Paul Georgy

Articles By Paul Georgy

Dec 09, 2019

China Waives More Tariffs on U.S. Pork & Soybeans

Good Morning from Allendale, Inc. with the early morning commentary for December 9, 2019. Grain markets pushed higher, led by soybean futures being propped up with China waiving import tariffs on some U.S. soybean and pork shipments. Corn futures found strength on continued harvest delays. Trade will be focused on
Dec 06, 2019

Traders Look to USDA as Week Ends

Good Morning from Allendale, Inc. with the early morning commentary for December 6, 2019. Grain markets were mixed again this overnight as traders mull estimates for next Tuesday's USDA report as the week comes to a close. Trade headlines have been mostly supportive in recent sessions giving bulls hope a
Dec 05, 2019

Despite Progress, The Big Trade Deal Remains Elusive

Good Morning from Allendale, Inc. with the early morning commentary for December 5, 2019. Grain markets were mixed overnight as traders weigh the latest estimates for next week's USDA report, South American weather, trade headlines, and this morning's export sales report. Weekly export sales will be released this morning at
Dec 04, 2019

Phase One Deal Losing Optimism

Good Morning from Allendale, Inc. with the early morning commentary for December 4, 2019. Grain markets are mixed as traders deal with weather concerns across the globe, add that to constrained enthusiasm for a trade deal between the US and China over a new deal that may or may not
Dec 03, 2019

U.S. Trade Tensions Continue

Good Morning from Allendale, Inc. with the early morning commentary for December 3, 2019. Grain markets are mixed overnight with corn futures were supported by technical buying and some fund short covering. Soybeans are watching South American weather and trade conflicts with China, Brazil, and Argentina. Wheat futures are trying
Dec 02, 2019

Fund Short Covering Fuels Rebound in Grain Markets

Good Morning from Allendale, Inc. with the early morning commentary for December 2, 2019. Grain markets rose with corn and wheat futures higher on technical buying, improved export demand and signs of snowfall in the Northern Plains and Midwest this week expecting to slow late harvest efforts. Gains are capped
Nov 29, 2019

Shortened Session as Month Ends

Good Morning from Allendale, Inc. with the early morning commentary for November 29, 2019. Grain markets look to an old fashioned 8:30 AM CST open after being closed for the Thanksgiving holiday. We hope everyone enjoyed time with family and friends! Grains will have an early 12:05 close today, while
Nov 27, 2019

Strong South American Exports Pressure U.S. Grain Prices

Good Morning from Allendale, Inc. with the early morning commentary for November 27, 2019. Grain markets are mixed after soybean futures pressured on a mix of technical selling and export competition from South America. Corn and wheat futures also declined after rallying a day earlier. Traders will continue to monitor
Nov 26, 2019

Grain Markets Find Support on Trade Optimism

Good Morning from Allendale, Inc. with the early morning commentary for November 26, 2019. Grain markets are mixed on potentially tighter world supplies as weather concerns continue to affect U.S. harvest and South American planting. Analysts also noted weather issues, including dry conditions in Russia and excessive moisture elsewhere. USDA