Good Morning, Corn saw support from the bean market and flooding in the northwest Corn Belt yesterday and managed to close a couple cents higher. Yesterday’s bean rally was the result of China buying PNW beans and reports that Chinese officials rumored to have...
Good Morning, The Chinese trade delegation canceled their US farm tour stops on Friday causing the markets to end last week on a down note. Reasons for the cancelation were not clear, but it is rumored that the farms were actually the ones cancelling the visits. The...
Good Morning, Even markets to open the day with corn unchanged and beans up 2. Forecasts for the next week locally look favorable with temps in the 70’s thru next week. The first day with sub 40’s isn’t until 10/2 and that is forecasted to be 36. The latest ethanol...
Good Morning, After a strong Monday and quiet markets overnight the markets have opened lower today as rain has been added next week for the dry southern areas and no indications of a frost threat well into October. Sources say that President Trump is tentatively...
Good Morning, USDA report out today at 11am will dominate the markets today with traders positioning ahead of the release and reacting after. There will be a lot of data released today (see below) but the main focus pre report seems to be focusing on what the USDA...
Good Morning, Corn finally stopped the free fall yesterday as it jumped up to challenge the 10DMA and closed up 7 cents for December futures. Some of the strength today could be attributed to the unexpected 3% drop in crop ratings last night, and we were also probably...
