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December corn ended the week down 14 cents, we got some help Friday as it was up 6 cents. It is hard to say if this was some short covering ahead of the report, or it could be some thought we had gone...
Another rough week for old crop corn as the July contract closed 16 cents lower as the trade thinks we have ample supplies to get us to new crop. However, terminal basis levels have improved lately as...
Mid-week some interior bean processors decided it was time to start the annual rob the farmer end play. They rolled their nearby basis bids clear to the November contract and priced all deliveries the...
We saw mostly higher futures prices last week except for July corn which was down a couple of cents. December corn showed some strength as it closed 11 cents higher. Beans were higher with July finish...
We may have been lucky we only had 4 trading days last week as it seems we were down every day. July corn ended the week down 15 cents while the December contract was down 12.
Memorial Day has come and gone, we finally got some decent rain, the crop is all but planted in our area, everything is good, right? It depends on who you talk to.
Last week started with a friendly USDA report for both corn and beans, plus an announcement that the US and China was putting a hold on the proposed high tariffs for 6 months. Those 2 items should hav...
Last week was tough on the grain markets once again. July corn was 19 cents lower while the December contract was 9 cents lower. July beans closed 6 cents lower while the November contract was even.
The funds have a moderate long position, and we have a 30 cent July to September inverse to deal with. That can cause hedgers to lose some hair as they navigate that spread. All you can do if you own ...
After a fast and furious start to planting in our area, last week ground to a halt due to rain. We have producers that are almost done planting, and we have producers that have barely started.
