Good Morning, Corn and Soybeans are both even this morning. Grain is focusing on a China trade agreement headline coming out, as negotiations are continuing to happen today. Speaker Ryan has set today as the date the new modernized NAFTA agreement must be to him, in...
Good Morning, Corn is currently trading even this morning, trade is currently watching factors including South American weather, Planting Progress Report, as well as NAFTA/China trade negotiation announcements. The big question lately is how delayed planting progress...
Good Morning, Yesterday’s USDA S&D numbers are in the books and did little to move the markets. Corn carryout was increased for both the 2017/18 and the 2018/19 harvest years. Soybeans were reduced in both with 2018/19 coming in well below the trade estimates....
Good Morning, USDA monthly stock report comes out at 11am today. Market is currently trading even, corn is expected to have a reduction in ending stocks due to smaller planted acres. Also watch as Brazil and Argentine crops may show reduction on the global outlook....
Good Morning, Corn and soybeans and wheat are all slightly lower this morning as traders look to remain neutral or remove some longs heading into tomorrow’s USDA S&D report. Estimates are for corn and wheat stocks to increase slightly while soybeans are expected...
Good Morning, Corn is currently up three after yesterday’s planting progress report came in ahead of expectations at 39% completed. This still comes in behind the five year average of 44%. Soybean progress is right on track at 15% as well. Brazil’s second crop will be...