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MARKET COMMENTARY

Morning Comments September 20, 2018

Thursday, September 20, 2018, 8:09 AM
Submitted by: Landus Cooperative


Opening Calls:

Corn 1 to 2 Higher

Soybeans 1 to 2 Lower

 

Corn is trading a little higher this morning while beans are trading slightly lower.  U.S. ethanol production came in at 309 million gallons. Ethanol stocks fell slightly.

 

The USDA’s weekly export sales report will be out this morning. Expectation is between 40 and 45 million bushels on the corn side. Trade will be watching the bean side closely to see if there is any sign of sales picking up.

 

The September dollar index is trading lower this morning while the October crude oil contract is trading higher.

 

Remember to download the Landus Cooperative app for harvest hours, bids, and any news releases.

 

Have a safe harvest!

 

 

 

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