Coffee Cup Comments (Market Commentary)
Morning Grain Comments
05-14-2025
Very quiet grain trade overnight as the busy start of the week has slowed down just a bit. The soybeans have been supported due to lower ending stocks and expected news regarding US biofuel policy. Ethanol numbers come out today and are expected to remain steady as we move towards the summer driving season. Optimism remains around continued trade deals and the lowering of some of the recent tariffs. The Consumer Price Index (CPI) came out at 2.3%, down from 2.4% last month. This is an indication that inflation is somewhat under control at the moment, but the effect of the tariffs has not really hit the markets just yet. US weather forecasts continue to look favorable for planting progress to be made. There is currently not a weather premium in this market and weather will be the top market mover should something develop. Look for consolidation type trade today as traders await their next market move. Have a great day!