Rain markets break from highs
Prices on the Chicago Board of Trade have broken sharply on the overnight trading going into Tuesday morning (Aug. 24), as this is written....
Grain market’s Turn-Around Tuesday may bite us today
Market commentary: Big gains on the grain market during the day Monday that capped off a few days of frantic trading did not hold; the weakness overnight is accelerating.
Market Monitor An obstinate and opposite market
I am thinking this morning that the grain market is like a sixth grade boy this morning -- obstinate and opposite. Whatever you suggest,...
Crop questions, weak markets
Corn prices have plunged to new lows as uncertainty about the crop size has created volatility in the markets. Corn futures on the Chicago...
Market Monitor: Lack of insight, but not opinion
I was reminded this morning that when it comes to really knowing what is going on in the grain markets, I am as useless...
Market Monitor: Dead cat shows signs of life
Last week I mentioned the old saw about the dead cat — that even a dead cat can bounce a little. That was in...
Market Monitor: Rain on plain starts to make grain
I laid awake for a long time in the middle of the night, listening to the rain. I am not sure why I do...
True tales from the tractor seat
In the early 1970s, I finished spraying a field, and parked the tractor at the driveway with the booms still out. Then, I forgot about it.
Market Monitor Report bounce goes away, bailout effects unknown
When USDA released their monthly Crop Production and Supply and Demand Reports May 11, the market saw glimmers of hope amongst the nuggets of...
Fast planting weather, slow grain market
A month ago, the market was talking about wet weather that would potentially slow the start of planting. Traders built a little delayed-planting premium into prices. Then, the weather changed dramatically, and so did the markets.