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 ...
