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

Tag: grain markets

USDA's June 8 Planting Progress report says soybean planting still lags history. This has some traders saying that all the bean acres will never be planted.

The mentality of the grain traders seems to be that we are going to have huge crops at cheap prices. This will be another marketing season for “As the Stomach Turns,” says grain merchandiser Marlin Clark.

Soybeans are poised to go below $9, and that is the lowest price in a long time. Barring a turn to poor weather, beans will get cheaper, says grain merchandiser Marlin Clark.

It is that time of the year: Weather dominates every farmer conversation and weather prospects control the thinking of every market trader.

Except for four days of respite, grain markets have been lower almost every day since the March 31 USDA Planting Intentions Report. Ohio farmers, itching to get in wet/cold fields, can only watch prices fall.

Today is the day of the landmark USDA Planting Intentions Report. Everyone's waiting for the noon hour release!

This time of year, market prices are on a bouncy ride.

On this St. Patrick’s Day we hope that the luck of the Irish is for better grain prices.

The next real grain market news does not come until the March 31 USDA Planting Intentions Report. Currently we think that the acres will be several million below the planting of last year. Now comes the guessing.

The critical numbers in the Supply and Demand Report are the carryouts. That is, what grain volume do we project to have left at the end of the marketing year?