Wednesday, December 18, 2024
Tags Posts tagged with "grain markets"

Tag: grain markets

How bad is the current drought situation down on the farm? Things are so bad that analysts are now talking about 1956 instead of 1988.

The economy is growing, but not very quickly.

Marlin Clark talks about how the weather is changing the crop market. He also discusses the drought of 1988.

Put this week in your diary as the one that determines if we make a weather market run back up on grain prices, or continue the weekend downturn into new lows. Rain will be the reason.

The grain market would like to see 2-3 million acres shifted out of corn and spring wheat into soybeans, but is it too late?

Sell your old crop soybeans when futures are over 15 and don't look back. Continue to sell the new crop as it creeps higher.

Regardless of the fickle nature, good sales opportunities, for both old and new crop grain, are lurking.

I consider this a good selling opportunity. We got scared by the break, and regretted not selling before it.

Thank the market for the bounce and get some grain sold.

The grain marketing ship is rudderless this month, as fundamental news is mostly absent and meaningless.