October 14, 2019 Good Morning The United States and China announced Friday afternoon that they have reached agreement on the framework from which their staff can draft Phase 1 of a trade deal. Drafting that agreement will take the next three to five weeks, but...
Good Morning, At some point we as traders and marketers of grain will learn from the past mistakes and realize that when the strong majority is thinking the markets are going to move higher or lower following a report it will actually head the opposite direction. That...
Good Morning, Markets are quiet ahead of the potential storm that comes today. USDA report out at 11am (numbers below) and Chinese and US trade talks begin in Washington today. Both could send the markets in a bullish or bearish direction. Any drop in yield or...
Good Morning, Markets are softer again this morning with both corn and soybeans down 1. Traders are waiting on Thursdays WASDE and Production reports. Private analysts are expecting to see a 1.8 bu/acre(167.5) cut in corn yield and 400,000 acre(81.6) cut in harvested...
Good Morning, Quiet markets to start the day/week off as corn is up 1 and soybeans are unchanged. There is a lot of news that could move the market this week and direction is TBD. 1. US and China trade talks resume this week as the Chinese delegates are in Washington...
Good Morning, The markets got a boost this week from some active short-covering by the funds after the surprisingly bullish report from the USDA to kick off the week. While things cooled off as the week wore on, fund managers are still maintaining a good-sized...
