Morning Comments October 20, 2017
Friday, October 20, 2017, 8:10 AM
Submitted by: Landus Cooperative
Corn trading steady to 1 cent higher
Soybeans trading 3-4 cents higher
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.