Sunday, July 15, 2018

Planting has been slow this spring, but farmers are making good progress, overall.
Planting season at Putt Farms.

Planting weather is here, and the markets are responding accordingly.
Flooded field

The cold, wet spring is already delaying fieldwork and early planting.
soybean exports

The trade fight between the U.S. and China is driving grain prices, but where it ends will determine the result.
Money markets graphic

Corn and soybean prices both reached new highs following the USDA plantings report.
Wet soybeans

Spring is here and the price skids so far have been as ugly as the weather.

As we head into spring, our marketing eyes are on the rainfall.

Soybeans continue to rise, driven by the continued dryness in Argentina. The truth about the Argentine harvest is not known yet, but futures markets tend to over-react on the unknown.

The onset of spring is bringing some exciting and frightening news in the grain markets.
combining beans

The markets are showing some signs of improvement, following bad weather in South America.
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