Morning Market Insight

September 6, 2018
Travis Antonsen
Producer Marketing Manager
 
Agtegra’s Innovation Fieldfest is today at 11:30 am at the plots north of the Bath facility!  Its more than just a plot tour…..come check out sessions on ag technology and agronomic challenges!


 
CORN:  As of 7:45 – Down 1
The remnants of Tropical Storm Gordon are delivering large sums of rain across much of the eastern corn belt.  Once this system moves out, a dryer pattern looks to bring some drying and an opportunity for corn harvest to progress next week.  Will these harvest delays last long enough to cause any concern for corn supply into the export channel?  We did see an export sale announcement to Mexico yesterday……and Canada is in town (DC) to discuss trade deals.
 

SOYBEANS: As of 7:45 – Up 2
Early estimates being submitted by privates prior to the Sept USDA report (Sept 12th) are showing higher yields than the USDA reported in August.  The big question…….when will China need US soybeans…..
 
WHEAT:  As of 7:45 – Mpls Down 3, KC Down 5
Dryness in Australia is garnering headlines, however it is not providing much support for our prices as we continue to slide lower.  Sounds like HRW seedings will be up 10% across much of the southern plains as moisture profiles are suitable for seeding and plant emergence.  Stats Canada released their numbers this morning and showed just a little smaller wheat stocks number than expected.

Past Morning Market Insights

    September 21st Insight
    September 21st Insight
    Sep 21, 2018 | Agtegra
    Click to hear from our Grain Marketing Specialist and get updated with the latest Morning Market Insight
    September 20th Insight
    September 20th Insight
    Sep 20, 2018 | Agtegra
    Click to hear from our Grain Marketing Specialist and get updated with the latest Morning Market Insight
    September 19th Insight
    September 19th Insight
    Sep 19, 2018 | Agtegra
    Click to hear from our Grain Marketing Specialist and get updated with the latest Morning Market Insight
    September 18th Insight
    September 18th Insight
    Sep 18, 2018 | Agtegra
    Click to hear from our Grain Marketing Specialist and get updated with the latest Morning Market Insight
    September 17th Insight
    September 17th Insight
    Sep 17, 2018 | Agtegra
    Click to hear from our Grain Marketing Specialist and get updated with the latest Morning Market Insight
    September 14th Insight
    September 14th Insight
    Sep 14, 2018 | Agtegra
    Click to hear from our Grain Marketing Specialist and get updated with the latest Morning Market Insight

Subscribe to Receive Morning Market Insight Email