Good Morning, Friday and the markets look like they could be headed lower to finish the week. China reported an outbreak of African swine fever in the southern province of Guangdong – the country’s first reported cases of the deadly disease in...
Good Morning, Well maybe not in the grains or the temperatures. Corn is currently down 8 and soybeans are down 24. We have been long overdue for a correction and it appears to be here. While I don’t believe we set back dramatically, I could see another 10-15...
Good Morning, Markets are softer this morning after the 3 day weekend. Corn is down 4 and soybeans are down 24. Soybean prices dropped overnight, with concern over an increased out break of Covid in the Hebei province in China. The densely populated area around...
Good Morning, For the first day this week the markets appear to be headed lower. Corn is down 3 and soybeans are down 12 to start the day. With a 3 day weekend on the horizon and funds holding a record long position we should expect some profit taking. The US...
Good Morning, Markets are mixed this am with old corn up 7, new corn down 5 and soybeans down 10. Yesterdays report was a shock to most, but when you look deeper into the numbers the corn market is about 50-60 cents too high given the final stocks...
