AM Comments 06/07/16

Tuesday, June 7, 2016, 1:06 PM
Submitted by: Dustin Weiner

Our markets were mixed last night with corn trading mostly weaker while soybeans spent time on both sides of yesterday’s close. The crop condition report yesterday showed good looking crops. This was the initial look at soybean ratings and they came in as the third best ever with the US at 72% rated good-to-excellent.  Corn rating showed an improvement from last week, moving from 72% G/E to 75% G/E and are now rated better than last year at this time. I attached the corn map below.


Overall for today we look for things to start out mixed and take their cues from the outside/macro markets. Crude Oil is pushing higher again, making new highs for the year today which could lend support. The $US looks pretty flat and has been flat after the big losses on Friday after the negative unemployment report. This drop in the $US late on Friday could have something to do with why our markets were so firm yesterday…


Opening Calls

Corn steady to 2 cents lower

Soybeans 4 to 8 cents higher


Have a great day!





Dustin Weiner
2321 N. Loop Drive, Ste. 220 Ames IA 50010-8218
O: 515-817-2144 | C: 515-460-3228

This email is intended for the use of the person to whom it is addressed and may contain information that is privileged and confidential, the disclosure of which is governed by applicable law. Dissemination, distribution or copying of this information in an unauthorized manner is strictly prohibited. Sender accepts no liability for any damage caused by any virus transmitted by this email. If you receive this email in error, please notify the sender.



« Back

© 2019 Landus Cooperative, All rights reserved.
Landus Cooperative
2321 North Loop Dr., STE 220
Ames, IA 50010
Find Landus Cooperative on
facebook icon twitter icon youtube icon blog icon