The EPA is proposing a cut in what we refer to as the “ethanol mandate.” Although this is still a proposal, it hit the market like law.
The corn yields are surprising, and staying huge as the harvest goes on. Everyone’s waiting for USDA’s report Nov. 8.
One axiom in the grade trade is that big crops keep getting bigger. This does not necessarily mean that the crop improves, but that the reporting of the estimates of ultimate crop size changes. That is, each successive crop estimate gets bigger until we get to the January Inventory Report and the final reality puts […]
It should not surprise us that rainy weather has delayed harvest. It delayed planting, and cool weather did not allow the crop to catch up. So, here we are, absent government reports as USDA is catching up from the shutdown, and guessing just what has been harvested. Whatever it is, it is not enough. Making […]
The grain harvest delay has been the excuse needed to see prices perk up a little.
If the harvest is disappointing, we could see a rally into the late harvest. If not, we have not yet seen the low.
As corn prices have gone down, it has felt at times like we have left the slide completely and will fall to our financial deaths.
Two weeks from now we may know more about this grain market, but it may be too late. Catch this market while there is fear in it.
What exactly will happen with markets? Marlin Clark has a few insights…
World population, U.S. farm productivity, Earl Butz and Bret Maverick: What should farmers believe?