Saturday, May 28, 2016
corn and voter button

Punxsutawney Phil has gone back underground, but farmers need to be up and alert, looking for grain marketing opportunities.
harvesting and pouring corn

In northeast Ohio, farmers are mostly standing on the carpet in front of the Farm Credit officer, trying to get the line of credit renewed, and trying to explain why they are still sitting on most of their corn and beans.
grain bins

The long weekend seemed to help the grain markets, at least for a while.
market chart graphic

I have long held our modest hope that we would see some rebound in prices after the holidays.
ice on branches

The grain market axiom is that the cure for low prices is low prices. The problem with cheap corn this year is that we have been surprised how cheap it could get — 3.50 corn futures were supposed to be a thing of the past.
harvesting

Price direction is still uncertain, but wherever it's headed does not look favorable.
market chart graphic

Take a look at the grain markets and it is hard to find cause for celebration. Celebrate Christmas and the New Year, then get serious about selling grain.
ocean tide

Sit by a quote screen the last month and the corn chart for the Chicago Board of Trade is like the ocean tide. It ebbs and it flows. Then ebbs some more.
earth from outer space

The Big Bang Theory has been postulated by science to explain the origin of the universe. Some incredibly large explosion, according to this theory,...
corn in fall

The good news is that production of ethanol is up. The bad news is, the production of ethanol is up and all I got was this lousy T-shirt and a lousy price to go with it.
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