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MARKET COMMENTARY

Morning Comments December 18, 2017

Monday, December 18, 2017, 8:12 AM
Submitted by: Landus Cooperative


Opening calls:

Corn steady to +1

Soybeans +1 to 2

 

Good morning!

Corn traded slightly higher on the overnight session after slipping into over sold territory last week. This will add some support to the corn market this week. Corn export sales remain solid and in line with USDA projections, but shipments are well behind for this time of year.

 

Beans also traded higher on the overnight session. The funds have reduced their long positions for soybeans with weather concerns in South America. Very quiet news day so far today. We will likely have thinner than normal trade later this week with lots of traders out for the holiday season. This could add some volatility to the market.

 

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