Tuesday, January 25, 2022

Last week the USDA released its December crop reports and recorded no real changes, but corn prices were firmer and soybean prices remained weaker.

Marlin Clark explains how the grain markets have been affected by fears fueled by the omicron variant and the Russian presence in eastern Ukraine.

Marlin Clark weighs in on the grain markets following the release of the crop progress report, which was released Nov. 29.
combine in corn field

Corn prices the past three weeks have broken the downtrend; however, the soybean downtrend continues. Marlin Clark weighs in this week's grain report.
Ag trade photo

Harvest is finishing in the Midwest, resulting in firmer corn and soybean prices. However, there are long-term downtrends in place in corn and soybeans.

Price action last week on the Chicago Board of Trade would have one think that the harvest was finished. Marlin Clark explains in this week's grain report.

Corn and soybean harvests have been on pace with early estimates, while grain prices remain strong and trade conditions favor American commodities.
wheat harvest

After all the summer hype, grain crops are better than expected and carryout projections are low enough that analysts still see good sales opportunities.
A combine harvesting corn.

Harvest pressure and growing sentiment that the U.S. corn and soybean crops are better than thought all summer are stressing prices right now. 
Fall harvest, 2018

Marlin Clark offers insight into the grain markets as we await the release of the U.S. Department of Agriculture Sept. 1 grain stocks report on Sept. 30.