Good Morning, Markets are slightly higher this morning after yesterday’s selloff. Yesterday’s weakness was felt in all commodities as bullish updates from China and the US didn’t come. Funds sold 12,000 contracts of corn and 8,000 contracts of beans. South American...
Good Morning, Corn is up 1 and soybeans are down 1 to start the morning. Crude oil is up 80 cents this morning but still lingering below the $50/barrel mark that we have been stuck in for the last month. With US/China trade talks progressing, US Commerce secretary...
Good Morning, Weather is not the only thing that is unseasonable this week as we found out on Friday that the USDA will not be releasing its Crop Production report this coming Friday. The US government shutdown is entering its third week, with no end in sight. The...
Good Morning, Currently corn is up 2 and soybeans are up 4 on carryover from yesterday’s trade strength. Traders are adding premium to the market due to dryness in parts of Brazil and flooding in northern Argentina. Rain is expected for the dry areas of Brazil over...
Good Morning, Corn is up 1-2 this morning as traders continue to look for direction from the other markets as trade awaits any positive news from the demand side. The USDA’s chief economist said they will decide tomorrow if they will delay the crop reports scheduled...
Good Morning, Ag futures prices are trading lower as traders look to put an end to what has been to say the least a very tumultuous 2018. Grain markets are closed New Year’s Day. March corn continues to hang around the $3.75 price level. After a difficult second half...
