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Market Moment

Grains results for All Months from All Years

Looking Ahead to 2019

Published on Tuesday, September 4, 2018

Every year it seems I ask myself the same question, where did summer go?  With Labor Day officially marking the end of the summer season, fall is just around the corner.  In our industry, fall typically brings long hours and the stress of trying to harvest a year's worth of labor.  At this same time, discussions are generally beginning regarding the planning of your 2019 crop.&...

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We Have a Deal with Mexico......or do we?

Published on Monday, August 27, 2018

There has been a great deal of press in the last several days about a coming deal with Mexico.  Even as recent as today, headlines suggesting such were a dominant portion of the market chatter.  However, grain markets still finished lower.  Why?  The reality is that we have a deal put together.  But that deal is very focused on the automotive industry.  Essentially, t...

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A Slow Boat To China

Published on Monday, August 20, 2018

News broke last week of the ongoing behind-the-scenes discussions with China and the hope for deep level discussions beginning in November.  While we have long maintained that these discussions were taking place, there is a lot that still needs to happen to bring our two countries together. For starters, another round of tariffs (on $16 Billion of Chinese imports that was proposed in June as...

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Record Projections Continue Price Pressure

Published on Monday, August 13, 2018

With much anticipation around Friday’s USDA WASDE report, markets were sent tumbling on projections of yet another large corn and soybean crop.  The trade was anticipating increased yield projections on both corn and soybeans; however, it was a bit surprised when the USDA projected what would be a record yield for corn at 178.4 bpa should it be realized.  In similar f...

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USDA predicts record Corn Yield & Soybean Inventory - August WASDE Update

Published on Friday, August 10, 2018

The USDA unleashed a new dose of volatility after unveiling the August WASDE report.  Record yields are expected for corn with 178.4 pegged as the forthcoming national average.  This is fully two bushels over the average guess and 1.6 bushels over the record setting 2017 yield.  Ending stocks grew by 132 million after upward revisions were made to feed use and exports.  Soybean...

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