Thursday January 21, 2021

Markets coming back slightly on the overnights up off their lows hit last night China’s Ag ministry approved two new GMO corn varieties for importation as feed demand rises as pork production grows to 88% of pre-African Swine Fever levels After beneficial rains this past weekend Argentina has turned back to hot and dry for […]
Read more

Tuesday January 19, 2021

Beans releasing some gains this morning after the extended weekend  Rains in Argentina are not too late to benefit the crop this week – sparking the down slide for beans with a wetter weather pattern now on the forecast for the near term  Wheat continues to feel support from the Russian tax increase  Ukraine now […]
Read more

Friday January 15, 2021

Beans and corn finding some selling this morning after another incredible week for both Wheat saw some strength on the overnight as Russia decided to go forward with the increased export tariff but that strength has faded through the morning  NOPA crush numbers came in yesterday for December at 185.2 million bu – only slightly […]
Read more

Thursday January 14, 2021

Mostly higher this morning with corn just sitting around unchanged  Milked just about all the gains we could have from the USDA reminder of the tight stocks in the U.S. as the market begins to turn to the next story Watching late Jan – early Feb South American weather  Waiting on Russia’s decision on increasing the […]
Read more

Wednesday January 13, 2021

First time in my career I got to experience a limit up day and I hope not the last Very positive reaction to the USDA yesterday after the report came in nearly right on expectations  Seeing a more subdued day today with a little profit taking and buyers catching their breath Corn  We saw a […]
Read more

Monday January 1, 2021

Markets opening lower this morning as we head into the January USDA report tomorrow USDA will be out tomorrow at noon with final production numbers for 2020 crop season Expecting to see tight carryout numbers  Argentine government lifted restriction on corn exports that had been put on December 30 Mexico – who was the number […]
Read more

Friday January 8, 2021

Mixed open this morning Markets awaiting a USDA that will hopefully confirm good reason for this rally – expected to see a further tightening of ending stocks for both corn and soybeans  Flash sale to China of American soybeans reported this morning – first flash sale knowingly to China (not “unknown) since November 6 and the […]
Read more

Stay Up to Date

Subscribe to our daily Market News to get a quick and comprehensive review of the market events of the day.