Corn and beans sales did improve this last week, but the bar was set pretty low since both had recorded new marketing year lows the previous week. In fairness, it was still a holiday-shortened week. At 487,600 MT or 19.2 million bushels, corn sales improved 33% for the week but…
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Wheat, corn, and, to a lesser extent, beans all posted nice recoveries for the close yesterday, and this was after several had stabbed into lower swing lows during the session. It would not be unusual for these markets to have marked a low with such a performance, but seeing the…
Daily Comments
Maybe we could have blamed the discouraging open in the grain and soy markets this week on excessive celebrations on New Year’s Eve and a lingering hangover, but things have never really improved much to speak of since. If we closed right now, March corn would have lost 6-cents for…