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Corn-2, Beans +1 Coronavirus infected 24,000, killed 490 in China who may have found a vaccine. Brazil rains slowing bean harvest. Snow to move across the midwest this afternoon.
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Turn around Tuesday? Corn +3, Beans +6 Possible that China could ask for leniency in reaching terms of Phase 1 trade deal due to Coronavirus. China also dealing with some new cases of bird flu. President Trump to deliver the State of the Union address tonight.
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USDA Flash Sales Announcement 130,000 tons of
#soybeans sold to Egypt for the 19/20 marketing year.Hvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi -
Corn -2, Beans +3/4 Virus concerns continue to weigh on the markets. China now has 17,205 infected and 361 deaths related. Chances of rain/snow moving in mid week after a couple of spring like days.
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USDA Flash Sales Announcement 134,000 tons of corn (optional origin) sold to South Korea for the 19/20 marketing year.
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Corn unchanged, Beans - 1/2 Finding a bottom to end January? Coronavirus infected 10,000/ killed 213 people in China urging the WHO to claim it a global emergency. Spring insurance price discovery begins next week. Forecast warms up over the weekend bringing rain/snow then coldr
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USDA Flash Sales Announcement 30,000 tons of soybean oil sold to Egypt for the 19/20 marketing year.
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Corn -3, Beans -7 Private money still looking for a safe place to wait out the Coronavirus that has infected 8000 and killed 170. Export Sales of corn were strong at 48.6Mln bu, Bean sales a bit low at 17.3 Mln bu for the week. Forecast showing a chance of some rain/snow early NW
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Corn -3, Beans -2 Unknowns on Coronavirus continues to weigh on markets. President Trump to sign USMCA into law today-Canada yet to sign. Forecast showing a weekend warmup followed by chance of rain/snow early next week. South America dry but likely too late to impact bean crop.
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USDA Flash Sales Announcement 124,355 tons of
#corn sold to Mexico for the 19/20 marketing year.Hvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi -
Corn +1 Beans -3 Investment money still on the sidelines and coming out of all markets with the Coronavirus concerns. Forecast mostly dry and normal temps nearby. S. American weather on the dry side coming into maturation of their bean crop.
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Additional Flash Sale Announcement 111,252 tons of corn sold to Japan for the 20/21 marketing year.
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USDA Flash Sales Announcement 142,428 tons of
#corn sold to "unknown" for the 19/20 marketing year.Hvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi -
Corn -6, Beans -11. Chinese on vacation this week for their lunar new year. Coronavirus has spread to 11 countries chasing investment money to safety. Forecast for the next 2 weeks mostly dry with average temps.
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USDA Flash Sales Announcement 142,428 tons of
#corn sold to "unknown" for the 19/20 marketing year.Hvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi -
Corn -3, Beans -2 Lack of follow through on strength in the corn market yesterday. Informa estimated crop acres for the 20 crop at 93.4mln ac for corn and 86.5mln ac for beans.
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Corn sales announced this am have pushed old crop futures slightly above previous resistance.
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USDA Flash Sales Announcement 141,000 tons of
#Corn sold to "unknown" and 114,224 tons sold to Guatemala for the 19/20 marketing year. 29,724 tons of Corn sold to Guatemala for the 20/21 marketing year.Hvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi -
Corn -1, Beans -4. Snow/ Rain moving through the Midwest today and tomorrow. News out of China is the week long lunar new year happening next week coupled with the spread of Coronavirus will likely keep any grain sales out of the picture.
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Early morning market gains eroding gong into the noon hour. Corn +1, Beans -1 Lots of back and forth in the market whether China will in fact buy more ag products or not. Forecast has more rain and snow headed for the midwest Wed-Fri.
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