If I were one of those “half-glass-full” types, I could lead off the comments this morning by saying; Weekly soybean export sales jumped 68% from the previous week. Of course, that would be looking at the numbers through rose-colored glasses, as 207,200 MT or 7.6 million bushels is really nothing…
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Daily Comments
Corn and bean bulls went home with their tails tucked between their legs yesterday, but the deterioration in the weekly corn condition update provided enough incentive to bring them back to the table overnight. While still ranked 64% good/excellent, that was 5% lower than a week ago. Planting has reached…
Daily Comments
Under pinned by dry conditions throughout much of the key growing regions of this country, grain and soy markets finished last week on a solid note and are trying to build in additional weather risk premium this morning. In my estimation, at least, weather markets are the most difficult to…
Daily Comments
The only net negative recorded on the weekly export sales report was for the current crop year wheat, which is not terribly shocking. In fact, at minus 210,500 MT or -7.73 million bushels, that was a noticeable improvement over last week. Sales for the 2023/24 markets year were actually respectable…