Good Morning, All markets are off sharply this morning with corn down 10, soybeans down 18 and wheat down 12. Significant precipitation is still expected in West Texas and from the Texas Panhandle through Oklahoma and south-central Kansas into Thursday. This will...
Good Morning, Markets are neutral this morning after trading lower overnight. Corn is down 1 and soybeans are up 2 at this time. Traders continue to monitor Chinese movements as they continue their buying spree of U.S. Ag commodities. The U.S. Trade Representative’s...
Good Morning, Corn is up 2 and soybeans are down 4 to end the week. For the week corn is up 13, soybeans up 17. On Thursday, funds were net sellers of 5,000 SRW Wheat; bought 8,000 Corn; bought 2,000 Soybeans. Managed funds are net long 61,000 contracts of SRW Wheat;...
Good Morning, Markets are stronger again overnight with corn up 3 and soybeans up 9. President Trump threw his support behind a $2.2 trillion stimulus package yesterday raising optimism on Wall Street that has supported all markets. Crude oil prices are higher while...
Good Morning, Markets were down sharply overnight and early this morning with a concern over the lack of fiscal stimulus and a second wave of COVID-19. Since the open both markets have rebounded slightly with corn now trading unchanged and soybeans down 3. Markets...
Good Morning, The crop report that was released Friday had only a few surprises and that was the acres reduction for both corn and beans. Close to million acres of each were taken off the balance sheet which accounted for most of the drop in production. Yields were...
