Good Morning, Markets are mixed this morning with corn down 1 and soybeans up 2. There appears to be very little action in the markets as traders anxiously await Fridays report. Funds have reduced their short positions in corn and soybeans over the last couple weeks...
Good Morning, Prices are mostly lower following a rather boring session overnight. Outside markets are relatively quiet. Corn is down 1, beans down 2 and wheat off 2. The funds will spend the next three days preparing for Friday’s final production figures and...
Good Morning, Markets are mixed this am with corn down 1 and soybeans up 2 as the risk off trade continues to hang over the Ag markets as traders ponder the possibility of an the Iranians retaliating. We will get a look at the USDA’s final numbers for 2019...
Good Morning, Markets are softer overnight with corn down 3 and soybeans down 10 as traders take a risk off approach after a US drone strike overnight killed an Iranian General. News that General Qassem Soleimani, the head of Iran’s elite Quds Force was killed in an...
Happy New Year! Early calls are mixed to slightly higher with more of a risk on tone in the market. The Funds are net short soybeans, soymeal and corn and net long Chicago wheat and soyoil. I would expect the funds could begin to cover some of their shorts before the...
Good Morning, Markets opened softer this morning with corn down 1 and soybeans down 4 as traders wrap up trading for the year. South American weather remains bearish the markets with very favorable weather over the last week and forecasts for decent precipitation in...
