Morning Comments February 18, 2019
Monday, February 18, 2019, 2:02 PM
Submitted by: Landus Cooperative
Markets are closed today, 2/18/19, for Presidents’ Day. Trade will resume tonight at 7pm.
March corn closed unchanged on Friday at $3.74 ¾. December corn closed unchanged at $3.99 ¼.
March soybeans closed up 4 cents at $9.07 ½, and November beans closed up 4 a $9.52.
This week, we’ll be keeping an eye on South American weather and trade talk progress with China. Until something “exciting” happens, traders are likely going to do more than keep their cards close to their chest and maintain this fairly sideways market.