Monthly Archives: May 2017

Turnaround Wednesday

Good morning. Turnaround Wednesday. Markets overnight recovered some of yesterday’s rather surprising losses with corn the leader as yesterday’s crop condition ratings were not as good as expected. 65% of the U.S.  corn crop was rated as good or excellent which was 3 to 5% less than expected. Just 52% of Illinois’s corn and 43% of Indiana’s corn is in good or excellent shape. An estimated 67% of the U.S. soybean crop is planted which is right at


Crop Conditions Report Out This Afternoon

Good morning. Hope you had a good weekend. Grains are lower and soybeans little changed as we begin the week. The Dollar is slightly weaker and crude oil is lower. Chinese markets were closed today  - Malaysian palm oil futures were lower. Weather was a mixed bag over the weekend with parts of eastern and northern Illinois and Indiana hard hit by heavy rain and hail Friday evening while central Illinois and points west made good progress planting