The next USDA report is Crop Production/Grain Stocks: TBA.
Market Comments for January 17, 2019
Soybeans led the way today; making double digit gains late in the trading session. Both corn and beans were higher on the hopes that we will see purchases from China soon; with trade talks scheduled to continue at the end of the month. S. American weather is continuing to aid prices with 15-20% of Brazil’s growing areas seeing adverse dryness and more than half of Argentina’s grain belt receiving abnormally wet weather. Wheat saw another bounce as exports are expected to strengthen in the coming months as Black Sea supplies tightens.
COMMODITY PRICE UPDATES EVERY WEEKDAY
Listen to WBGU, 88.1 FM, Monday - Friday mornings at 7:55 a.m. Scott Alexander, Mid-Wood Market Specialist, gives commodity price updates every weekday.
Give Scott a call at 419-353-6608 for more details on current grain marketing alternatives, or to schedule a farm visit.
Online Offer Center
You can now submit offers for grain sales 24 hours a day by using our Online Offer Center.