Monday, July 4, 2022

Last week, corn made good gains and soybeans surged to higher prices. Marlin Clark weighs in on the grain markets at the close of 2021.
Standing corn in snow

Corn, soybean and wheat prices on the Chicago Board of Trade have remained firm so far in what is traditionally a slow and soft trading week.

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.
ohio farm

Producers’ view of their farms’ financial situation was less optimistic in October compared to September, declining six points to 104 in October. 

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.