Monthly Archives: April 2017

Weather the Big Story

Good morning. Markets are little changed as we begin the final trading day of the week and month. The Dollar is weaker this morning and crude oil is modestly higher. This is first notice day – there were heavier than expected corn and soybean deliveries at 1100 and 1015 contracts respectively. This has pushed CK/CN to -8. SK/SN is still trading near -11 ½. Chicago wheat contracts delivered totaled 447. Heavy rains (and snow) are still expected across the middle

Wet and Cool Weather Ahead

Good  morning. Grains and soybeans are little changed this morning. Corn did attempt to rally during the night hours but has fallen back to unchanged as the 7:45 AM market pause approaches. The Dollar is firmer this morning while crude oil is modestly lower. Chinese markets were mixed today while Malaysian palm oil futures rose. Midwest weather still looks wet and cool over the upcoming two weeks with heavy rain totals still forecast for Illinois and Missouri. The