May 26, 2023

Corn and soybeans completed a double-digit push higher and head into the holiday weekend with a strong tone.  Both finished the day with gains ranging from 13-18 cents.  Trade this week was mostly about funds positioning themselves closer to neutral after flipping short last week.  Weather forecasts continue to show a dry bias going into June and this is likely the beginning of some weather-related risk premium being priced into grains.  If you're wanting the market to rally, weather is really the only bullish wild card that the market can play.  If there is a certain price level you are working for, we strongly encourage you to have sell orders working.

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May 10, 2024
The USDA gave trade a report that was friendly for corn to work with.  Despite a higher finish, the report was quite negative for soybeans with the USDA plugging in a 445 mln bu carryout for the 2024/25 crop year.  What...
May 09, 2024
Markets were steady-higher through the overnight session until the East coast crowd came online at 8 a.m. their time. Corn and soybeans quickly flipped to the red and headed into the coffee break lower where they...
May 08, 2024
Corn and soybeans were lower on Wednesday with corn down 5-8 cents and soybeans giving back 12-19.  The previous 5 days gave our futures a rally we have been waiting for since late February and pull-backs like these...