Good Morning, Report Day!! The USDA will release their October Supply and Demand report at 11am today. Like every report there has been a lot of anticipation building for this one. Yield and stocks will be the big focus. Below are the estimates for today’s report....
Good Morning, Markets are higher this morning led by soybeans and wheat weather threats and strong demand. Chinese buying continues to build ahead of tomorrow’s report. We could see another 4-6 cargoes of beans and even some corn to be reported in the next few days....
Good Morning, Markets are higher again this morning with corn up 4, soybeans up 9 and wheat up 15. Yesterday and today’s rally are a result of European and South American weather issues. These issues are pushing Wheat and Soybeans higher and pulling corn along with...
Good Morning, Markets are flat to start the week with corn and soybeans trading unchanged while wheat is up 8. Wheat has been the upside leader with Russia facing another two weeks fo dry weather for their winter wheat areas. Corn and soybeans are feeling the pressure...
Good Morning, The USDA threw the traders a curveball yesterday with a bullish September 1st stocks report and wave of unexpected revisions. This helped add some much needed life into the markets and should add support moving forward. While the old crop stocks dropped,...
Good Morning, Markets are quiet to start the day as traders prepare for this todays September 1st stocks report that will be released at 11am. Expectations are for NASS to up 2019 soy crop by 23m bu. to 3.575B bu. Average trade estimate for 9/1/20 corn stocks at...
