Apr 08, 2022

Managed money and funds just don't care about anything market neutral or bearish. The money is here until some uncertainty is removed. The USDA report came in with smaller cuts than trade was expecting but this somehow was received as positive. The biggest surprise was likely the bump up in world corn ending stocks to 305.5 million tonnes from 301.0 in March.

The report was neutral/slightly bearish for corn but trade shrugged it off.
corn.jpgSoybeans received a boost from the report.

Read More News

Apr 19, 2024
A nice pop in the markets to end the week after a sharp rise in geopolitical tensions. Retaliatory strikes between Iran and Israel took place overnight and, unfortunately, corn and soybeans need something like this to fuel a...
Apr 18, 2024
Not much to get excited about today. Corn and soybeans traded higher for a very brief moment before weakness set in. Corn ends the day down 3-5 cents and soybeans lose 12-15 cents. The weekly export sales...
Apr 17, 2024
An uneventful week for corn and soybeans so far.  A large majority of the volatility has been isolated to the soy trade which today saw beans finish 1-5 higher, meal $3 higher, and some small gains in oil.  Corn traded less than...