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MARKET COMMENTARY

Morning Comments December 15, 2017

Friday, December 15, 2017, 9:12 AM
Submitted by: Landus Cooperative


Opening calls:

Corn steady to 1 lower

Soybeans mixed

 

Good morning!

 

Corn up slightly on the overnight session after closing slightly lower yesterday. Corn seems to be very happy where it is at, trading in very tight ranges over the last couple of days. Corn funds are still very short for this time of year, and it will be hard weather in Argentina remains favorable and weighing in on soybean prices. Most of Argentina is expected to get 1-4 inches of rain.

 

Soybeans were trading higher on the overnight session. They have lost a substantial amount of ground over the last week and a half due to improvements in the South American weather outlook. Trade will continue to monitor this weather very closely.

 

Join Landus Cooperative and local farming women January 5-6 in West Des Moines for our inaugural women in agriculture event, Ventures. We’ll gather to connect ag experts and farming women through conversation, education and decision-making support. Advance your grain marketing skills, arm yourself with a succession planning tool kit, and learn from female farmers who are stepping into management roles on their farms.

 

For full program, speakers and agenda details visit: LandusCooperative.com/about/resources/ventures_agenda/

 

REGISTER ONLINE TODAY!

 

 

 

 

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