Sunday, November 17, 2024
Tags Posts tagged with "grain markets"

Tag: grain markets

The hope that the Monday markets represented a return to bullishness was dashed early Tuesday.

The end of winter is in sight, and the end to the winter price doldrums is not. We need news to spark this market, says our fearless grain commentator Marlin Clark.

Punxsutawney Phil has gone back underground, but farmers need to be up and alert, looking for grain marketing opportunities.

In northeast Ohio, farmers are mostly standing on the carpet in front of the Farm Credit officer, trying to get the line of credit renewed, and trying to explain why they are still sitting on most of their corn and beans.

Three weeks into calendar year 2016, however, key elements in China's economy -- its wildly speculative stock markets, less-than-transparent currency, sagging heavy industries -- have gone boom.

The long weekend seemed to help the grain markets, at least for a while.

I have long held our modest hope that we would see some rebound in prices after the holidays.

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.

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.

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.