Up until today, the majority of the bullish action had been reserved for the bean market this week, but it would appear that corn and wheat have now decided to join in the festivities. Granted, in the composite, we have still not really gone anywhere. Still, the overall action should…
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Markets anticipated lackluster export sales for last week and were certainly not disappointed, and I do not mean that is a good way. For the week ending May 19th, corn sales of the current marketing year set another marketing year low at 151,600 MT or 5.97 million bushels. This was…
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After beginning the week with a positive step forward, grain and soy markets appear to have lost their enthusiasm once again. By no means have we collapsed, but with the confirmation of good planting progress at home, a lack of substantial new export business, and reports from Ukraine that planted…
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For a Monday morning, we have a surprisingly sparse lineup for news. Snow in Colorado over the weekend and record heat in the northeast are the most significant weather features. For the Great Plains, the Midwest, and the southeast, the morning weather runs call for a continued “active” weather, so planting…