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I remember years ago when my grandmother heard something disturbing, her favorite response was, “Oh my.” My reaction to last week’s markets was about the same: “Oh my.”
In the recent past, when the news was really positive for the U.S., the administration has released the news quickly. This delay makes it look like perhaps no major agreement was made and they are all...
We saw slower-paced grain trading last week. December corn ended the week 3 cents lower while November beans were 7 cents higher. Traders seem to be waiting for more harvest data out of the Midwest, w...
I'll be working as a Grain Originator with Smith Fertilizer & Grain. My goals are to provide SFG customers with additional contracting opportunities, market updates and other information to he...
The USDA released their September WASDE report last Friday. Going into report day, a lot of the discussion centered on where they would put the national corn yield.
Harvest pressure may help stall the upward trend in prices, but the funds were record long last Thursday night, holding 487,000 corn contracts. It will be up to the funds to defend their position, and...
The new crop price increases are telling us to get some sales on the books. With the yield prospects we have in our area, you should be able to lock in some profit right now, and that has been hard to...
Overall, we had a good week in the grain markets. Several producers made new-crop sales, and with these better markets, that looks like the right thing to do. You always hope the later sales will be a...
Three things will provide most of the price movement this week. First is weather. Did rain reach the areas that needed it the most? Some areas in the East had way too much rain, and some crop has been...
Last week the grain markets were somewhat quiet compared to the volatility we have seen over the past several months. Corn ended the week down 2 cents, while beans were down 11 cents
