Thursday, March 22, 2018
Tags Posts tagged with "wheat"

Tag: wheat

Another week, and still no good reason to be bullish on these grain markets, says grain merchandiser Marlin Clark.

The 2017 corn yield in the U.S. is estimated at a record high 176.6 bushels per acre, according to the latest USDA report.

Our fearless grain commentator, Marlin Clark, is brutally honest this week: "I am looking for something to excite me in the market, and it just isn’t there."

USDA says soybean harvest is done. Not in Ohio. And grain prices aren't moving, says grain merchandiser Marlin Clark, who adds we are seeing two huge crops in a row, and the market does not care if farmers sell or not.

At current corn and soybean prices, the farmers will resist selling as long as they can.

The fond hope of the Labor Day weekend was that, with an extra day of mystery and no trading, we might see some gains...

If there is good news in the current grain market, it has to be that we may be making the harvest lows on negative news ahead of the actual harvest, says grain expert Marlin Clark.

USDA Crop Production report predicts record 88.7 million acres of soybeans will be harvested this year.

What does USDA think we will see for crop production? Everyone is waiting for the latest report on Aug. 10.

Weather and crop condition pushed grain prices dramatically higher on the Chicago Board of Trade this Turnaround Tuesday morning, July 18. Corn is up 12 cents, Soybeans are up about 14, and the wheat is almost a dime higher.
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