Good Morning, Nice spring rains and higher markets to start the day. Corn is up 8 soybeans are up 5 and wheat is up 12. For the week ended Apr 2, ethanol production was 975,000 barrels per day (the uptick is less than expected by analysts, who had...
Good Morning Markets are mixed this morning with old corn up 3, new corn down 3 and soybeans up 8 across the board. NASS rated the winter wheat good/excellent at 53% this week vs 62% a year ago. U.S. Spring Wheat planted was 3% versus 3% a year ago, 2%...
Good Morning, Markets are higher to start the week with old corn up 2, new corn up 6 and soybeans up 18. Thursday’s trade was kind of a mess in the spread trades between a whole host of commodities. Post report trade can make some weird things happen as a lot...
Good Morning, REPORT DAY! Nothing but today’s report on the mind of traders. Here are the estimates heading into the report: March Quarterly Stocks (billion bushel) March 2021 Ave. Est. March 2020 Corn 7.701 7.767 7.592 Soybeans 1.564 1.543 2.255...
Good Morning, Markets are lower this am with corn down 6 and soybeans down 5 to start the week. Going into the crop report, the funds are still holding a hefty amount of corn futures, not very far from the record amount they owned in January. Traders...
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...
