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MARKET COMMENTARY

Morning Comments January 23, 2018

Tuesday, January 23, 2018, 9:01 AM
Submitted by: Landus Cooperative


Current markets:

Corn Steady to 1 lower

Beans steady to 1 lower

 

Yesterday, the march corn contract closed ½ cent lower closing at $3.52. The December contract closed unchanged at $3.85 ¾. U.S. corn exports came in below trade expectations yesterday at 26.3 million bushels. The March bean contract closed up 7 yesterday at $9.84 ¼. The November bean contract closed up 4 ½ cents higher yesterday. U.S. bean exports came in at 52.2 million bushels which was higher than trade expectations. Weekly ethanol inventory report comes out tomorrow.

 

January 26, 2018 is the deadline for eligible high school seniors to apply for a $2000 scholarship opportunity through Landus Cooperative. 

 

Reminder Innovator Meetings:

This week: Today at Thompson; Wednesday at Greene and Thursday at Parkersburg. 

Registration begins at 3:15pm with the meeting starting at 3:45pm. 

Hear updates from our grain, agronomy, and precision teams. 

 

 

 

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2321 North Loop Dr., STE 220
Ames, IA 50010
515-817-2100
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