2/15/19 8:00am FREE PRICE LATER IS AVAILABLE AT SIOUXLAND ENERGY
Presidents Day Schedule:
Friday, Feb 15th Regular Close
Monday, Feb 18th CLOSED-President’s Day
Regular PM Open 7:00 PM CST
The rumors give and then take away so I guess that is the new environment we live in. Chinese President Xi said this morning that trade talks with the United States will continue in Washington next week and that he hopes the two countries will be able to reach a deal in the negotiations. President Trump is considering a sixty day extension of the March 1st deadline for increased tariffs on Chinese imports.
NOPA Crush will be released this morning at 11:00 a.m. CST. Market analysts’ average estimate is Januarys crush of 169.575 million bushels of soybeans. That alone would be a record January crush the market has seen.
Dow futures up 77 at 25,500 this morning. Crude $0.26 higher at $54.67. US $ Index firm.
Informa has their corn acreage estimate at 91.6 mln (89.1 mln this year) and soybeans at 86 mln compared to 89.2 mln this year.
Trump expected to sign budget bill this morning to avoid another Gov’t shutdown. Expected to also declare a national emergency regarding border security.
Here we go again!
