November 13, 2019 Good Morning, Prices over at the CBOT were a little lower last night with follow-through buying absent after the pros were remained in the dark on any new detail of the Phase 1 trade agreement. Corn is down 2, soybeans are down 1 and wheat is down 4...
November 12, 2019 Good Morning, Overnight corn and beans were unchanged after yesterday’s selloff of 14 cents in soybeans and 4 cents in corn. The markets were under heaving fund selling yesterday with traders monitoring comments from President Trump. The markets...
Good Morning, Happy Veteran’s Day and Thank You to everyone that has and still does serve our nation! Weaker markets to start the week off with corn down 2 and soybeans down 9. The trade negotiations with China appear to have slowed again over the weekend as president...
Good Morning, Quiet markets to open the day as traders await the 11am WASDE report. (Estimates listed below) Heading into today’s report the spec funds are carrying a rather large short position in corn and long position in soybeans given the private estimates for...
Good Morning, The corn market it trading 2 lower and soybeans are 3 lower this morning as trade continues to position ahead of Fridays report. Funds are currently short 102,000 corn and long 74,000 soybean contracts. Last nights crop progress report showed US corn...
Good Morning, Lower in corn and higher in soybeans to start the week. Corn is currently down 3 and soybeans are up 5. Harvest pressure is weighing on the corn markets as producers made decent progress over the weekend. Progress is expected to reach 55% complete over...
