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MARKET COMMENTARY

Morning Comments February 20, 2019

Wednesday, February 20, 2019, 2:02 PM
Submitted by: Landus Cooperative


Opening Calls:

Corn steady to slightly higher

Soybeans -4 to -5

 

Good morning!

 

The corn market was higher at the start of early morning trade as President Trump suggested that China was discussing buying heavier amounts of US corn in the future. Trade talks with China are rumored to be going well. On the other hand, the soybean market has took a hit because China is supposedly trying to expand agriculture reforms to help their rural economy - in other words there will be more incentives for their producers to plant domestic beans. The trade is based off rumors and discussion right now….

 

Reminders:

The deadline for enrolling bushels in our averaging contract is fast approaching. Please contact your local GMA or call 877-778-2226 for details.

 

Register today for Ventures, Landus Cooperative’s women in ag conference, March 22-23 in West Des Moines! http://www.landuscooperative.com/news_release/ventures/

 

 

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