Daily Afternoon Notes

Updated on 10/18/2017

Market Commentary 


  • Grain markets closed lower today. Corn closed down 1 1/2 cents, wheat closed down 5 1/4 cents, and beans closed down 1/2 cent.

  • Weekly ethanol production up 52K bpd to 1,019K bpd. Stocks down 43K barrels to 21.48 mil barrels. 

  • NAFTA has allowed trilateral trade between the U.S., Mexico, and Canada to more than triple since 1993. While Canada and Mexico are set to reject U.S. proposals, both countries are open to carrying negotiations into 2018.