Markets in general have built more walls of worry this week over U.S. corporate earnings, emerging market concerns and slower growth in China. The bearish beat goes on.
General Comments Markets were slightly higher most of the night session on light trading volume, but they faded some at the 7:45 close and opened steady to lower at 8:30. Financial markets were in trouble again early this morning with Dow and S&P sharply lower early in the session. The Dow was down more than 200 at one point with the S&P down almost 20. The S&P actually made it all the way back and traded slightly higher before slumping again in the last hour of trading. USDA did announce the sale of 110,000 MT of corn to Spain this morning. That coun...
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...