Fccoop

MARKET COMMENTARY

AM Comments 04/06/15

Monday, April 6, 2015, 7:04 AM
Submitted by: Dustin Weiner


The markets were mixed overnight - as I type this, corn is a little higher while beans are hovering around steady.  The bulls are probably pretty happy to walk into work this morning to see that corn/beans/wheat are all holding the gains made last week (so far).  The charts are starting to act like they want to put a bottom in – which would be in stark contrast to the fundamentals that currently show ample grain stocks heading into spring.  This is usually where weather forecasts start to take over, answering questions about whether or not stocks will grow from here… 

 

Opening Calls

Corn 1 to 2 cents higher

Soybeans steady/mixed

 

Have a great day!

 

@fccoopgrain

 

 

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