Friday, July 1, 2016
Soybeans

Now we are taking stock of the prospective crop size and usage to try to get a feel for summer prices.

The party is over for the old crop beans and corn. The corn has to be sold while a buyer will still price it against the July contract.

Prices were sharply lower on the Chicago Board of Trade Monday, and many observers were surprised.Elevator operators were expecting higher prices after a weekend...

How serious is the late planting? Depends upon the source of the opinion. (Hint: The trade has not been all that concerned.)

The drumbeat of drought has been with us all winter. Grain prices have declined, farmer selling has slowed, and the talk has been that...

When grain markets don't seem to matter: At the heart of it, we remain under attack because we are Americans.

Corn has rallied on the idea that the corn acres will decrease and the beans will increase, in Thursday's USDA Planting Intentions Report.

The middle of March is a hard time to plan grain marketing. We are in the dark about actual planting plans, spring weather, and the results of the winter weather we are now experiencing.

The traveling experts are worried that we are going to raise a big crop and have $4.50 corn. The farmers don’t believe it.

USDA says we may plant 96 million acres of corn. They look for 76 million acres of soybeans, although there is some thinking that we could see as much as 79.75 million acres. Last year we planted 77.198 million.
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