Grain markets: It looked good there for a while
Now is a time for hoping, and for looking at grain marketing option strategies. We can’t afford these corn and soybean prices long-term, and we have been too good at production for good prices.
Grain marketing: Planting Progress not dead
USDA's June 8 Planting Progress report says soybean planting still lags history. This has some traders saying that all the bean acres will never be planted.
Grain markets: Rain makes grain, or so we hope
The mentality of the grain traders seems to be that we are going to have huge crops at cheap prices. This will be another marketing season for “As the Stomach Turns,” says grain merchandiser Marlin Clark.
Lots of weather, but no good grain price news
Soybeans are poised to go below $9, and that is the lowest price in a long time. Barring a turn to poor weather, beans will get cheaper, says grain merchandiser Marlin Clark.
Weather dominates farming, crop futures
It is that time of the year: Weather dominates every farmer conversation and weather prospects control the thinking of every market trader.
Market Monitor: Good planting progress, bad prices
The nation as a whole is now at 75 percent planted, versus an average of 57 percent. We added 20 percent last week in the country, and were only 55 percent planted.
Strong planting progress, but prices still weak
Warm, dry weather helped some farmers begin planting, but prices are still low.
Ohio farmers, itching to plant, watch markets continue lower
Except for four days of respite, grain markets have been lower almost every day since the March 31 USDA Planting Intentions Report. Ohio farmers, itching to get in wet/cold fields, can only watch prices fall.
Slow planting and stunted prices
Statistically, planting is now officially behind for the second week according to USDA Crop Progress Reports, out Monday each week.
Negative market influences add up
Avian flu is one more negative working against the grain prices.