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MARKET COMMENTARY

Morning Comments December 12, 2018

Wednesday, December 12, 2018, 2:12 PM
Submitted by: Landus Cooperative


Opening calls:

Corn 1-2 higher

Beans 6-7 higher

 

Grains are higher over-night on rumors of China buying beans from the U.S.

 

With this also comes talks of when/if and how much the 2nd payment to farmers will be. It was supposed to be announced last week and keeps getting delayed.

 

Yesterday the 2018 Farm Bill was approved by the Senate, and now moves onto the House.

 

December WASDE report was out yesterday and no major changes. Everything was within trade estimates.

 

Landus Cooperative invites members to RSVP for the annual meeting Tuesday, December 18, 2018 to hear from USDA trade counsel, Jason Hafemeister. For more details click here.

 

Have a good day!

 

 

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Ames, IA 50010
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