Morning Comments June 19, 2018
Tuesday, June 19, 2018, 8:06 AM
Submitted by: Landus Cooperative
Corn down 6-7
Beans down 20-22
Wheat down 9-11
Markets are down because of improvement in crop ratings and additional trade tariffs on China if they don’t back down.
Cooler weather over the Midwest is also weighing on the markets.
Dow is down over 330 points and Dollar index is higher. U.S. Dollar index is at a 1 year high on inflationary. This is coming from fears of a trade war.
Crude oil is also down over $1.00.