Good morning. An overnight rally in the soy complex has backed off a bit into the morning hours, with prices still in the green but well off their highs made the first few hours last night. The grain markets, meanwhile, are near unchanged and have seen smaller ranges and light volume as traders continue to wait for today’s report. We covered it fairly in depth yesterday afternoon but will reiterate that today’s numbers affect a

Good morning. Overnight ag trade has been quietly mixed for the most part to start Thursday, with most of the commodity market focus this morning seemingly on the outside markets amid what continues to be wait-and-see type action at the CBOT ahead of tomorrow’s monthly supply and demand update. Outside of China, El Niño, and the ongoing geopolitical situations, it’s been crop quality this week that has garnered a bulk of the daily trader, with

Good morning. Overnight ag trade has been choppy/mixed at mid-week, with new news again largely lacking for the most part and pre-report positioning ahead of Friday still the main feature. Monday’s crop progress update has been all the talk this week and has reintroduced ideas that yields could come down more than some are looking for, but the numbers aren’t out yet and it’s not a forgone conclusion that such an outcome is seen to