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MARKET COMMENTARY

Morning Comments October 5, 2018

Friday, October 5, 2018, 8:10 AM
Submitted by: Landus Cooperative


Opening calls:

Corn: penny higher

Beans:  2 cents lower

 

Good morning!

 

Grains trading higher this morning as harvest delays continue into the last half of next week.  The rains are estimated to cause delays to about 40% of the corn and bean crop areas.  The weekly export report showed corn exports within expectations, with Mexico and Canada being the main purchasers of US corn.  Fresh news is limited this morning as we end the week with a little harvest progress being made in the corn belt in between rains.

 

Later today, Landus Cooperative will launch the first episode of a weekly podcast featuring the Bull Bear Banter, a discussion on the previous 5 days of futures-related news. To download the podcast go to www.landuscooperativeexperience.podbean.com or search “Landus Cooperative Experience” under your Apple or Android podcast store!

 

Reminder:  Our new customer portal has launched!  If you don’t have it set up yet, give it a try.  The new portal allows you to see contracts and settlements for all our business units (grain, feed, and agronomy) all in one place.  The login info can be found on your statement.  Here is the link:  https://portal.landuscooperative.com/LandusCooperativeCustomerPortal

 

Have a great weekend!

 

 

 

 

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