Markets were mixed in very light volume throughout most of the night session, but the tone gradually changed for several reasons. General Comments Markets were mixed in very light volume throughout most of the night session, but the tone gradually changed to higher and then sharply higher prices. There were three primary reasons for the attitude shift today:
The Ukrainian situation looks worse than ever. The U.S. weather pattern doesn't look good for a more rapid planting pace. There are signs that China might be back in the business of buying soybeans.
Funds were moderate buyers of wheat, corn and soybeans.Commodity markets weren't receiving much help from other markets. U.S. financial markets were sharply lower. Most of the mark...
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...
