By: Dan Hueber – At least it did not come as a surprise. Unlike the boost in corn yield by the USDA last week, the announcement that the White House is moving ahead with tariffs on an additional $200 billion of Chinese goods have been greeted with a somewhat muted…
Commentary
Afternoon Grain Market Recap
By: Jeff Kaprelian – Grains finished lower amid trade fears. President Trump is due to speak this afternoon on China. Earlier statements from Larry Kudlow at the Economic Club of New York gave the market some fear from his statement the President has “not been satisfied” with the trade talks….
Commitments of Traders Analysis
By: Jeff Kaprelian – Corn Commercials and funds were nearly even with commercials ending as slight net buyers on an increase in open interest. They added 17,385 new longs and 15,811 new shorts. Funds reduced on both sides of the market as they sold out of 12,716 longs and bought…
Free Commentary
By: Dan Hueber- It is Monday morning and the sun is shining across much of the Midwest (Sorry Carolina’s) and combines are rolling. That can only mean one thing; markets have the harvest blues. Realistically the pressure is not too significant in either corn or beans as we remain within…