Fccoop

MARKET COMMENTARY

AM Comments 11/12/15

Thursday, November 12, 2015, 7:11 AM
Submitted by: Dustin Weiner


It was a quiet night last night with corn and beans both working a shade lower – pretty much giving yesterday’s gains back.  After Tuesday’s bearish report, it isn’t surprising that rallies will be hard fought and difficult to sustain.  The weekly export sales report that is usually out on Thursday mornings has been delayed until tomorrow due to yesterday’s holiday.  There will however be weekly ethanol production data released later this morning.  With poor blend margins recently, ethanol stocks are expected to remain steady and maybe show slight increases when compared to last week’s report.

 

Other than that – expect a choppy trade and without any new news, rallies should be limited.

 

Opening Calls

Corn down 1 to 2 cents

Soybeans down 4 to 5 cents

 

Have a great day!

 

@fccoopgrain

 

image001.jpg

 

« Back

© 2018 Landus Cooperative, All rights reserved.
Landus Cooperative
2321 North Loop Dr., STE 220
Ames, IA 50010
515-817-2100
Departments
Find Landus Cooperative on
facebook icon twitter icon youtube icon blog icon