Good Morning, Markets were down sharply overnight and early this morning with a concern over the lack of fiscal stimulus and a second wave of COVID-19. Since the open both markets have rebounded slightly with corn now trading unchanged and soybeans down 3. Markets...
Good Morning, The crop report that was released Friday had only a few surprises and that was the acres reduction for both corn and beans. Close to million acres of each were taken off the balance sheet which accounted for most of the drop in production. Yields were...
Good Morning, Report Day!! The USDA will release their October Supply and Demand report at 11am today. Like every report there has been a lot of anticipation building for this one. Yield and stocks will be the big focus. Below are the estimates for today’s report....
Good Morning, Markets are higher this morning led by soybeans and wheat weather threats and strong demand. Chinese buying continues to build ahead of tomorrow’s report. We could see another 4-6 cargoes of beans and even some corn to be reported in the next few days....
Good Morning, Markets are higher again this morning with corn up 4, soybeans up 9 and wheat up 15. Yesterday and today’s rally are a result of European and South American weather issues. These issues are pushing Wheat and Soybeans higher and pulling corn along with...
Good Morning, Markets are flat to start the week with corn and soybeans trading unchanged while wheat is up 8. Wheat has been the upside leader with Russia facing another two weeks fo dry weather for their winter wheat areas. Corn and soybeans are feeling the pressure...