Good Morning, Markets are quiet to start the day as traders prepare for this todays September 1st stocks report that will be released at 11am. Expectations are for NASS to up 2019 soy crop by 23m bu. to 3.575B bu. Average trade estimate for 9/1/20 corn stocks at...
Good Morning, Markets are on the defensive this morning with corn down 5 and soybeans down 10 as traders wait to see if we can get any Chinese buying before they go on a week long holiday beginning Thursday. We will also have the USDA stocks report out Wednesday and...
Good Morning, Corn and soybeans are both up 2 to start the day as we look to end the first week in over a month with lower prices. The markets have had a nice rally starting in the middle of August and recently topping out last Friday. Harvest pressure and outside...
Good Morning, Markets were softer overnight and appear to be on the defensive as a stronger dollar is taking its toll on the commodities. Concern over rising COVID cases across both the US and Europe are also weighing on prices. Harvest continues to roll on as weather...
Good Morning, The markets are down sharply this morning with corn off 7, soybeans off 16 and wheat off 12. The approaching harvest and weak outside markets have taken some of the wind out of the bulls sails. Rising COVID infection numbers in Europe and reports that...
Good Morning, Prices are higher to finish the week with corn up 2 and soybeans up 9 to finish the wek. It is a same story on a different day as soybeans score new highs for the rally which is dragging the grains along for the ride. Fund managers appear willing to...
