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Quotes retrieved on March 19, 2019, 02:51:57 PM CDT



SLC Commentary

StateLine Cooperative Morning Comments 3-19-2019

 

Corn: 

  • Corn higher this morning after trading in a $.02 range.
  • Sideways trade with funds ridiculously short.
  • Talks with China and spring weather will support this market for the time being.
  • Updated 6-10 day forecast still calling for above normal temps and slightly above precip.

Soybeans 

  • Soybeans also higher after trading in a $.06 range.
  • Nothing new on trade talks but still talking.
  • Pressure coming from good South American production.
  • Vietnam has a break with African Swine Fever that is rapidly spreading.
  • Sonny Purdue speaking at the Nation Feed and Grain convention saying talks with China are dynamic and their business could triple from what we exported to them in 2017 in next 5 years.

 

 

 

 

 

 

 



Forecast
Burt, Iowa (50522)
Current Conditions Scattered Clouds
Temperature 45°F
Dew Point 37°F
Pressure 30.23 in. Hg
Humidity 76%
Wind 9 mph
From Southwest


Forecast