eventually settled 14 higher. The report was bullish, but with...

August 12, 2021

Good morning,   We have opened the day weaker as traders’ position for the 11am report. Corn is currently down 5 and soybeans are down 12. The USDA will release their August WASDE report at 11am this morning. Estimates are listed below. The FSA will also be...

August 10, 2021

Good morning, Corn opened 3 lower and soybeans 7 higher to start the day. US corn ratings increased 2 pct to 64 G/E. The rating surprised the market, where trade analysts were estimating an average weekly rating of 62% for the week with a range of 59% – 64%. The...

August 9, 2021

Good morning, Corn is down 4 and soybeans are up 4 to start the week. Favorable rainfall across the belt over the weekend with more in the forecast should keep the markets flat heading into Thursday’s USDA report. On Thursday the USDA will release their August WASDE...

August 6, 2021

Good morning, Markets are quiet this morning with corn unchanged and soybeans up 5. As we roll along thru summer, the traders have been fairly quiet, and the markets have become rangebound. I would expect this will continue leading up to next Thursdays USDA Crop...