Good Morning, Markets are down hard this morning with contract roll and much better weather in South America. Today is the roll day for March futures, all long positions need to be move or else face delivery. The market is putting the squeeze on anyone...
Good Morning, Stronger markets to open the day with corn up 6 and soybeans up 30. Soybeans are leading the way with interest in South American weather on traders minds today. The USDA rated the Kansas winter wheat crop at 40% good to excellent down from...
Good Morning, Corn is up 5, wheat is up 9 and soybeans are unchanged to open the week. Funds are long 344,000 corn and 154,000 beans after Fridays close. Look for the markets to have a high level of volatility in the next 28 trading days as we work...
Good Morning, Corn is unchanged to three higher depending on contract month while soybeans are up three to five this morning. This weeks AG Forum did little that wasn’t expected with acres and carryout for 2021. They projected soybean acres at 90 million...
Good Morning, Softer markets to open the day with corn and soybeans both down 3 and wheat is down 15. Concerns over the damage to wheat in the plains has raised some red flags as initial reports are the damage will be minimal which is leading to weakness...
Good Morning, Corn is up 6, soybeans up 13 and wheat up 10 this morning following the cold three-day weekend. Frigid US weather and reflation concerns are supporting the markets this morning. With China still on holiday and the Ag Forum coming later this week, I would...
