Thursday, April 18, 2024
Tags Posts tagged with "grain markets"

Tag: grain markets

Much has been promised amid this ongoing trade war, but we still don't have the results we're expecting.

The U.S. grain market is finding it hard to define what is going on, and that results in nervous traders and a directionless market, says our fearless grain commentator Marlin Clark.

Problems in Kansas planting their hard red winter wheat is supporting both the Kansas City and Chicago wheat markets.

As the growing season winds down, the grain market is still looking for direction, says our fearless grain commentator Marlin Clark.

USDA's recent World Agricultural Supply and Demand Report and the U.S. Crop Production estimate for August took away the bounce in grain prices and cast a negative tone for the balance of the summer.

From our fearless grain commentator this week: "A producer should start with the understanding that he is better with a good crop and poor prices than a poor crop with good prices. Then, hope that he is the one with a good crop this year!"

December corn futures and July Chicago wheat futures have made new contract highs.

Soybeans continue to rise, driven by the continued dryness in Argentina. The truth about the Argentine harvest is not known yet, but futures markets tend to over-react on the unknown.

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.

U.S. feed grain and grain products exports were worth $18.9 billion in 2015, and supported $55.5 billion in economic output.