JUNE 3, 2021

Good Morning, Corn is down 5, wheat is down 9 and soybeans are down 2 to open the day. The market is trading weather this morning with Minneapolis wheat as the leader. Corn was lower yesterday after the USDA put out crop ratings that were much better than many would...

JUNE 2, 2021

Good morning, Markets are down 4 in corn and up 10 in soybeans to open the day. Yesterday’s strong markets were driven by the funds as they added to their long positions with the start of a new month and talk that China would continue to buy and take delivery of...

JUNE 1, 2021

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...

MAY 28, 2021

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...

May 27, 2021

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...

May 26, 2021

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...