Grain markets are starting to feel the effects of harvest season, and crop conditions are leaving question marks heading into October.
With harvest near and the recent WASDE report in the rear view mirror, there is little out there to push the market higher at the moment.
Hurricane Ida caused a drop in grain prices over the past week as grain facilities saw shutdowns and transportation was impacted. As the affec…
Last year was an unusual year for grain prices, as they went into a rare counter-seasonal rally that has, for the most part, held up since the…
While the market spent much of the last week setting up positions for the end of August, it is also watching the start of harvest.
With a big-ticket WASDE report, it was a busy week for the grain markets.
While everyone spent this past week waiting for the Aug. 12 WASDE report, farmers have been watching the weather forecast. The two items are, …
The summer heat is kicking in, and with forecasts calling for dry weather, markets are jumping higher.
The USDA issued its World Agricultural Supply and Demand Estimates (WASDE) report Monday, but there was nothing in that report to move the mar…
Despite grain prices being higher, the USDA is showing corn and soybean acres do not appear to be following suit.
The trade started the week waiting to see the June 30 crop report from the USDA, but in many ways it had already moved on.
Everybody is waiting until June 30. That’s the day the USDA releases its first acreage report of the season. It’s also the date of the next st…
Grain markets received a mixed update from the USDA in the latest Supply and Demand report.
As planting season nears a close and the bulk of the growing season begins, weather is going to be the most important market factor moving forward.
While the grain markets remain strong and prices remain high, there has been a shift in market attitude.
The market appears to have decided that world supplies of grain have gone from incredibly tight to tight but manageable.
After weeks of big gains, the grain market has seen a quick correction with prices plummeting, particularly in corn.
Prices have continued to stay high throughout planting season, but change may be on the way. That isn’t necessarily a bad thing, however.
With strong demand and a tight supply, it probably shouldn’t be a surprise that the market is keeping close tabs on planting progress this spring.
After a week that saw grain markets surge, early indicators are for another week of good prices.