Good morning, Corn and soybeans are starting the month off with a Bang! Corn is up 35 and soybeans are up 45 early this morning. Rumors, facts, and more rumors seem to move the market day to day. Last week there was talk of China cancelling old crop purchases that...
Good morning, Markets opened lower today with corn down 5 and soybeans down 10. Yesterdays limit higher close was just another volatile day in the markets with no solid reason for the speculative trade. We have seen limit lower and limit higher trade days this week as...
Good Morning, Markets have bounced higher this morning with corn and soybeans both up 18. Weekly export sales this morning showed old crop sales slightly above estimates at 21.9 million bushels for the week. New crop sales were very strong at 224 million bushels. This...
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...
