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MARKET COMMENTARY

5-19-14 AM Comments

Monday, May 19, 2014, 7:05 AM
Submitted by: Jon Setterdahl


Good Monday morning!  Looks like the trend from last week will continue, at least for the start of today.  Long story short….weather is pretty good and planting progress is on average pace, which provides the bulls nothing on potential supply situation.  Both 6-10 and 8-14 day forecasts show good growing conditions.  At trade pause this morning, corn was down 3 and beans were mixed.  That would be the call when trade resumes at 8:30.

 

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