June 11, 2019 Good Morning, Markets were weaker overnight and look to trade lower this morning following last nights planting progress report. Weather last Thursday thru Sunday allowed more field work in IL, IN and OH than had been anticipated. Last nights planting...
Good Morning, Markets are softer this morning to end the week. July corn was unable to maintain the upward momentum overnight following yesterday’s turnaround. Equity markets are relatively quiet despite the Trump Administrations threat of additional tariffs against...
Good Morning, Markets are lower again this morning with favorable planting and growing weather in the forecast. The U.S. Midwest weather forecast changed to significantly less rains over the next 5 days and the 6 to 10 day period is also a bit drier. The U.S. Delta...
Good Morning, Weekly crop progress reports were unsurprisingly friendly as only two-thirds of the corn crop and less than 40% of the bean have been able to be seeded this spring. While the corn is obviously record slow, the beans aren’t far behind with their...
Good Morning, Markets are higher this morning with corn up 2, beans up 7 and wheat up 16. Wheat is providing the boost this am as dry weather in Russia and additional rainfall in the plains provide support following Friday’s selloff. Traders continue to focus on...
Good Morning, News from the White House that it would place a 5% tariff on all imported products from Mexico beginning June 10th in attempt to stem the flow of illegal immigration has the CBOT Ag complex under pressure. Corn is down 6, beans down 3 and wheat down 12...
