Tuesday, November 5, 2024

The USDA Prospective Plantings Report, followed by friendly export reports, have helped fuel some bullish enthusiasm for the grains.

Farmers who were waiting for the Prospective Plantings Report to help the corn pricing decision are not likely to be happy.

Andy Warhol said we would all have 15 minutes of fame. He owes me 13 and a half.

As we wait for the USDA Planting Intentions Report, which is due March 31, we are seeing bullish enthusiasm return to the markets.

The basic problem with writing a grain marketing column for (gulp) 22 years is that readers start to assume the writer knows something. The...

We seem to be locked into trading ranges on the Chicago Board of Trade. In absence of news, the market cycles higher and lower,...

If there is one thing to talk about in the grain markets, it is volatility. Grains have traded over wide ranges in short periods...

Prices crashed and burned Monday, and mostly are showing follow-through Tuesday. This is the biggest correction in a long time, and it is unwanted by anyone trying to buy grain or anyone trying to sell grain.

Everyone expects me to tell them the future of the grain markets, and the future is murky to me.

So, it is a typical Tuesday morning. Here at 9 a.m., I have made the fresh-ground one-third real Colombian Supreme and two-thirds decaf hazelnut...