Grain markets bob with knee-jerk report reaction
As usual, it is all about the reaction to the USDA reports. In this case, the market did not seem to look at the numbers the same way Monday as they did Friday.
Grain prices perky without good reason
Phones are not ringing in cash grain trading offices across the Midwest, and when farmers get together, they talk about why they did not sell $4.50 corn when they had the chance.
Grain harvest window closes again
U.S. grain prices continue to anticipate a huge harvest by going lower. We keep hoping the bottom is in on the charts, but then we slip lower.
Miracle Max grain market moves lower
The grain market is just "mostly dead." We still have the race to find out what the average crop is. If we have over-estimated the size, prices will stabilize. If the huge crop is really rolling in, the worst is still ahead of us.
Market Monitor: Ugly transitional year defines market
For the last month traders, processors, and farmers have been frozen by our limbo market, wondering how low we can go.
Market Monitor: Ugly transitional year defines market
For the last month traders, processors, and farmers have been frozen by our limbo market, wondering how low we can go. We have focused...
Market Monitor: This has been a strange summer
This has been the summer of worrying about maturing crops, of enjoying the rains that were filling the soybeans and struggling to bale hay without getting it rained on three times.
Huge crop or early frost: Race is on
Crunch time in the grain markets: If we confirm a huge crop with early harvest, the lows are not yet in.
Good weather grain market continues
Grain prices have mostly continued lower the last week, although wheat shows signs of a bottom and the soybeans have had erratic trading that seems like indecision day-traders taking profits.
USDA report shocks the grain market
After the June 30 USDA acreage and stocks reports, we are looking at the worst one-day trading in years, and the market is struggling to decide what low prices really are.
