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MARKET COMMENTARY

Morning Comments October 20, 2017

Friday, October 20, 2017, 8:10 AM
Submitted by: Landus Cooperative


Opening calls:

Corn trading steady to 1 cent higher

Soybeans trading 3-4 cents higher

 

Good morning!

 

Corn traded lower on the overnight session. December corn seems to be very happy in the $3.50 area. A move above that level may indicate a time to start putting on some sales.

 

Beans traded higher on the overnight session. Even with disappointing export sales released yesterday morning, we still manage to close slightly higher. The slight recovery we have seen in the bean market is being attributed mostly to fund buying.  

 

 

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