Morning Quick Notes

 

Over Night

  • Narrow reange bound overnight session
  • Near the break corn was  1/4 cent higher bound withing a 2 cent range
  • What was up 1 cent and beans up 3 1/2 cents
  • Crude is higher by 67 cents

Headlines

  • China and the United States discussed the road map for the next stage of their trade talks on Tuesday
  • Today we will see the USDA's Monthly Supply Demand Report
  • U.S. lawmakers have reached an agreement on the Farm Bill that drops a proposal to tighten food stamps restrictions backed by President Donald Trump, and are looking to vote on it this week
  • Soybean export inspections declined for the third week in the last four, off what look to be seasonal peak high

 

Chart of the Day

5 Year seasonl Dec corn chart point to Decline in prices from Jan to Dec