January 12, 2021 Good Morning, REPORT DAY! Corn is unchanged this morning while soybeans and wheat are up 7 and 8 respectively. Funds are estimated to be long 327,000 corn and 172,000 soybean contracts after yesterdays close. The...
Good Morning, Markets are starting off the week with corn unchanged and soybeans up 7 as traders prepare for tomorrows USDA report. The January 12th Crop Report is out tomorrow at 11:00. The USDA will update the supply and demand as well as the...
Good Morning, Markets are firm again this morning with corn up 1 and soybeans up 11. Strength in the bean market continues to move all markets higher. Rumors of Chinese purchases for July and August shipments are propping the beans up this morning....
Good Morning, Corn and soybeans are trading 4 and 20 respectively this morning. Overnight March and May corn on the CBOT traded above $5 which was seen as a ceiling by many traders. We have blown thru all of the previous ceilings ($4, $4.50, $4.80) so...
Good Morning, Markets are stronger this morning with corn up 6 and soybeans up 29. Will todays trade be the same as yesterday? Yesterday was a wild ride, and today may not be much different. The markets were up these same levels yesterday before closing lower on corn...
Good Morning, Happy New Year! That’s definitely the way things are starting out this year with markets continuing their rally from late 2020. Overnight corn was up 6 while soybeans were up 28. The Chinese currency in relationship to the US Dollar...
