Monday, November 18, 2024
Tags Posts tagged with "grain markets"

Tag: grain markets

Marlin Clark weighs in on the grain markets following the release of the crop progress report, which was released Nov. 29.

Corn prices the past three weeks have broken the downtrend; however, the soybean downtrend continues. Marlin Clark weighs in this week's grain report.

Harvest is finishing in the Midwest, resulting in firmer corn and soybean prices. However, there are long-term downtrends in place in corn and soybeans.

Producers’ view of their farms’ financial situation was less optimistic in October compared to September, declining six points to 104 in October. 

Corn and soybean farmers should begin to focus on what a return to “average” could bring after three years of government payments and wild market swings. 

Price action last week on the Chicago Board of Trade would have one think that the harvest was finished. Marlin Clark explains in this week's grain report.

Corn and soybean harvests have been on pace with early estimates, while grain prices remain strong and trade conditions favor American commodities.

After all the summer hype, grain crops are better than expected and carryout projections are low enough that analysts still see good sales opportunities.

Harvest pressure and growing sentiment that the U.S. corn and soybean crops are better than thought all summer are stressing prices right now. 

Marlin Clark offers insight into the grain markets as we await the release of the U.S. Department of Agriculture Sept. 1 grain stocks report on Sept. 30.