Thursday, November 7, 2024
ice on branches

The grain market axiom is that the cure for low prices is low prices. The problem with cheap corn this year is that we have been surprised how cheap it could get — 3.50 corn futures were supposed to be a thing of the past.
harvesting corn

Price direction is still uncertain, but wherever it's headed does not look favorable.
market chart graphic

Take a look at the grain markets and it is hard to find cause for celebration. Celebrate Christmas and the New Year, then get serious about selling grain.
ocean tide

Sit by a quote screen the last month and the corn chart for the Chicago Board of Trade is like the ocean tide. It ebbs and it flows. Then ebbs some more.
earth from outer space

The Big Bang Theory has been postulated by science to explain the origin of the universe. Some incredibly large explosion, according to this theory,...
corn in fall

The good news is that production of ethanol is up. The bad news is, the production of ethanol is up and all I got was this lousy T-shirt and a lousy price to go with it.
grain bins

The grain markets are concentrating on South American politics and weather, and on the Thanksgiving holiday. These dominate prices in the absence of other, more direct, news.
grain bins

To turn around grain prices, commentator Marlin Clark says we need to turn around the mood of the speculators.
unloading corn into semi

Although it is only the start of November, this strange and accelerated crop year is winding down to a close.
corn harvest

More than any other time in recent memory, farmers this year are harvesting in hope. That is, their collective marketing plan is to hope that prices get better.