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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
Corn closed the week 23 cents lower while soybeans finished down 66 cents. The biggest factor behind the selloff was a shift in the weather forecast from hot and dry conditions to cooler temperatures ...
Today's corn and soybean varieties can withstand far more stress than crops could years ago. Extended periods of heat and dryness can certainly reduce yields, and we may eventually reach that poin...
Corn and soybeans both closed higher last week. Corn finished the week up 5 to 6 cents, while soybeans gained around 12 cents. On Friday, 15.8 million bushels of soybeans were reported sold for the 20...
