Corn
Soybeans started off slightly lower on corrective selling but quickly found buying interest says Randy Martinson of Martinson Ag.
Jerry Gulke, president of the Gulke Group, says many are skeptical, based on past experience, that China will honor the deal to buy the additional soybeans for this marketing year.
Soybeans were lower by 3 to 4 cents on Friday on profit taking heading into the holiday according to Darren Frye with Water Street Solutions but ended higher for the week.
GDM announces a ‘realignment strategy’ for the U.S. to better position its soybean genetics and recent acquisition of AgReliant Genetics.
Scott Varilek with Kooima Kooima Varilek says the cattle futures have been chopping back and forth this week and need to take out last week’s highs on the charts to break out and to new highs.
Mark Schultz with Northstar Commodity says news of a possible China trade truce extension fueled hopes for additional purchases of American agricultural products, including soybeans.
Corn sales and export inspections through the end of January were on pace to get to USDA’s estimate but not strong enough to suggest exports of more than 3.2 billion. But what if demand in importing countries suddenly expands?
Unverferth 60-Series Seed Runner is designed to deliver more operational efficiency for growers pressed for time and labor.
Soybeans gapped higher on the open on Wednesday night on news that China and the U.S. are going to extend the trade truce another year and may cut tariffs says Jim McCormick with AgMarket.Net.
Tommy Grisafi with Nesvick Trading says wheat led the grain markets on short covering Wednesday and pulled corn and soybeans off early lows.