Tue 2/19
Wed 2/20
Thu 2/21
Fri 2/22
Sat 2/23
High
17 F
24 F
23 F
30 F
28 F
Low
-4 F
13 F
5 F
15 F
22 F
Percip
0%
Good Morning! The grain markets are mixed as we resume trading following the extended holiday weekend. Trade talks resume today in Washington with traders hoping the two sides make additional progress this week. Cold temperatures and more snow expected across the Midwest this week with Des Moines looking to set February snowfall records this year; cash premiums remain firm for nearby corn needs. The weather outlook for Brazil remains favorable as most growing regions received rainfall over the weekend. Additional rainfall is projected in both the 1 to 5 and 6 to 10-day periods. A drier pattern is developing for parts of Argentina although rainfall is expected to return this coming weekend. AgRural reporting Brazilian soy harvest at 36% complete as of Feb14th versus 17% for the same date a year ago and 19% on average. A new round of talks between the United States and China to resolve their trade war will take place in Washington on Tuesday, with follow-up sessions at a higher level later in the week. The higher-level talks will start on Thursday and be led by U.S. Trade Representative Robert Lighthizer. Vice Premier Liu He will visit Washington on Thursday and Friday. China said on Tuesday it had confirmed the first outbreak of African swine fever in the Guangxi Autonomous Region in the country's south. Have a great day! Wayne Kollis - Melissa Peters - Mike Rosenberg - Matt Zeman - Austin Behrendsen
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