Saturday, December 28, 2024

There are a lot of reasons grain markets have traded lower. Some are valid, some are the kind of reasons analysts give when they have to give reasons, says grain trader Marlin Clark.

The last line of that Zombies song from the dark ages of the '60s is, "It's the time of the season for loving." That's a...

Traders have focused on exports, transportation issues, South American weather, and politics as reasons for the decline in grain market prices.

Farmers, this is a grain market that wants your corn now, and will pay less for it in the future, unless the structure of the market changes.

Friday's USDA report did not have a lot of news, but what it had caught the market leaning the wrong way. The result, eventually,...
Combine in water

With no news comes fickle markets subject to the whims of Chicago traders. Now is the time to forget the highs and remember the crops in eastern Ohio are better than expected, and the prices are still much higher than planned for at planting time.

In northeastern Ohio and western Pa., rain every third day slowed the soybean harvest so that many were still cutting beans at the end of October. Only the biggest and best-equipped got any significant corn off in October between the rains.

"My fear at this point would be that farmers would regret missing the high prices and wait for them to return."

Long weekends make traders nervous. Anything can happen. Three days is too long to hold a position for some, so they buy back or...

The drought weather market of 2012 has continued, with emphasis shifting back to soybeans once again. Last week, we made new highs in corn,...