Good Morning, Corn is up 2 and soybeans are down 4 to end the week. For the week corn is up 13, soybeans up 17. On Thursday, funds were net sellers of 5,000 SRW Wheat; bought 8,000 Corn; bought 2,000 Soybeans. Managed funds are net long 61,000 contracts of SRW Wheat;...
Good Morning, Markets are stronger again overnight with corn up 3 and soybeans up 9. President Trump threw his support behind a $2.2 trillion stimulus package yesterday raising optimism on Wall Street that has supported all markets. Crude oil prices are higher while...
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....
