-
Planting-mania: Farmers catch up in a hurry
-
It’s not always about the grain market: Some people have real problems
-
Conflicting seasons, and conflicted grain markets
Planting-mania: Farmers catch up in a hurry
It’s not always about the grain market: Some people have real problems
Conflicting seasons, and conflicted grain markets
The drumbeat of drought has been with us all winter. Grain prices have declined, farmer selling has slowed, and the talk has been that prices will recover, because, after all, we are still in drought in the Western Corn Belt. Mississippi This winter we listened to news that the Army Corp. of Engineers was not [...]
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.
Current U.S. grain market movement is in a trading range, and no progress is being made.
Regardless of USDA reports last Friday, we are trading this grain market as a short-crop year.
The last line of that Zombies song from the dark ages of the ’60s is, “It’s the time of the season for loving.” That’s a good Christmas thought, and better than the one I had this morning, looking at prices. This morning it seems like it is the time of the season for losing money [...]
Friday’s USDA report did not have a lot of news, but what it had caught the market leaning the wrong way. The result, eventually, was a changed landscape for the market the last few days. Soybeans USDA released the Supply and Demand Report Friday morning, and the result was a resounding “thud” in the soybean [...]
In northeastern Ohio and western Pa., rain every third day slowed the soybean harvest so that many were still cutting beans at the end of October. Only the biggest and best-equipped got any significant corn off in October between the rains.
“My fear at this point would be that farmers would regret missing the high prices and wait for them to return.”
Long weekends make traders nervous. Anything can happen. Three days is too long to hold a position for some, so they buy back or sell back Friday, depending upon their position. Then, Tuesday, they get back in. Consequently, it is common to sell off a bullish market Friday, then buy it again Monday. The sell-off [...]
The drought weather market of 2012 has continued, with emphasis shifting back to soybeans once again.
Toll-Free 800-837-3419
Local 330-337-3419
Farm and Agriculture News, Local Market Prices and Crop Reports, Columns and Commentary.
Hundreds of Auction Advertisements for Ohio, Pennsylvania and West Virginia.
Featuring Specialty Antique Auctions, Stores and Shows
Hundreds of Classifieds, Autos & Real Estate Listings
