AM Comments 03/09/16
Wednesday, March 9, 2016, 7:03 AM
Submitted by: Dustin Weiner
Our markets were mixed overnight with beans trying to trade a touch firmer while corn was a penny or so weaker. A mixed trade isn’t surprising as the market preps for today’s monthly Supply and Demand report out at 11am. Other news is once again limited, the equity markets are called higher and the weather story today has a bit of a friendly tone with heavy rains still forecasted for the Delta. This morning we will likely open a shade lower but as funds attempt to even up their positions ahead of the report we could easily see a two-sided trade.
Corn 1c lower
Have a great day!