Thursday, May 24, 2018 9:02AM CDT
Trading fungible assets in liquid markets (like the commodity grain markets) should be easy. Unfortunately, when contracts cross international boundaries, history shows there will always be complexities and inefficiencies.
Thursday, May 24, 2018 8:58AM CDT
Enlist cotton acreage is set to reach 1.5 million acres in 2018, and Enlist corn hybrids are in their first year of commercialization. Don't let up on label compliance.
July corn was 3 cent higher, July soybeans were 10 cents higher, and July Kansas City (HRW) wheat was 9 cents higher.
Buyer support is expected to slowly step back into the complex early Thursday following the triple-digit rally that developed midweek. This could help to firm additional commercial interest through the end of the week.