Articles tagged under: Bob Utterback
Tough Decisions Needed
Published July 9, 2022
Utterback Marketing President Bob Utterback thinks hedging next year’s crop will be difficult. "A lot of guys are suggesting to me that the cost of production is going to be well above $5 (per bushel) and with any type of…Tough Decisions to Make
Published July 8, 2022
Utterback Marketing President Bob Utterback thinks hedging next year’s crop will be difficult with the lower commodity prices. "December 2023 corn is around $5.47. A lot of farmers think the cost of production will be about $5. With any type…Rising Energy Prices Threaten Economy
Published June 6, 2022
Energy prices continue to skyrocket. Utterback Marketing President Bob Utterback says the higher prices are likely the biggest threat to the economy. "With higher fuel prices, we'll see a significant increase of costs to the American consumer in all areas."…Take Advantage of Market Rallies
Published February 10, 2022
Utterback Marketing President Bob Utterback reminds farmers to position themselves to take advantage of any price rallies. "There's nothing in the cards yet to tell us that we're going to slow this thing down until we get crops in the…Utterback: USDA Reports “A Yawner”
Published January 12, 2022
The January USDA reports failed to provide the fireworks many traders were expecting. Utterback Marketing President Bob Utterback calls the reports a yawner. "Traders were preparing for an event once these reports came out, but there's nothing in these reports…Utterback: Keep an Eye on the Corn Market
Published December 30, 2021
The corn market may be one to watch going into spring. Utterback Marketing President Bob Utterback says the soybeans are getting attention, but the dryness in South America will ultimately impact corn. "If the weather continues to show deterioration in…Volatile, Sideways Market Movement
Published December 16, 2021
The commodity markets have been volatile, but mostly moving in a sideways pattern. Utterback Marketing President Bob Utterback says the entire commodity complex is stuck. "I see a rangebound market ahead for the grains and meats, making it very difficult…Mixed Signals Coming from Grain Markets
Published October 1, 2021
Utterback Marketing President Bob Utterback says the grain market is very confusing, sending out mixed signals. "You can argue the demand side is nowhere as robust as it was this time last year. We're producing a crop, so what's the…Demand May Not Be as Strong as Expected
Published September 25, 2021
The grain markets are expected to be well supported the remainder of the year. However, Utterback Marketing President Bob Utterback is not sure demand will be as strong as many traders expect. "Demand is decent, but China is not accelerating.…