June 28, 2019
Corn sold off hard and soybeans rallied on the data released by the USDA for the quarterly report
USDA put corn acres at 91.7 million acres, more than 5 million acres lower than average estimates
May 23, 2019
An interesting day in the markets today as the market shook off the cold, wet forecasts. Instead they focused on the USDA release of the MFP 2 program.
May 10, 2019
Markets lower today but bounced off the lows following the release of the supply & demand reportThe USDA released their first projections for 2019 crop today
Time Will Tell
The April USDA WASDE Report came out the second week of April following the Quarterly Stocks and Acreage Report at the end of March. Both reports were bearish but opposite on their corn predictions. WASDE is predicting more corn acres
April 2, 2019
Soybeans led the grain complex higher with ideas of further soybean sales possibleOptimism for sales stems from Chinese trade delegation visiting the US this week
March 29, 2019
The USDA released their monthly stocks report today and it certainly was a bearish oneCorn stocks was pegged at 8.605 billion bushels vs 8.335 average estimates
Markets React to a Wet Harvest
The WASDE report was released on October 11. Corn estimates dropped six-tenths of a bushel per acre bringing the average down to 180.7 bushels per acre. Soybeans took an opposing direction and increased a mere three-tenths of a bushel per
September 4, 2018
Values were higher today despite the weakness of wheat, down 14 cents
Wheat struggled on talk that Russia would not implement export tariffs after all
August 1, 2018
Grain finished lower today after a strong session yesterday led by talk of trade talks resuming
President Trump yesterday considered increasing tariff from 10% to 25% according to some news
July 17, 2018
Corn and beans closed higher today with lower crop condition ratings than the trade anticipated
Corn was down 3% and beans were down 2% from the week prior