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

Tag: grain prices

Corn, soybean and wheat prices on the Chicago Board of Trade have remained firm so far in what is traditionally a slow and soft trading week.

Last week the USDA released its December crop reports and recorded no real changes, but corn prices were firmer and soybean prices remained weaker.

Marlin Clark explains how the grain markets have been affected by fears fueled by the omicron variant and the Russian presence in eastern Ukraine.

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.

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.