Soybean bulls are talking about the same thing as corn bulls… a large winter storm forecast to hit the North and an extremely late-maturing U.S. crop. The USDA reported just 14% of the corp has been “harvested” vs. 34% on average. Iowa 5% harvested vs. 26% on average; Illinois Read More
Corn Slightly Lower on Tuesday
Corn futures are steady to 2 cents lower at midday. Earlier on
Tuesday, FSA updated their crop acreage data as of August 22, adding 821,000
acres to the certified corn acres. The also added another 184,000 acres to the
prevent plant total, now at 11.395 million acres. The Read More
Corn Lower, USDA Shows Slower Than Expected Planting
Corn futures ended Monday with fractional to 2 3/4 cent losses in
the front months and gains in deferred contracts. After the close, NASS
indicated that just 67% of the US corn crop was planted as of Sunday, moving 9%
from last week. That was Read More
morning. Our corn rally is back in progress this morning, after taking
a brief respite yesterday afternoon. It’s always more fun to see the market go
straight up without any pause, but that’s not going to happen in May with a
fund short of over 1.4 billion bushels. The funds have been Read More
From Van Trump today:
Soybeans struggle to find continued upside momentum.
There’s very little fresh or new to report in regards to beans. Chinese demand
remains in question, not only because of the current trade conflict, but also
because the ongoing spread of African Swine Fever and the negative hog margins.
Bullish Chinese soybean Read More
Shows extreme drought in major cotton growing areas in Texas and click read more to see other areas of the country.