Good Morning, Quiet markets overnight and early this morning as traders await todays USDA Crop Production/S&D report. Traders are anticipating adjustments in the US tables but nothing too bullish. They could adjust the export forecast and raise demand while...
Good Morning, Rumors of a new vaccine to combat the Coronavirus had provided some support to the markets yesterday and overnight, but follow thru this morning is not there in corn. With infections from the virus now topping 24,000 and deaths approaching 500 news that...
Good Morning, Prices are starting the week mixed with corn down 3 and beans up 3 this morning as Chinese traders return from the week long Lunar New Year Holiday to hammer China’s financial markets. China’s stock market opened to the worst wave of selling in years...
Good Morning, The markets have been falling hard this week with corn off 10, soybeans off 30 and wheat off 14. Continued panic around the virus in China has traders moving money to the sidelines and safe havens. Funds are short 81k corn and 58k bean contracts. They...
January 29, 2020 Good Morning, After yesterday’s slight bump higher in the markets corn is off 2, wheat off 6 and soybeans are unchanged to start the day. Corn is back in the middle of its recent range and soybeans are on the lows of the year. Traders remain concerned...
Good Morning, Markets are off sharply this morning with corn down 8, soybeans down 10 and wheat down 7. Fears of the rapidly spreading coronavirus have traders with a “risk off” mentality to start the week. All three components of the CBOT are seeing liquidation in...
