Tuesday, April 23, 2024
Tags Posts tagged with "grain markets"

Tag: grain markets

On this St. Patrick’s Day we hope that the luck of the Irish is for better grain prices.

The next real grain market news does not come until the March 31 USDA Planting Intentions Report. Currently we think that the acres will be several million below the planting of last year. Now comes the guessing.

The critical numbers in the Supply and Demand Report are the carryouts. That is, what grain volume do we project to have left at the end of the marketing year?

These are hard times to make decisions, and most farmers have deferred decisions and are just storing crops for higher prices.

When you have the futures market $2 above the cash market, your intuition is that the market is just broken. How ag economists solved the mystery.

Speculation about Russian wheat exports seems to be the cause of recent price jumps in the Chicago wheat futures.

Grain producers should consider cutting costs to prepare for what could be several years of lower crop prices, say Purdue University agricultural economists.

With the big grain crops, prices do not have a good reason to improve. There are hard decisions ahead for farmers.

The combination of a big harvest, falling storage space and the export market are impacting the price of corn and soybeans.

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