General Comments Overnight trade in grains and the soy complex saw prices chop around without much direction. Trading volume was moderate but well below the levels earlier this week. The market's indecisiveness carried over to the day session as prices for almost every contract on the board traded above and below yesterday's closes. That said, the grains spent more time showing red numbers even though the corn market managed finally to close slightly higher. Soybeans spent most of the session in positive territory, but it faded late in the session and closed mostly a few cents lower.This pattern of indecisiveness is fed by a less than firm weather outlook and inconsistencies between the two principal weather models over potential rainf...
Accountability and a comprehensive approach to export programming
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What You Need to Know Today: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Key Takeaways: Argentina is on pace for a record corn crop and record exports in the current marketing year, with abundant supplies likely to keep the country highly competitive in global export markets. Argentina’s record exportable surplus is allowing it to offer highly competitive pri...