Today we talk about how 2023 is not 2012, it is its own year.
Today we talk about how 2023 is not 2012, it is its own year.
Yesterday's crop ratings were as bad as 2012, but that's about as bad as it gets, as rains this past weekend north of I 80, with the rest of the dry Midwest likely receiving an inch of rain this weekend and more for next week. This had corn down over $0.30 at one time today […]
Overnight wheat had seen large gains that were erased throughout the session, as the threat of civil war was a misunderstanding. We report.
We recap the week, discussing the movements that have occurred in the magnitude they have going in the next week.
Not very often do you see limit down grain and limit up on others. We will discuss this.
Is more to it than just weather today, and we explain why grain prices had seen soybeans drop $0.40 from their Monday night high.
The grain trade fully lower today, as the waterline slowly moves East from Nebraska into some of the drier areas.
Today's grain trade has further weather concerns pushing corn higher, but reversals occurred as the market became overbought. We will continue to have poor exports in the future, which is similar to what has been going on over the past two months. Corn is $4.60 out of Brazil, and the US will be selling much.
Wheat and soybeans are not holding any gains on the session, while corn pushes double digits higher.
In today's market talk, we discussed how the USDA came up with increasing yields around the world and put a surprising world carryout number much higher than that even the highest gas had planned for.