Wednesday, November 6, 2024

Once again we can talk about the harvest low, except that we have to worry that the actual low is not in, and may not be seen until anticipation of the January Inventory Report by USDA.

The EPA is proposing a cut in what we refer to as the “ethanol mandate.” Although this is still a proposal, it hit the market like law.

The corn yields are surprising, and staying huge as the harvest goes on. Everyone's waiting for USDA's report Nov. 8.

One axiom in the grade trade is that big crops keep getting bigger. This does not necessarily mean that the crop improves, but that...

It should not surprise us that rainy weather has delayed harvest. It delayed planting, and cool weather did not allow the crop to catch...

The grain harvest delay has been the excuse needed to see prices perk up a little.

If the harvest is disappointing, we could see a rally into the late harvest. If not, we have not yet seen the low.

As corn prices have gone down, it has felt at times like we have left the slide completely and will fall to our financial deaths.
storm damaged corn

Two weeks from now we may know more about this grain market, but it may be too late. Catch this market while there is fear in it.
dollar sign and chart

What exactly will happen with markets? Marlin Clark has a few insights...