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MARKET COMMENTARY

Morning Comments April 13, 2017

Thursday, April 13, 2017, 7:04 AM
Submitted by: Landus Cooperative


Opening Call

 

Corn up 2 cents

Soybeans up 8 to 10 cents


Good morning!

 

Markets continued their firmer tone in the overnight session. The focus has turned from large ending stock numbers to weather and 2017 production. A little wetter forecast is providing some support especially in the corn market. Soybeans are recovering a bit from the lows with bargain buying going on. There is also some short covering ahead of the 3 day weekend. Export data later this morning will provide some further market direction.

 

Remember, the markets will be closed tomorrow!

 

 

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2321 North Loop Dr., STE 220
Ames, IA 50010
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