Good Morning, Markets are mostly higher as fears that US processing plants could close due to infections of the COVID-19 virus continues to rise. The infections could prove challenging as workers and truck drivers who potentially have contracted the disease cause a...
Good Morning, Markets were higher overnight with short covering and news that China appears to have stepped up and bought corn, beans and wheat in the last 48 hours. Concerns over supply from South America have been fueled by the coronavirus outbreak in South America...
Good Morning, Corn continues to grind lower while soybeans and wheat have stabilized. Corn is down 7 while soybeans and wheat are both up 4 to start the day. Selloffs in commodities due to both the coronavirus pandemic and an ongoing trade war between Russia and Saudi...
Good Morning, Corn and soybeans are both trading 6 lower this morning while wheat is down 10. Crude is below $29/bbl and the Dow is 2300 to start the week. The Federal Reserve also announced a buyback program of $200B of mortgage-backed securities and $500B in...
Good Morning, The day is off to a very rough start after President Trump spoke in a prime-time address from the Oval Office, announcing sweeping new restrictions on travel from Europe and scattered executive actions to help workers and businesses rocked by what he...
Good Morning, There were few changes in yesterday’s WASDE report for corn and beans which was expected. Corn ending stocks came in at 1.892 which was unchanged from last month. Soybeans also came in unchanged from last month at 425 million bushels. The next major...
