Good Moring, Markets opened higher this morning with corn currently up 8 and soybeans up 20. Yesterday’s corn acres came in at 92.7 mln. acres which was above the March report but below expectations. June 1 stocks were in line with expectations. Soybean acres at 87.6...
Good morning, Corn is up 10 and soybeans are up 20 to open the week. Money movements and positioning ahead of Wednesdays report is going to have the markets bouncing all over ahead of its release. Estimates for the report can be found below. Once the...
Good Morning, Weaker markets to end the week is the way it’s starting out. Corn is down 14 and soybeans are down 17 out of the gates. Rain is the market mover this morning. All the Midwest has received and will continue to receive rain over the next 7-10 days based on...
Good Morning, Markets are sharply lower to open the day with corn down 15 and soybeans down 25. With the markets acutely focused on Midwest weather, overnight prices have declined as forecasts continue to show a wet, rainy period ahead for much of the grain growing...
Good Morning, Corn is currently down 2 and soybeans are up 3 to start the day. We have seen the old crop to new crop inversion get bigger over the last several days and it looks to continue as we approach first notice day. On Tuesday afternoon, there were rumors...
The rollercoaster continues this morning as corn is down 9 and soybeans are down 2 to start the day. The USDA dropped US corn rating to 65% G/E last night vs. 68% last week. NE led the way at 83% G/E with OH, IN and WI next in line. WI came in at 69% G/E which is down...