Search / 225 results found Showing: 1-10 of 225
A combination of demand (high basis levels), cool temperatures in the United States (which will slow germination), stress on Brazil’s safrinha corn crop caused by a lack of moisture, and the willingness of money to flow into the market on the long side combined to punch prices to multi-year highs.
We can’t afford any glitches this year in either corn or soybeans with such tight ending stocks in both commodities.
The following marketing analysis is for the week ending April 9.
The market was treading water waiting for the March 31 Prospective Planting and Grain Stocks reports. And boy, were they worth the wait!
The bumpy ride leveled out this week as the market consolidated ahead of the U.S. Department of Agriculture’s Outlook Forum.
The new year has gotten off to a stellar start for growers with corn, soybean, and wheat prices soaring to multi-year highs.
Fresh news on a daily basis was thin with the market focused on unwinding of corn/wheat spreads and the approach of first notice day for December contracts.