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A bigger story was the release of the annual Pro Farmer crop tour results which were released after the markets closed Friday. Their national corn yield came in at 182.7 versus the 188.8 the USDA used...
The crop in our area still looks good. There have been several reports of sudden death in some beans and southern rust is appearing in some corn fields, even some fields that were treated with fungici...
Crops continue to look good so the easiest way for the market is to trend lower. The August supply and demand report is this Tuesday. Some years it does not amount to much, but this year it has everyo...
The extended forecast does not contain any wild temps so we may coast into the harvest season. Right now, the biggest threat may come from an onslaught of fungal diseases from all the wet conditions w...
Last week the grain markets gave back everything we had gained the previous week. December corn was 9 cents lower, while November beans closed the week 15 cents lower.
For those old enough to remember 1983 we had a fantastic corn crop on July 15th. A month later after several 100-degree windy, dry days we had a terrible crop. Today’s hybrids can stand more str...
Corn and beans had a bad week as corn dropped 25 cents and beans were 42 cents lower on the week. Last Friday’s S and D report was neutral to slightly bullish, but it was not enough to overcome ...
December corn closed 10 cents higher and November beans were 24 cents higher. Trade talks were part of the optimism as we came to an agreement with Vietnam. Granted they are not a huge trading partner...
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...
