Monday, June 23, 2025
green corn plant under white sky during daytime

Marlin Clark explores the reasons for a market that continues to hit new lows.

There have been no surprises in the grain harvest so far, so we are looking at outside markets, weather, and tea leaves and chicken entrails for direction.

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."
soybeans

Marlin Clark offers an update on the grain markets, offering current prices for corn and soybeans as of June 30, 2020.
dollar bills

The new tax law gives a 20 percent deduction of the gross proceeds for any commodities sold by farmers to a co-op. That is not just huge, it's gigantic.

There is nothing in the market to indicate we could have high grain prices. We have just seen a bounce from awful prices.

It is no news to anyone reading this that the farmers of Ohio are fighting for their crops and their livelihoods. The hardy farmers of northeast Ohio got parts of two days this weekend to run beans on squishy ground.

Once again we can talk about the harvest low, except that we have to worry that the actual low is not in, and may not be seen until anticipation of the January Inventory Report by USDA.
Soybeans

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

As it stands right now, the markets act like they have gone to sleep. But that is sure to change headed into the new year.