Morning Comments January 9, 2018
Tuesday, January 9, 2018, 8:01 AM
Submitted by: Landus Cooperative
Corn unchanged to up 2
Soybeans down 3 to 4
Yesterday both corn and soybean markets closed down as traders anticipate bearish numbers with USDA’s Supply and Demand report this Friday. We are expecting to see 2017 yield estimates increased and exports decreased. This combined with an improved weather forecast in Argentina and strength in the U.S. dollar resulted in downward pressure on the commodity markets.
Don’t forget about our Start-to-Finish program where you can receive discounts on your corn and agronomy products in exchange for offers on your 2018 crop. The deadline to sign up is this Friday, January 12th. Contact your local GMA or FSA to learn more!