Good Morning, We saw some strength in the markets yesterday and are taking some of those gains back today. Yesterday’s rally appears to be the same old “buy the rumor, sell the fact” trading. Rumors that China may buy corn and soybeans as part of a deal with the US....
Good Morning, Corn and Soybeans are slightly higher this morning on news out of Brazil this morning. CONAB(Brazil’s version of the USDA) estimated their corn crop at 91.652 mmt which is up from their January estimate by 460 tmt. They lowered their first crop estimate,...
Good Morning, Markets are lower this morning with corn down x and soybeans down x. Fridays report came as no surprise to most traders as yields were lowered in corn, but ending stocks were higher than estimates by 27 million bushels due to lower ethanol and feed use....
Good Morning, Report day and there could be a lot of news in today’s report. Corn is expected to be bullish as exports have been close to record as of this date and feed use has been strong. Ethanol grind is expected to be reduced today, but yield is expected to be...
Good Morning, Markets are trading lower today as traders position ahead of tomorrow’s big report. The past 4 years have resulted in no excitement in the corn market following the final production numbers. Here is what has happened the last 15 years: Make sure you are...
February 5, 2019 Good Morning, Corn and beans are both down a couple cents this morning and wheat is down 4. There is a lack of fresh news with Asia closed to celebrate the Lunar holiday and before Fridays WASDE report from the USDA. President Trump will speak to the...
