Good Morning, Report Day! USDA will release the June numbers at 11am today. This report will be the focus of traders today and tomorrow before we shift back to weather. USDA June 1 US Grain Stocks (million bushels) USDA June Average Estimate Range...
Good Morning, Stronger markets this morning with old corn up 12, new crop corn up 6 and soybeans up 19. Dry weather for the Safrinha corn crop in Brazil is driving prices higher the last two trading sessions. Brazil raises two crops of corn, the first is...
Good Morning, Markets opened stronger this morning with corn up 14 and soybeans up 14. Concerns over Brazils weather have added strength to the markets today. Agencies in Brazil are getting concerned about the 2nd crop corn as they dropped production 3.5%. US...
Good Morning, Corn is up 4 and soybeans are up 2 this morning. Yesterday old corn saw some strength on reports of harvest delays in South America a stronger wheat market and algorithmic trading that sent May and July corn 18-20 higher at...
Good Morning, Nice spring rains and higher markets to start the day. Corn is up 8 soybeans are up 5 and wheat is up 12. For the week ended Apr 2, ethanol production was 975,000 barrels per day (the uptick is less than expected by analysts, who had...
Good Morning Markets are mixed this morning with old corn up 3, new corn down 3 and soybeans up 8 across the board. NASS rated the winter wheat good/excellent at 53% this week vs 62% a year ago. U.S. Spring Wheat planted was 3% versus 3% a year ago, 2%...
