Good Morning, Positive signs (fewer cases & deaths) have lifted equities and most other macro markets, including modest gains in corn and beans. Wheat is weaker based on better than expected crop conditions. The corn markets seem to be in a “Turnaround Tuesday”...
Good Morning, Markets are higher this morning with corn up 1, beans up 1 and wheat up and wheat up 5 to start the day. OPEC is scheduled to hold a virtual meeting on Monday to discuss a new agreement to reduce output. Traders are expecting some sort of resolution...
Good Morning, Markets are a little stronger this am with corn up 3 and soybeans up 2. The US Dollar is higher at 100.15, the Dow is up 500 points and crude oil is up $5.25 to $25.50 after China announce they would buy crude oil for their strategic reserves. Oil prices...
Good Morning, Markets are softer on the open with corn and wheat down 2 and soybeans down 4. Look for quiet trade ahead of this morning’s USDA report which will be released at 11am. Estimates are listed below. USDA Quarterly Stocks (Billion Bushels) USDA March 1, 2020...
Good Morning, Markets are softer this morning with corn down 5, what down 6 and soybeans unchanged. Overall the markets look to start the week off on the right foot ahead of tomorrow’s Stocks and Planting Intentions report. The average guess on corn acreage to...
Good Morning, Markets were mixed overnight with corn down 2, soybeans up 3 and wheat up 11. It’s been a wild week in all markets and I doubt that it will be any different in the coming weeks as we continue in uncharted waters. There are two ways to look at the market...
