Fccoop

MARKET COMMENTARY

Market Commentary October 23, 2018

Tuesday, October 23, 2018, 1:10 PM
Submitted by: Landus Cooperative


Corn steady to 1 lower

Beans 5-6 lower

 

Grains are trading lower because harvest is progressing at a normal pace, even though it is more than 25% behind the 5 year average.

Dow Jones, NASDAQ and S & P 500 are down sharply this morning.  Asian markets fell sharply because of the fears of trade tensions between the US and  China, Saudi Arabia, and Russia.

Better than expected yields are being reported thru the Midwest, which also has the market on defense this morning.

 

If you haven’t already, please subscribe to our weekly podcast, the Bull Bear Banter as part of our Landus Cooperative Experience podcast series.  You can listen to it here: www.landuscooperativeexperience.podbean.com

 

Also, for our customers, if you have not already, please register to view your account on our customer portal. Today, we’ll add a new feature for grain settlements and payments. AND, if you have our app, the “favorite location” feature is coming back!  Download the app on the Apple or Google playstores.

 

 

« Back

© 2018 Landus Cooperative, All rights reserved.
Landus Cooperative
2321 North Loop Dr., STE 220
Ames, IA 50010
515-817-2100
Departments
Find Landus Cooperative on
facebook icon twitter icon youtube icon blog icon