Saturday, May 18, 2024

Last week I mentioned the old saw about the dead cat — that even a dead cat can bounce a little. That was in...
Corn planting

Farmers are making a lot of progress, at least locally.
Fall harvest, 2018

Farmers needed the kind of weather we're having right now, and hopefully it will continue.
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

Prices on the Chicago Board of Trade have been volatile, as the market sifts through pieces of news. Marlin Clark weighs in on the grain markets.

Put this week in your diary as the one that determines if we make a weather market run back up on grain prices, or continue the weekend downturn into new lows. Rain will be the reason.
dollar sign and chart

What exactly will happen with markets? Marlin Clark has a few insights...

USDA's June 8 Planting Progress report says soybean planting still lags history. This has some traders saying that all the bean acres will never be planted.
Money markets graphic

Corn and soybean prices have rallied, but need more good news to sustain the gains.
combine in corn field

Farmers have raised their heads above the summer workload and realized that the grain prices that seemed so comfortable are no longer.