Good Morning, Markets are lower again overnight as they monitor the Pro Farmer crop tour results and talks or lack there of with China. Pro Farmer estimated Nebraska corn at 175.1 bushels per acre, up from 172.5 last year and above the 3 year average of 172.4. Bean...
Good Morning, Markets are lower today following yesterdays surge in the markets. Uncertainty over supplies and fund short covering have led to the recent rally following the USDA’s WASDE report. The trade is still debating the damage from Monday’s derecho...
Good Morning, Markets were higher overnight with corn up 6 and soybeans up 10. Concerns over a dry LH August and ideas that China has more to buy is moving the market today. The USDA pegged the 2019/20 corn carryout at 2.228 billion bu. The 2020/21 carryout is...
Good Morning, Report Day! The USDA will release their S&D estimates at 11 am today with the expectations for larger corn and soybean yields due to favorable weather. Estimates are listed below and will be updated shortly after the report’s release. USDA Production...
Good Morning, Markets are a little higher to start the day with what looks to be some short covering ahead of tomorrrow’s report. Corn is up 3 and soybeans are up 2. Crop ratings last night dropped 1% to 71 percent good to excellent for corn. Beans increased 1%...
Good Morning, Markets look to continue the weekly trend of lower trade. Corn is down 2 while soybeans and wheat are down 4 and 5 respectively. Next Wednesday’s USDA report will be the main focus for traders to begin next week and early indications are that the market...
