Grain and Oilseed Reports

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Morning Comment

A quiet session on Friday with Soybeans up +2.25 cents, Corn ticking up, Wheat down -3.25 cents in Chicago, -2.25 cents in Kansas and -1 cent in Minneapolis (premium ended to 196 cents to Chicago and 189.25 cents to Kansas).

Morning Comment

It really seems like market cannot really care about the weather: there’s a so called ‘bomb cyclone’ and East Coast airports are closing, shark are dying frozen, even in Florida, iguanas are falling frozen from trees (in full hibernation mode), but Wheat, Corn and Soybeans markets aren’t panicking just yet, and with a such short on board, this is quite interesting.

Morning Comment

When it is too cold, it is bad (winterkill risk in the us), when it is too mild it is also bad (Black Sea temperatures could take wheat out of dormancy, reduce the snow layer and expose it to winter kill). The never ending story…

Morning Comment

Kind of scary to switch on the screen after 10 days of blackout! But one has to have priorities… Happy New Year 2018!