Thursday June 17, 2021

Scattered rains that have been on the forecast have started to hit the Midwest with more coverage expected to continue through the next 48-72 hours  Soyoil say a limit down day yesterday as rumors surface that the Biden Administrations policies are not as friendly as the trade had expected to renewables  With soy-oil being at all […]
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Wednesday June 16, 2021

Seeing a bit of a turn around this morning after a tough first half of the week – corn leading the charge higher this morning  Rain is on the horizon this weekend in the U.S. but the crop must endure another 2 days of heat before the relief Spot corn sale to China this morning […]
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Tuesday June 15, 2021

Despite seeing a decline in crop conditions this week markets continue to struggle against improving weather forecasts So long as cooler wetter weather is on tap for the next 10 days the corn and soybean markets feel relief that they will get the moisture they need in time before irreversible damage to the crops Weekly […]
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Monday June 14, 2021

A shift in the forecast is a shift in the markets  Markets off to an ugly start to the week with a dramatic turn lower in the overnights as the forecasts for the next 10 days turned cooler and slightly weather – and if we can go up on a dry forecast we can go down […]
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Friday June 11, 2021

USDA report here and gone and back to trading weather with some rains across North Dakota taking some premiums out of prices this morning Soybean market breathed a sigh of relief yesterday with increase in U.S. carryout as well as South American supply  U.S. carryout for 2020/21 year was raised yesterday as the USDA lowered […]
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Wednesday June 9, 2021

What is a sure way to put the breaks on a drought rally? A rain  Scattered rains in the North West corn belt provide some relief however the majority of the belt remaining dry  Forecasts remain the same through June, dry and hot This dip in the market is a perfect reminder that no matter […]
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Tuesday June 8, 2021

Crop conditions ratings in the U.S. falling this week as a result of the widespread hot dry weather – further declines expected as long as conditions remain Markets sitting off yesterdays highs, we will see today if the declining conditions are enough to challenge previous highs made on Sunday overnights Weekly Crop Condition and planting […]
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