Mid-Day Markets: Corn +5. Soybeans +14. Wheat +8.
Markets firmer with corn, beans, and wheat all in the green.
Chinese Vice Premier Liu He will visit the United States on Jan. 30 and 31 for the next round of trade negotiations with Washington.
Soybean shipments offloaded in China this year are down about 37 percent from the first two weeks of 2018.
U.S. EPA rule to allow sales of higher-ethanol blends of gasoline year-round is being delayed by a partial government shutdown.
The USDA will temporarily reopen its FSA offices starting on Thursday to help process farm loans and tax documents.
Lenders supporting American farmers warned White House officials that 2019 could cause more producers financial losses if the trade dispute is not resolved.
A Rabobank analyst says China’s pig population is expected to drop between 10% to 20% by the end of 2019 because of the impact of ASF.
Green Plains is looking to sell more ethanol plants according to CEO Todd Becker; expanding focus on protein.
Brazil’s 6 to 10 day turns a little less than average precipitation in all areas except the far northeast were below average rains are seen.
Argentina’s weather forecast turns drier for the weekend and first half of next week before another front brings fairly soaking rains to all areas later next week.
Have a great afternoon!!!
Chelsey White
Emery Branch Manager/Originator || Topflight Grain Coop
593 Emery Rd.
Maroa, Il 61756
E-Mail: cwhite@topflightgrain.com
Web: www.topflightgrain.com
This material should be construed as market commentary, merely observing economic, political and/or market conditions, and not intended to refer to any particular trading strategy, promotional element or quality of service provided by Topflight Grain Cooperative, Inc. Topflight Grain is not responsible for any redistribution of this material by third parties, or any trading decisions taken by persons not intended to view this material. Information contained herein was obtained from sources believed to be reliable, but is not guaranteed as to its accuracy. Contact Topflight Grains designated personnel for specific trading advice to meet your trading preferences. These materials represent the opinions and viewpoints of the author, and do not necessarily reflect the viewpoints and trading strategies employed by Topflight Grain Cooperative, Inc.


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