Good Morning, Softer markets to open the day with corn and soybeans both down 3 and wheat is down 15. Concerns over the damage to wheat in the plains has raised some red flags as initial reports are the damage will be minimal which is leading to weakness...
Good Morning, Corn is up 6, soybeans up 13 and wheat up 10 this morning following the cold three-day weekend. Frigid US weather and reflation concerns are supporting the markets this morning. With China still on holiday and the Ag Forum coming later this week, I would...
Good Morning, Markets have turned lower this morning with corn down 2 and soybeans down 4. Today is Chinese New Year, and most everything is closed in China. US markets will be closed for President’s Day on Monday. The US Ag Outlook Forum will...
Good Morning, Turnaround Tuesday and Wednesday? Corn is down 12 and soybeans are down 26 to start the day as the markets follow thru on yesterdays selloff. Markets are correcting sharply after a dud of a USDA crop report yesterday. The funds are holding...
Good Morning, Mixed markets overnight as old corn was up 1 and new corn down 1. Soybeans were up 11. USDA stocks report will be released at 11am today and all estimates are for lower carryout in corn and soybeans. I believe yesterdays strength was positioning...
