April 25th, 2019 Commentary by Ashton

Good morning! Corn continued its trek lower with fresh contract lows overnight. It gapped lower from yesterday’s close. Beans were two-sided overnight, but favored the higher side. Above normal rainfall forecast for the Corn Belt for the next 15 days. No fresh news. Have a great day!

Spreads:
Corn: K/N 9 ¼ carry.
Soybeans: K/N 13 ½ carry.

April 23rd, 2019 Commentary by Ashton

Good morning! Corn set new contract lows overnight and was mostly lower with no one panicking about planting yet. Last year, corn planting was 5% complete by this date and bean planting was 2% complete- currently, corn planting is 6% complete while beans are at 1% complete. Beans traded both sides overnight but were near even at the break. Have a great day!

Spreads:
Corn: K/N 8 ¾ carry.
Soybeans: K/N 13 ¾ carry.

April 22nd, 2019 Commentary by Ashton

Good morning! After a steady to higher start last night, prices have turned negative across the board this morning. Latest 6-15 day forecast calls for cooler, wetter conditions in the north central US, but there was fieldwork done in parts of the Midwest over the weekend. The US and Japan are beginning trade talks. Nothing new from China. Have a great day!

Spreads:
Corn: K/N 8 ½ carry.
Soybeans: K/N 13 ½ carry.

April 18th, 2019 Commentary by Ashton

Good morning! Two-sided, mostly higher trade in corn and beans. More trade talks are reportedly scheduled in China the week of April 29, then in Washington the week after. They are now hoping for a deal by the end of May, but certainly no guarantee on that. No markets after today’s close until Sunday night, when weather will be the focus. Choppy day for corn and beans expected today.

Please note- Due to no markets on Friday, the grain staff will be out of office. Have a great weekend and a Happy Easter!

Spreads:
Corn: K/N 8 ½ carry.
Soybeans: K/N 13 ¾ carry.

3 equipment tips to get the most out of a short planting season

Planting Equipment Tips

By Mimi Falkman, senior marketing specialist, CHS Lubricants

Planting season is always a busy time of year on the farm, but it can be especially tight when winter overstays its welcome. A short spring means there’s even less time than usual for farmers to complete some of the most important work of the year.

During a condensed planting season, equipment is under added stress because it needs to work overtime to meet demands. To keep machines protected and operating at peak performance during a shorter spring, farmers can set themselves up for success by preparing their equipment and fluids while the fields are still wet.

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April 17th, 2019 Commentary by Ashton

Good morning! Two-sided overnight trade in corn and beans. Nothing on Chinese trade talks. Forecasts for the western Corn Belt look a little drier for this week and the 6-10 is drier for the north central US. Wetter weather returns to the north in the 11-15 day period. Have a great day!

Please note- markets will be closed this Friday in observance of Good Friday. Due to no markets, the grain staff will be out of office.

Spreads:
Corn: K/N 8 ¾ carry.
Soybeans: K/N 13 ½ carry.

April 16th, 2019 Commentary by Ashton

Good morning! Mostly lower overnight trade across the board with corn gapping slightly lower from yesterday’s close. Two-sided trade was noted everywhere else. US weather forecasts call for 3 more storms in the next couple of weeks over the Midwest, adding concerns about planting, but it’s still early. Rain will benefit wheat in the Plains. Have a great day!

Please note- markets will be closed this Friday in observance of Good Friday. Due to no markets, the grain staff will be out of office.

Spreads:
Corn: K/N 8 ½ carry.
Soybeans: K/N 13 ½ carry.

April 15th, 2019 Commentary by Ashton

Good morning! Corn and soybeans futures are higher this morning while wheat markets are mostly lower. The Midwest is trying to stay dry this week, and catch up on field work/planting. Very wet up in northern states. Rain in forecast for late week. This Friday is Good Friday, no markets. Have a great day!

Spreads:
Corn: K/N 8 ¾ carry.
Soybeans: K/N 13 ½ carry.

April 12th, 2019 Commentary by Ashton

TGIF! Corn and beans traded both sides overnight and were even into the break. Seeing some quick ship basis pushes after the huge snowstorm hit the Midwest and snarled traffic. Trade talks with China are reportedly going well, but nothing final yet. The devil will be in the details. Have a great weekend!

Spreads:
Corn: K/N 8 ½ carry.
Soybeans: K/N 13 ¼ carry.

© 2019 CHS Inc.