Good Morning, Corn and Beans are both relatively quiet before this morning’s report. The USDA has a monthly report coming in this morning at 11 AM. Below are estimates. USDA 2020-21 U.S. grain and soybean ending stocks USDA July Average of Range of USDA June...
Good Morning, Markets are weaker to start the day with corn and beans down 1-2 and wheat down 3. Shortened trading today as the markets will close at noon. There will be no markets on Friday. The USDA provided a ray of hope to farmers (at least temporarily) with...
Good Morning, June went out like a LION and July has entered like one as well in the grain markets. This morning corn is up 7 and soybeans are up 9 at the time of this writing. Both are off of their highs by about 5 cents from earlier this AM. Yesterday’s USDA report...
Good Morning, Markets are mixed this morning with corn up 4 and soybeans down 1. Traders are preparing for tomorrows reports and a holiday shortened week. Tomorrow at 11am the NASS stocks/seeding report will be released which will give us the final acres planted for...
Good Morning, Markets are getting hit hard this am with corn down 8-10 and soybeans down 7. Favorable weather forecasts for a warm and wet July are weighing on the crops and outside markets are worried about the rising number of COVID cases leading to a second...
Good Morning, Markets are mostly higher with corn up 3, beans up 1 and wheat unchanged this morning. With only 4 trading sessions remaining between now and the NASS Quarterly Stocks/ Seeding reports I expect to things trade sideways with rallies limited by the...