Good Morning, Yesterday’s rally in corn and soybeans was a pleasant surprise fueled by rumors that Argentina may increase its export tax to 33%.(up from 25%) Rumors that China bought up to 15 cargos of Argentine beans that are a replacement of soybeans they sold to...
Good Morning, We are seeing a slight rebound in the markets this am with corn up 1 and soybeans up 6. Profit taking is the only reason for the market uptick this am as reports of good yields and more tariff news. China announced another round of retaliatory tariffs of...
Good Morning, The markets are trading mixed to start the week as traders prepare for a new round of tariffs from President Trump on China. This also weighing on the outside markets with China saying it’s ready to respond. November soybeans are lower as well with...
Good Morning, Corn and soybeans are currently trading even this morning. World trade watches, as no major events have happened in trade negotiations to make stability for supply and demand. Beyond that-the U.S. is having a great start to harvest with this dry stretch...
Good Morning Yesterday’s WASDE report was a shocker to say the least. Expectations for corn yield were in the 177.4 bpa range compared to 178.4 in August. But favorable weather and record ears and ear weights drove the forecast to 181.3 bpa. This would eclipse the...
Good Morning, Softer markets prior to the release of today’s USDA Crop Production and S&D report. Corn is currently down 1 and soybeans are down 4. The report will be released at 11am today. Estimates listed below and will be updated with today’s numbers after...
