Market Moment
Grains results for All Months from All Years
Looking Ahead to 2019
Published on Tuesday, September 4, 2018Every 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.&...
Learn MoreWe Have a Deal with Mexico......or do we?
Published on Monday, August 27, 2018There 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...
Learn MoreA Slow Boat To China
Published on Monday, August 20, 2018News 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...
Learn MoreRecord Projections Continue Price Pressure
Published on Monday, August 13, 2018With 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...
Learn MoreUSDA predicts record Corn Yield & Soybean Inventory - August WASDE Update
Published on Friday, August 10, 2018The 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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