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We had a holiday shortened trade last week, and that might have been a good thing for corn as it still managed to lose 10 cents in just four days. Beans fared a little better, gaining 4 cents over th...
Last week corn and bean futures were having a decent run until Friday. The President and EPA released their RVO (Renewable Volume Obligation) numbers during a farmer event at the White House. In the w...
While much of this year’s crop inputs have already been purchased or applied, continued strength in oil will begin to impact next year’s cost structure. Energy touches every part of agricu...
The war in Iran continues, and the rally in grain prices also continues. Last week corn closed 7 cents higher, while beans were 24 cents higher. Crude oil was higher once again, and that is the main d...
Last week was a rally week for all commodities, both old and new crop grain. However you frame it, the bottom line is this: it's a war rally, and not much else.
We saw higher corn and bean prices last week. May corn was 9 cents higher, while May beans finished the week 17 cents higher. Corn had its best week since the bad news we received in the January S&...
March corn finished 4 cents lower last week, while March beans were 4 cents higher. The corn market continues to deal with too much unpriced old crop corn sitting over the market. The funds are only s...
World supplies remain large, and South America is harvesting what could be a record crop. Last Tuesday’s supply and demand report left U.S. bean carryout at 350 million bushels. That number coul...
If you had been out of communication all last week and regained it Friday afternoon, your first thought might have been, what happened to the bean market?
We saw slightly lower grain prices last week, with March corn down 2 cents and March soybeans finishing 3 cents lower. Both markets tested their resistance levels during the week but failed to break t...
