MarketEdge PM Comments

Jul 28, 2023

(Taylor Bensenberg)
Good afternoon, 
The market closed in the red to end the week. September corn closed down 12 ¼ at 5.21 and December corn closed down 12 at 5.3025. August beans closed down 45 ¼ at 14.875 and November beans closed down 15 ½ at 13.8250.
  • Weather looks to be favorable well into the first half of August 
  • Lots of volatility this week from the Russia/Ukraine Black Sea headlines
  • Today it was said that Moscow shot down a Ukranian missile over Russian City and an explosion was reported to have hit an oil refinery 
  • We have seen flash sales of new crop beans the past three days which is a good sign 
  • Make sure you are up to date on your bean contracts, anything delivered late will be discounted.
Have a great weekend!

Read More News

Jul 31, 2023
​Good Morning.  Corn and soybean futures were sharply lower overnight. 
Jul 28, 2023
​Good Morning.  Corn and soybean futures were lower overnight.
Jul 27, 2023
Markets finish mostly lower after the day session,