Good Morning, Markets are firm again this morning with corn up 1 and soybeans up 11. Strength in the bean market continues to move all markets higher. Rumors of Chinese purchases for July and August shipments are propping the beans up this morning....
Good Morning, Corn and soybeans are trading 4 and 20 respectively this morning. Overnight March and May corn on the CBOT traded above $5 which was seen as a ceiling by many traders. We have blown thru all of the previous ceilings ($4, $4.50, $4.80) so...
Good Morning, Markets are stronger this morning with corn up 6 and soybeans up 29. Will todays trade be the same as yesterday? Yesterday was a wild ride, and today may not be much different. The markets were up these same levels yesterday before closing lower on corn...
Good Morning, Happy New Year! That’s definitely the way things are starting out this year with markets continuing their rally from late 2020. Overnight corn was up 6 while soybeans were up 28. The Chinese currency in relationship to the US Dollar...
Good Morning, Markets are calm this morning with the markets closing at 12 and most traders off for the holidays. Corn is up 1 and soybeans are up 3 at the time of this writing. Chinese bean demand has been the catalyst for markets this week. China is...
Good Morning, Overnight markets had corn unchanged and soybeans up 10. Weekly corn export sales totaled 75.6 mb, the second largest week of sales for that date on record and sharply higher than the level needed weekly to hit the USDA forecast. Total commitments of...