January 3rd, 2018 Commentary by Ashton

Good morning! Corn and wheat markets are higher while soybeans are mixed in early trade. Chinese trade deal appears to be moving in the right direction. Keep an eye on SA weather. Rains are being reported in Brazil.

Spreads:
Corn: H/K 7 ¾ carry.
Soybeans: F/H 12 ½ carry.

Afternoon Update:
Corn was extremely quiet today, but found late buyers. Beans also saw buyers show up late to close near the day’s high. *** On Friday 1/3 beginning at 12pm we will be loading beans from Southport, if you have any interest in dumping here please let us know. thanks!

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