Good Morning, Markets are up slightly and trying to regain some of yesterdays losses. Yesterday we saw corn down 11, soybeans down 31 and wheat down wheat down 5. There were many reasons for the nasty break in futures yesterday in the CBOT. Technical meltdown,...
Good Morning, This morning corn is down 9 and soybeans are down 23. A technical meltdown developed overnight, high prices are going to have big ranges and moves. This is just going to be part of things moving forward. It will probably get even worse with the...
Good Morning, Another sharply higher Sunday night trade fades into the early AM hours. Improved rain chances in Argentina and a USDA crop report coming Tuesday have held prices at bay. Look for the market is going to chop around today and tomorrow. Tomorrow...
Good Morning, Stronger markets this morning after a weak overnight session. Corn is up 5 and soybeans are up 30. The 6% drop in the Brazilian currency over the last few trading sessions plus weakening values for corn in Argentina have caused the recent...
Good Morning, Mixed markets this morning with corn down 1 and soybeans up 3. China has been holding off on any purchases of beans, while they wait for Brazilian shipments. They have backed off the crush pace to bridge the gap until South American supplies...
Good Morning, Overnight markets had old corn down 1, new corn up 2 and soybeans up 11. Prices rallied up again strongly last night only to fizzle out in the early AM. This has been a pretty reliable pattern over the last couple months. Expect a really choppy...
