Good Morning, Markets are mixed this morning with corn down 1 and soybeans up 1. Tomorrow marks 30 days since the US and China signed the Phase 1 trade agreement. The pros will be on watch for signs that China is opening their Ag markets by either issuing duty-free...
Good Morning, Markets are mixed this morning with corn off 2 and soybeans up 5. Traders will be watching to see if China follows through with their pledge to open their markets to US Ag goods on February 15th as stipulated in the Phase 1 trade deal. Treasury Secretary...
Good Morning, Yesterday’s report did nothing to hurt the market, but also nothing to support it either. The report was the usual February changes that had been expected by the market. Cutting exports in corn made sense and further cuts will be coming unless China is...
Good Morning, Quiet markets overnight and early this morning as traders await todays USDA Crop Production/S&D report. Traders are anticipating adjustments in the US tables but nothing too bullish. They could adjust the export forecast and raise demand while...
Good Morning, Rumors of a new vaccine to combat the Coronavirus had provided some support to the markets yesterday and overnight, but follow thru this morning is not there in corn. With infections from the virus now topping 24,000 and deaths approaching 500 news that...
Good Morning, Prices are starting the week mixed with corn down 3 and beans up 3 this morning as Chinese traders return from the week long Lunar New Year Holiday to hammer China’s financial markets. China’s stock market opened to the worst wave of selling in years...