10/11/2019


Corn up 17, beans up 12, wheat up 15

Crude Oil- 54.84 up 1.23
 
US Dollar- 98.33 up .034
 
DOW- 26,948 up 425
                      
 
The markets showed some resilience today with corn blazing the trail for beans and wheat. Corn was up 17, and beans up 12, wheat was up 15. There’s threat of a freeze this weekend and that’s got corn pressed higher despite the government report yesterday. The freeze warning is in place for Iowa, Northern Missouri, and parts of Illinois so we’ll see how Mother Nature treats us. There was talk of a partial deal made between the US and China today which is said to set the stage for a deal to be made reportedly by the end of the year. Time will tell.
 
For now this is what we’ve got…. Government and weather.
 
Ali
 
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