Good Morning, Markets are mixed this am with corn up 1 and soybeans down 1. Most of what is going on here is end of month, end of quarter and pre-positioning for the US crop report next Tuesday. The Funds did clear out a sizable amount of position...
Good Morning, Softer markets this morning with corn opening 6 lower, soybeans 15 lower and wheat down 12. Crude oil continues to drop and has been trading sub $60/barrel for the last few days. Covid outbreaks in Europe and the blockage of the Suez Canal...
Good Morning, Corn markets is unchanged and soybeans are up 5 to start the day. Crude oil is off sharply which and had some traders very nervous that we may see a selloff in other commodities. Last Spring when Covid shut down the World economy, it all...
Good Morning, Corn planting across the south is accelerating with Texas now 38% complete vs. 34% on the 5 year average while Louisiana is 52% planted vs 30% on average and Mississippi is 11% complete vs. 3% average. Hopefully the early planting progress...
Good Morning, Markets are down sharp to start the week with corn off 8 and soybeans off 7. Favorable weather continues to be the case in South America. Fronts are bringing rain to previously parched areas of Argentina. The forecast is consistent with where we left...
Happy St. Patrick’s Day! Traders are taking their pot of gold this morning as they sell off some of their longs. Corn is currently down 4, soybeans down 11 and wheat is down 5. Despite rumors and confirmation yesterday of additional sales the markets are...
