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.
After a quick warm up to kick off spring, weather has forced some farmers to wait a little bit for the start of planting season.
Now that the reports have been released and the market has responded, the markets have turned their attention to spring planting.
The March 31 acreage report was a stunner for the markets as the USDA estimates were much lower than anticipated.
This was report week, when everyone in the grain marketing world waited to see what the USDA would say about 2021 planting expectations. But b…
As planting season approaches, grain markets are also keeping an eye on the annual spring reports from the USDA.
The March 9 USDA Supply and Demand report came and went. Little to no changes came from the balance tables for corn, wheat and soybeans, and m…
It was a week of optimism at Commodity Classic as higher prices have marketers excited about the prospects of the 2021 crop.
Now that the crop insurance rates have been set, farmers know they have a floor to work with in the grain markets. But it doesn’t mean all ris…
Prices are high, and the USDA expects farmers to try to take advantage in 2021.
The WASDE report released a week and a half ago sent the grain markets into some fairly wild gyrations, with corn prices nosediving by 50 cent…
The crop may not be in the ground for U.S. farmers, but it’s still a weather market.
It’s winter in the Midwest, but the temperatures have been hot in the grain pit as prices for corn and soybeans have shot upward.
Big price swings have started to become the norm in grain markets.
While the market took a day off this past week for the Martin Luther King holiday, the upward trend has taken few days off in recent weeks.