Morning Comments February 18, 2019

Agriculture Cereals Corn 1242 Pixels Free To Use

Markets are closed today, 2/18/19, for Presidents’ Day. Trade will resume tonight at 7pm.

 

March corn closed unchanged on Friday at $3.74 ¾. December corn closed unchanged at $3.99 ¼.

March soybeans closed up 4 cents at $9.07 ½, and November beans closed up 4 a $9.52.

 

This week, we’ll be keeping an eye on South American weather and trade talk progress with China. Until something “exciting” happens, traders are unlikely going to do more than keep their cards close to their chest and maintain this fairly sideways market.