Morning Comments, June 11, 2020

Agronomy Sprayer

Opening Calls

Corn steady to 1 lower

Beans 2-3 lower

June WASDE report will be out at 11 a.m. this morning. Do you have your offers in place? China continues to slowly purchase and take beans from the U.S. while South America fights the Coronavirus.

Ethanol is ramping up production, up over 70,000 barrels per day compared to last week. Crude oil prices are 1 – 2% lower as U.S. inventories rising.

U.S. dollar lower, trying to keep the U.S. competitive in the world market.

We will update you after the WASDE report is out at 11 a.m. this morning. Keep Landus in mind when it comes to helping you with your marketing plan.