Market Moment
Grains results for All Months from All Years
A Deal is Struck
Published on Monday, October 1, 2018On Sunday evening just before the midnight deadline, a new trilateral trade agreement between the U.S. and two of our largest trade partners was reached. The U.S. – Mexico – Canada Agreement or USMCA for short, replaces the 24-year-old NAFTA agreement. USMCA encompasses over 1 trillion dollars annually in trade between the three countries. Highlights include greater access for the U.S....
Learn MoreStoring Soybeans
Published on Monday, September 24, 2018It is a busy time for everyone these days, so we will keep our comments short and straight to the point. Yield reports across the country point towards another very large crop. Hoppers are full with what will most likely be the biggest yield in history. And as we busy ourselves with the business of harvest, let us not lose sight of the business of good marketing. To that end, on...
Learn MoreCorn & Soybeans....Technically Speaking
Published on Monday, September 17, 2018A fair amount of time and energy are spent dissecting the fundamentals (raw supply and demand features such as yield, acres, exports, usage, etc.) of agricultural markets. This time of the year especially, yield is all the chatter. Conversations are dominated by this year's field performance vs. last year vs. the neighbor vs. the test plot, etc. etc... But that is not the entirety of ...
Learn MoreUSDA release of September WASDE
Published on Thursday, September 13, 2018Yesterday's report discussion was dominated by corn. The average trade guess expected yield to fall to 177.8 bpa. This is obviously less than the August report estimate of 178.4 bpa. Even at the highest guess of 180 bpa, analysts fell well short of the 181.3 bpa that the USDA now estimates the US crop to be. Bulls were caught and markets sliced a dime off corn values i...
Learn MoreThe Mighty Greenback
Published on Tuesday, September 11, 2018As America pauses to remember this day for what it was 17 years ago, we also stop to remember all who were lost and the many men and women who have gone to fight for our freedoms. We celebrate the families who shared in that sacrifice as their loved ones took up arms to be on the front line of that effort. It was a hard day for all of us who witnessed the horrific events that took plac...
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