Nov 17, 2023

Most commodities continued on a "risk-off" path to end the week. Trade seems unsure about China/U.S. relations and weather forecasts continued to add rain into major growing regions of Brazil. The USDA was quiet at 8 a.m. this morning and made no sale announcements. Overall, Friday was a quiet in terms of fresh news or headlines.

"Escalator up, elevator shaft down" - After breaking lower for 3 days, January soybeans have already retraced 50% of their 24 day rally. Upward trends still remain intact and these pullbacks are necessary to maintain healthy markets.

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Jul 18, 2024
Another day of tough sledding for corn. There was some brief trade to 1 higher but we quickly went backwards into negative territory, closing just above the current contract lows. Soybeans were lower overnight and then...
Jul 17, 2024
It was a fast start to trade overnight with corn making a little surge to trade 3-5 higher and soybeans 7 higher.  Corn was able to hold on to improve 2-3 cents on the day but soybeans swung all the way back to the red side of...
Jul 16, 2024
Soybeans are now priced off of the November futures.  Corn and soybeans enjoyed a day of higher trade and posted modest gains of 2-5 cents.  The weekly crop ratings report was unchanged from the previous week with...