Bennett Consulting | Red River Farm Network

Mostly Good Planting Progress in Eastern Corn Belt

Published May 27, 2022

Farmers in the eastern Corn Belt continue to make good planting progress. Bennett Consulting President Matt Bennett says there are trouble spots. "Farmers in Ohio, Michigan and parts of northern Indiana are really struggling. It seems like the areas getting…

Fertilizer Availability May Override Cost Concerns

Published October 27, 2021

As farmers in the Eastern Corn Belt wrap up harvest, many are preparing for next season. Based in central Illinois, Bennett Consulting owner Matt Bennett thinks availability of inputs will be a bigger issue than cost. "Once the soil temperature…

Not Worried About Long-Term Export Delays

Published August 30, 2021

Bennett Consulting Matt Bennett is hopeful Hurricane Ida's damage will not cause long term export delays. "They were talking about nine inches of rain over the weekend. Hurricane Katrina had two to three times that in areas and there's a…

Don’t Lose Sight of Marketing Those Crops

Published June 24, 2021

Don’t let drought conditions steal your attention away from marketing. Bennett Consulting owner Matt Bennett says these are still very profitable prices. "Keep your discipline and when you make your marketing moves, base it on profitability and not a round…

Traders Gear Up for April WASDE Report

Published April 6, 2021

USDA will release the April World Agricultural Supply and Demand Estimate or WASDE report Friday at 11 a.m. central time. Bennett Consulting president Matt Bennett says the April WASDE is usually not a market mover. "I think there's a lot…

Disappointing Weekly Export Sales Report

Published March 11, 2021

Bennett Consulting President Matt Bennett says the weekly export sales report was nothing to write home about, but traders weren’t expecting much. "If you want to get down to it, with soybeans at 350 million metric tons, without major cancellations,…

Demand Keeping Prices and Basis Firm in PNW

Published November 20, 2020

Basis levels continue to be firm even as corn and soybeans have a sharp rally. Bennett Consulting President Matt Bennett expects demand from the Pacific Northwest to keep cash corn prices firm. "There will be lots of corn going out…

A Harvest Update From Illinois

Published September 23, 2020

In central Illinois, market analyst Matt Bennett says there have been good drying days and the corn harvest is underway. The soybeans are also going through combine. "We saw some incredible yields and we also saw some nitrogen loss. We…

Market Analysts Keeping an Close Eye on Wet Conditions

Published May 1, 2019

Bennett Consulting owner Matt Bennett says the lack of planting progress could open the door to prevent plant. "Where I'm at in central Illinois not only are we wet, but we have a wet two week forecast," says Bennett. "If…

Articles tagged under: Bennett Consulting

Mostly Good Planting Progress in Eastern Corn Belt

Fertilizer Availability May Override Cost Concerns

Not Worried About Long-Term Export Delays

Don’t Lose Sight of Marketing Those Crops

Traders Gear Up for April WASDE Report

Disappointing Weekly Export Sales Report

Demand Keeping Prices and Basis Firm in PNW

A Harvest Update From Illinois

Market Analysts Keeping an Close Eye on Wet Conditions

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