Good morning, Markets are lower to start the month of July with corn down 5 and soybeans down 2. We are seeing some follow through selling after Fridays WASDE report. In case you missed it the report had corn acreage at 91.475 million vs pre-report...
Good morning, It’s report day! The USDA Grain Stocks and Acreage report will be released at 11:00am today. Early this morning corn and soybeans are slightly higher as traders’ position for the report. Check back after 11:00 for the updated numbers. ...
Good morning, Markets are down 7 in corn and up 35 in soybeans this morning. With the key Stocks and Acres update on Friday, we could see some short covering later this week. I do expect a lower crop rating this afternoon, but nothing severe. The weather forecast into...
Good morning, Markets are quiet to start the day with both corn and soybeans up 1 cent. The direction of the grain markets is starting to change slightly as planting progress figures track near average and concerns around a 2019 type situation dissipate. While the...
Good morning, Markets are softer to open the day with corn down 3 and soybeans down 10. Planting progress moved ahead of the rains and traders are saying it was better than expected by about 3 points. Corn planting progress advanced from 49% to an even 70% complete as...
Good morning, Markets were softer overnight with corn down 1 and soybeans down 4. Expectations were for minimal changes to both corn and soybean carryout for 23/24 and that is essentially what we saw. The corn carryout was taken down 100 mbu thanks to a 50 mbu...
