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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.
Slow news week equaled some lower markets last week for nearby grains. May corn was down 8 cents, while May beans were down 6 cents. New crop prices finished the week higher with December corn up 2 c...
Sometimes it seems you must throw all the bad news you can find at something in order to get a positive response. That’s how the grain markets reacted last week to all the tariff talk. At the en...
May beans closed the week 46 cents lower and November beans ended the week 45 cents lower. Along with a down bean market crude oil was 10 percent lower and the DOW lost 8% of its value last week. So, ...
Short report today as the big USDA reports will be released Monday and that will set the course for our markets unless we get into a weather market as we get into planting season. Last week May corn w...
The big March USDA report is out next Monday, and it will be a mover. Everyone seems to agree there will be a lot more corn planted, somewhere between 4 and 5 million more acres. Meanwhile they expect...
Let’s talk about the highlights from last week’s grain markets. Wait a minute, there are no highlights from last week. The funds continued their sell off that started 3 weeks ago. They she...
