March 21st, 2019 Commentary by Ashton

Good morning! Corn traded both sides overnight, but is leaning higher. Beans saw two-sided, slightly higher trade overnight. Pres. Trump said yesterday about tariffs on Chinese goods, “we’re not talking about removing them.” He wants to make sure any deal will be lived up to by China. Enforcement of any deal is a big topic.

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

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