Morning Comments June 26, 2019

Landus Flag On Equipment 2016

Opening Calls

Corn: Down 3-4

Soybeans: Down 3-4

Even with the crop conditions not positive, markets are backing off because the of lack of new news. The debate has started between crop loss and demand. Which side will win?

Friday, the Acreage and Stocks report will be out at 11 a.m. and trade will try to figure out what the USDA will come out with for numbers.

The 7-10 day forecast calls for warm dry weather across the Midwest.

Rumors are that China will be stopping all meat imports from Canada in the near future. Traders are also waiting to hear if anything will come out of the G20 with President Trump and President Xi Jinping.