Market Commentary

Daily Comments

We have kicked off this new week basically where we left off the last, with the grain markets struggling and beans attempting to extend higher. While still semi-anemic, the bean market appears to be garnering some of its strength due to ongoing weather concerns in South America.  Excessive rains have…

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Daily Comments

While the corn and bean markets appear determined to finish this week on an upbeat, overall, we are looking at losses for the group.  If we wrapped up trade right now, December corn will have lost 14-cents for the week, December Chicago wheat 7-cents, KC 18-cents, and November beans 8-cents. …

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Daily Comments

Excellent export sales for corn and beans last week, with corn coming in above the upper end of trade estimates and beans setting a new marketing year high.  For the week ending the 19th, we sold 1,378,200 MT or 50.6 million bushels of beans.  Of course, there was one buyer…

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Daily Comments

It would appear that we arrived at one of those mornings when there is really very little news of importance to pass along concerning the grain/soy markets, and the apathetic price performance at this point is reflecting such.  With the exception of bean oil and Minneapolis wheat, I see red…

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Daily Comments

While rainfall may slow things down a bit later this week, the 2023 corn and bean harvest is definitely on the downhill slide.  I have heard reports from some areas that later planted crops have not performed as well as the early, but I cannot confirm if that is the…

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