Good Morning, Last night’s planting progress showed US corn at 27% complete vs. 7% a week ago and 20% on the five year average. The major corn growing states all came in well above average and are as follows: Iowa 39% complete 20% average Illinois 37% complete 31%...
Good Morning, After a weekend of favorable weather and lots of activity in the fields across the Midwest, the markets are taking a hit. Corn is currently down 9, soybeans down 4 and wheat down 7. • Fridays USDA Cattle on Feed Report showed all US cattle on feed as of...
Good Morning, Markets are higher this morning with corn up 4 and soybeans up 10. The catalyst for the recovery are reports that Chinese interest for US beans and other Ag products is improving. Newswires carried a story that the Chinese intended on making good on...
Good Morning, Energy prices have become a complete disaster in the last two trading sessions. Yesterday we saw something we’ve never seen before with crude oil futures trading negative in delivery. May crude closes out in delivery today and is trading up 33...
Good Morning, Markets were weaker this morning with corn down 4 and soybeans down 6. Weather over the weekend was favorable across most of the Midwest for fieldwork with extended forecasts calling for warmer and drier weather. The 6-10 day weather brings much warmer...
Good Morning, The markets are taking a beating again today as corn trades 5 lower, soybeans 5 lower and wheat 16 lower. Uncertainty continues in the livestock sector due to meat plant closures that are limiting upward movement in prices despite some technical buying....
