STATELINE COOPERATIVE EVENING COMMENTS – February 15, 2019
Corn: Political news focused on keeping the Government open and building the wall, and nothing about China had corn trading both sides today, closing steady. But China talks are scheduled for next week. 205k mt of corn was sold to unknown for this crop year. Wheat market decline weighed heavy on corn.
Soybeans: Traders still struggling with China soybean demand after yesterday’s Export Sales Report. Soybeans closed up 4¢. African Swine Fever continues to make ag related news headlines around the World. Denmark is building their own wall along the German border to keep wild boars from bringing the disease in. The virus continues to spread uncontrolled within China, with more than 23 provinces infected.
MARK YOUR CALENDARS – STATELINE COOP’S WINTER GRAIN MEETING – FEBRUARY 28TH – NORTH KOSSUTH GOLF CLUB – BANCROFT. COFFEE/ROLLS AT 9 AM WITH SPEAKER TROY LUST – FC STONE TO FOLLOW!