Articles tagged under: Bob Lebacken
Trend Line Yield May Be Harder to Achieve This Year
Published August 1, 2021
With the drought conditions across the Northern Plains and areas of the eastern Corn Belt too wet, RML Trading President Bob Lebacken questions the ability of the U.S. to hit USDA’s trend line yield estimates. "There's still some off and…Wheat Market in a Downward Trend
Published March 25, 2021
Recent rains have improved moisture conditions for the winter wheat crop across the Southern Plains. RML Trading President Bob Lebacken says the wheat market is now in a down trending market. "We had a double top sometime ago and since…Traders Cautious Heading Into October Supply and Demand Report
Published October 9, 2020
Traders are cautious going into today’s USDA Supply and Demand report. Following this week’s rally, RML Trading president Bob Lebacken says we could see a bearish market reaction even if we get bullish numbers. "We made new highs in the…Analysts Waiting for USDA Report
Published June 29, 2018
Traders are waiting for the USDA’s Quarterly Stocks and Acreage report that is out at 11 a.m. RML Trading President Bob Lebacken says these reports can be market movers. "Sometimes it can be a pivotal time of the year. Sometimes…