Memorial Day has come and gone, we finally got some decent rain, the crop is all but planted in our area, everything is good, right? It depends on who you talk to.
Last week started with a friendly USDA report for both corn and beans, plus an announcement that the US and China was putting a hold on the proposed high tariffs for 6 months. Those 2 items should hav...
Last week was tough on the grain markets once again. July corn was 19 cents lower while the December contract was 9 cents lower. July beans closed 6 cents lower while the November contract was even.
The funds have a moderate long position, and we have a 30 cent July to September inverse to deal with. That can cause hedgers to lose some hair as they navigate that spread. All you can do if you own ...