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Last Friday was a green day on the board of trade screen as all grains were higher. And it was very welcome as the week had been poor prior to Friday and we ended lower for the week on corn and beans...
The planting season started early this year and should it get mostly done in April the owners of these old bushels will start looking for a home for them. Basis levels could change in a hurry to the w...
It rained on Easter Sunday and the story goes we will see rain the next 7 Sundays. Right now, I think most would take this rain as we are still extremely dry. Our area has only seen small showers, but...
The USDA released their 2024 planting intentions report last Thursday. Every year this report contains at least 1 item that sticks out like a sore thumb. This year it was the expected corn acres.
We sort of had the good, the bad, and the ugly this past week in the grain markets. Corn made small moves all week and ended 2 cents higher. Meanwhile beans had big swings both ways and ended the week...
An early spring in the midwest normally means more corn acres. Right now, it appears we may get started early, but we may have a shot of winter to battle yet which can whoa the planters in a hurry.
Can we continue to see higher prices? Anything is possible but when we look at the amount of unpriced grain hanging over this market, it might become a cat and mouse game among producers as each party...
Finally, after eight or nine weeks of lower closes we finished last week in the black. May corn was higher four of the five days and ended the week eleven cents higher. Beans were hit and miss all wee...
Some of this grain was delivered late last fall and put on a priced later contract. The board has been in a steady downturn since so a lot of this grain still needs to be priced. Traders know this and...
The grain markets closed lower again last week. Corn was down 12 cents, beans down 11 cents, and Chicago wheat was 36 cents lower. For beans it was the 9th week in a row we closed lower. The funds con...