Thursday, October 15, 2026

Is grain market on a report-induced, blow-off high, or has the report just set off another leg of the rally?

I consider this a good selling opportunity. We got scared by the break, and regretted not selling before it.
Brazil soybean plantation

Marlin Clark weighs in on the World Agricultural Supply and Demand Estimates and offers insight on price movements in the grain markets.

China has rejected some U.S. corn, not elevators/processors warning farmers: We will not be accepting "grain containing unapproved GMO traits, including Agrisure Viptera (MIR-162) and Duracade."
harvest

The great weather pattern that had an early harvest started in Ohio came to a wet halt Sept. 28.

For the last couple of weeks I have been saying that only the March Planting Intentions Report from USDA can help this market. My idea has been that I don’t see bullish news anywhere on the horizon. But, I do think that farmers will like $13 soybeans better than $4 corn.

Corn has rallied on the idea that the corn acres will decrease and the beans will increase, in Thursday's USDA Planting Intentions Report.

Marlin Clark talks about how the weather is changing the crop market. He also discusses the drought of 1988.

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.

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,...