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Last week was an unusual early harvest week in the markets. We are looking at possible record production and yet we were strongly higher for corn and beans. December corn ended the week 16 cents highe...
Northern Iowa corn bids have been very attractive as they wait for new bushels and the available old crop is getting hauled to town. We should see some better basis levels in southern Iowa as the bean...
We survived the September crop report last week without a lot of trouble. They raised the corn yield by half a bushel to 183.6 while they recognized more exports which lowered the ending stocks 16 mil...
Once again the board of trade had a good run going last week until we hit Friday. Friday morning, we started higher and then it seemed we ran into some resistance, and we closed 18 lower on beans and ...
We are coming off a holiday weekend, and coming off a week of higher prices for corn and beans. Last week corn was 10 cents higher while beans closed 27 higher. Does this mean the lows are in and we w...
Last week saw mixed results for corn and bean futures as corn was down 2 to 3 cents while beans closed 16 cents higher. The price of veg oil lead bean futures higher as demand came back to the market....
The funds continue to be short the markets to the tune of 250,000 corn contracts and 175,000 bean contracts. At some point they will have to even these out and the question remains, will they do this ...
It appears there is still a fair amount of unpriced grain sitting in farmers’ hands. Their window of opportunity is narrowing by the day as we get closer to harvest.
Most of us knew there would be a day of reckoning when we had almost 3 years of above normal prices, and it appears that time is here. It is very easy to get depressed in times like this. Instead, we ...
Last week was going just fine and dandy in the grain markets until we hit Friday. What started out as a little correction became a big collapse as the weather forecasts started to add some moisture in...