June 29, 2020

Good Morning, Markets are mixed this morning with corn up 4 and soybeans down 1. Traders are preparing for tomorrows reports and a holiday shortened week. Tomorrow at 11am the NASS stocks/seeding report will be released which will give us the final acres planted for...

June 25, 2020

Good Morning, Markets are getting hit hard this am with corn down 8-10 and soybeans down 7. Favorable weather forecasts for a warm and wet July are weighing on the crops and outside markets are worried about the rising number of COVID cases leading to a second...

June 24, 2020

Good Morning, Markets are mostly higher with corn up 3, beans up 1 and wheat unchanged this morning. With only 4 trading sessions remaining between now and the NASS Quarterly Stocks/ Seeding reports I expect to things trade sideways with rallies limited by the...

June 23, 2020

Good Morning, Futures were down sharply in overnight trade. Corn had been down 8 cents and beans down 14 off of comment that came from US Presidential Aide Peter Navarro. Fox news reported that he said the US Phase One deal was over. President Trump was quick to take...

June 19, 2020

Good Morning, High-level meetings between Secretary of State Pompeo and a Chinese Communist Party Politburo Yang in Hawaii yesterday were productive. Pompeo was able to secure new assurances that China would still comply with the Phase 1 trade deal and its associated...

June 15, 2020

Good Morning, Markets are trading lower as spillover selling from the outside markets casts a shadow over the CBOT Ag complex. Corn is down 4, beans down 5 and wheat down 6 cents. Trader are paying close attention to the price of gasoline as the US economy tries to...