Market Moment
Grains results for All Months from All Years
A Trend Violated
Published on Monday, June 4, 2018News headlines have been bursting with chatter regarding ongoing discussions around trade. There are more questions than answers and the market dips and jumps based upon the latest tweet or headline produced. While trade and tariffs will likely remain a large part of our market movement, today we had a major technical event occur that could leave the corn market vulnerable to further w...
Learn MoreTemps meet Trump
Published on Tuesday, May 29, 2018The day started on news of hot dry weather throughout the Midwest. Over the weekend, traders, no doubt, experienced first hand the heat that gripped the Corn Belt. With forecasts for hot, dry temps throughout the Southern Plains, it is easy to understand the growing concern of drought. See current Drought Monitor. Precipitation has been scarce in the western Dakotas as well as the ...
Learn MoreChinese Fireworks
Published on Monday, May 21, 2018Since the Chinese are credited with the discovery of black powder and then later the invention of fireworks, it should come as no shock that news over the weekend of a coming trade deal with China caused a few explosions on Monday worthy of a few ooohs and aaahs. President Trump fired off "Tweets" that stoked morning markets. See Tweets below. While no specifics have yet to ...
Learn MoreFeed Projections
Published on Monday, May 14, 2018Last week, the USDA put forward their first look at the 2018/19 corn supply and demand projections. In those numbers, of course, was the reduced acreage as pegged by the Planting Intentions report of March. With 88 million acres (80.7 harvested) and a yield of 174, the USDA forecasts a crop of just over 14 billion bushels. Getting to the bottom line (ending stocks) of the balance sheet...
Learn MoreUSDA May WASDE - A First Look at the 2018/19 Balance Sheet
Published on Thursday, May 10, 2018All of the discussion about the new accounting for wheat inventories across global supplies was met with a yawn on Thursday as world ending stocks only fell 6 million metric tons (MMT) from last year. The end result is the 2nd largest inventory of wheat in recent history. World corn ending stocks fell to their lowest level in 6 years, largely on the heels of continued Chi...
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