Tag Archives: ARC Group

Markets turn around…a correction that wasn’t a Tuesday.  USDA report out tomorrow.  Will see a quick knee jerk reaction to the report & then the report market reaction will mellow out some.  Will June report have more weight than the September report?  Will the weather & warmth for first part of July be a market issue?  Another pressure point has been COVID-19 & its effects on the markets of soybeans.

 

Highlight of the day was the wheat market…crop doesn’t look good & the market is finally responded to it.  EU wheat isn’t good, U.S. wheat has some struggles.  Tension once again with China.  Shifting away from planting & focus goes to weather & plant growth.  Rains of the past few days will help out the crops with upcoming heat.  Bean exports were small, but to China.