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Wheat, Corn, Soybeans Up As Markets Open

Wheat, Corn, Soybeans Up As Markets Open

All grain and soy contracts have been higher this morning and are slowly backing off the strong opening.

KC Wheat is up around 20-cents, CH wheat is up around 15-cents, corn is up 11-cents and soybeans 30-cents.  All grain and soy contracts have been higher this morning and are slowly backing off the strong opening.  Buying was mainly supported by follow through buying from last week and the continued dry weather and dry weather forecast for Argentina.  China bought 55 TMT of U.S. beans today and at 10 this morning is the weekly export inspections.  The dollar is lower by 10-cents and crude oil is up 90-cents at $100.60

 

Tom Leffler is the co-founder/owner of Leffler Commodities, LLC and Leffler Ag Consulting, LLC located in Augusta, KS, with a branch in western Kansas.

Tom has been a Commodity Broker/Ag Marketing Advisor since 1991, consulting clients in agriculture marketing, risk management and advising speculators. Leffler has an extensive background experience in agriculture, as he was actively involved for nearly 20 years as a third-generation member of his family’s diversified farming and cattle operation that operates in east-central Kansas.

Over the years, Leffler has conducted many marketing seminars and speaking engagements for agriculture producers in the Midwest. He has done these in cooperation with banks, grain elevators, county extension agents, Ag radio stations and others.

You can listen to Leffler every day on several major radio stations and Ag networks in Kansas and Oklahoma analyzing the Ag markets.  Tom is also quoted in many publications that cover agriculture markets, such as DTN, Reuters, Dow Jones Newswire, Wall Street Journal and others.

Leffler and his wife Patty are the parents of three children and have five grandchildren.

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