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  • The grain harvest rally is on… for now

  • Grain markets bob with knee-jerk report reaction

  • Grain prices perky without good reason

Marlin Clark Results

Big report day, small reaction?

Thursday, April 2, 2009

Farmers who were waiting for the Prospective Plantings Report to help the corn pricing decision are not likely to be happy.

My two minutes of fleeting fame as a grain merchandiser

Thursday, March 26, 2009

Andy Warhol said we would all have 15 minutes of fame. He owes me 13 and a half.

Grain market rebound leads to USDA report

Thursday, March 19, 2009

As we wait for the USDA Planting Intentions Report, which is due March 31, we are seeing bullish enthusiasm return to the markets.

Winter blues with Sgt. Schultz grain market

Thursday, February 26, 2009

The basic problem with writing a grain marketing column for (gulp) 22 years is that readers start to assume the writer knows something. The danger is actually that the writer starts to think he knows something.

Few clues in the grain trading range

Wednesday, February 11, 2009

We seem to be locked into trading ranges on the Chicago Board of Trade. In absence of news, the market cycles higher and lower, leaving few clues to assist our trading.

Volatility continues in grain markets

Thursday, January 22, 2009

If there is one thing to talk about in the grain markets, it is volatility.

The grain market’s new news is bad news

Tuesday, January 13, 2009

Prices crashed and burned Monday, and mostly are showing follow-through Tuesday. This is the biggest correction in a long time, and it is unwanted by anyone trying to buy grain or anyone trying to sell grain.

Predicting the grain market is like checking the chicken entrails

Thursday, January 8, 2009

Everyone expects me to tell them the future of the grain markets, and the future is murky to me.

I have more grain market questions than answers

Thursday, December 11, 2008

So, it is a typical Tuesday morning. Here at 9 a.m., I have made the fresh-ground one-third real Colombian Supreme and two-thirds decaf hazelnut coffee. I have turned my contracts in to Bruce. I have talked to a dog food plant about a misapplied ticket and to a trucker about pickup numbers. I have talked […]

The perils of grain market prognostication

Thursday, December 4, 2008

The stock market took another dive, and it took the grains with it.

Grain markets: Looking for Mr. Goodtrend

Thursday, November 13, 2008

Watching the grain markets these days is like watching that optimistic kid digging through that pile of manure: There must be a pony in here somewhere! Somewhere in the pile of manure that is the Chicago Board of Trade these days (I am waiting for their representative to Google this and give me a call!), […]

Report bounce holds grain commodities market higher

Thursday, November 6, 2008

There is nothing in the grain commodity markets to indicate a return to what we now know are high prices.

Mark your calendars: The low is in

Thursday, October 30, 2008

A few weeks ago I said the bottom would be put in this sick market when the trade realized that the crop production estimate for corn and beans was too high. I am marking my diary that I finally got something right. Mark your calendars that the low is in. On the night of Oct. […]

Be patient: Harvest progress is slow

Thursday, October 23, 2008

The soybean harvest is dragging along and corn harvest is having trouble getting fired up. Meanwhile, there is no enthusiasm for the crop in the Chicago Board of Trade building on LaSalle Street in Chicago. USDA last week pronounced larger crops than expected in corn and beans. I remain dubious, as I watch the Bellevue […]

Market Monitor: Harvest pressure and strange dreams

Thursday, October 16, 2008

When a grain trader talks about harvest pressure, he is referring to the effect on the futures markets on the Chicago Board of Trade brought about by farmers taking grain to town and elevators selling futures to hedge it. The effect is normally to force down the price of futures since there is more need […]

The grain market hemorrhage continues

Thursday, October 9, 2008

The market used to be bleeding lower. The bleeding became a massive hemorrhage yesterday, Oct. 6, on the Chicago Board of Trade as the commodities were all down sharply, with corn and beans down the limit. With corn down 30 cents to 4.24 December futures yesterday, and with the soybeans down 70 at 9.22, we […]

Let’s blame it on the bossa nova

Thursday, October 2, 2008

Last week in this space we looked at the “outside markets” as an effect on our grain markets. Recently, they have been a dominating reason for volatile prices. Trading on Sept. 29 put an exclamation point on the effect non-agricultural, non-supply and demand factors can have on markets. On Sept. 29, Congress did not pass […]

Outside markets dominate grain prices

Thursday, September 25, 2008

Based on the fundamentals and the technicals both, we should have been lower Sept. 22. What happened? Outside markets happened, with a vengeance.

The corn market downtrend continues

Thursday, September 11, 2008

The corn downtrend has continued for 11 days. There is a little satisfaction in that, since in my last column I said that would be the expected trend. I would rather have been wrong, since I need some corn. Last week, we looked at the long-term seasonal trends and determined that normally we would have […]

Grain commodity markets bounce, but party’s over

Thursday, August 28, 2008

Here are grain merchandiser Marlin Clark’s conclusions from the current market. First, hindsight is 20/20. Second, timing is more important than actual prices; and, third, the party is over for this year.

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