June 8, 2020

Good Morning, Soybeans and wheat are down two while corn is up 2 this morning. Corn has made small gains in the past few days, but it’s mostly just been a change in the spread and the position the funds hold. The funds will likely remain short corn unless the weather...

June 5, 2020

Good Morning, Markets are slightly higher this morning with corn and soybeans both trading 1 higher. Short covering may be the market mover to close out the week. I doubt the rally will go very far, but any rally is good news. Corn will have a tough time clearing...

June 3, 2020

Good Morning, Corn is down 2 while soybeans and wheat are both trading 3-5 higher overnight. Favorable weather nearby and in the extended forecasts continue to keep the funds short the corn board. Funds are estimated to be short 275,000 contracts. Money has been...

June 1, 2020

Good Morning, Overnight the markets were sharply lower with corn, soybeans and wheat all down 6-7 cents. This morning corn opened 5 lower while soybeans and wheat were 3 and 8 lower respectively. President Trump announced significant sanctions on China Friday...

May 28, 2020

Good morning, Markets are mixed this morning with corn up 1 and soybeans down 7. Weather and US-China tensions lead the news today. China advanced its law restricting the freedoms of Hong Kong today, taking the action despite threats for sanctions from the United...

May 22, 2020

Good Morning, Overnight corn and soybeans were each down 1-2 cents while wheat was down 9. Look for traders to close the week on a down note today as they head into a 3 day weekend with favorable good planting progress, favorable growing weather and continued...