October 21, 2020

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...

October 15, 2020

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...

October 12, 2020

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...

October 9, 2020

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....

October 8, 2020

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....

October 7, 2020

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...