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Articles tagged under: Bob Utterback

Getting a Better Sense of the U.S. Crop

Published August 15, 2021

Traders will get a clearer picture of new and old crop supplies in the next two weeks. Utterback Marketing President Bob Utterback says the WASDE report and the Pro-Farmer tour are just snap shots. "The Pro Farmer tour tries to…
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Bears and Bulls at Work

Published August 9, 2021

The debate over whether or not the Eastern Corn Belt can offset drought damage in the West continues. Utterback Marketing President Bob Utterback will be watching Thursday's USDA supply/demand report and next week's Pro Farmer Crop Tour closely. "There's bears…
Latest NewsMarkets

Bullish Corn, Bearish Cattle

Published June 30, 2021

Livestock markets suffered a setback with the latest USDA acreage numbers. "Feeder cattle are definitely in trouble now with these corn prices," said Bob Utterback, president, Utterback Marketing. Utterback sees more long-term opportunity for cattle than hogs. "The big question…
Latest NewsMarketsLivestock

Final U.S. Planted Acres May Look Different than Planting Intentions

Published May 7, 2021

Corn and soybeans continue to fight for acres. Utterback Marketing President Bob Utterback says there is a real psychological scare final planted acres will not match the planting intentions report. "In my historical experience, I've never seen this level of…
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Grain Markets Still Securing Acres

Published April 26, 2021

The grain markets are trying to secure acres. Utterback Marketing President Bob Utterback says what’s different from other years is the weather premium is in the market before the crop is planted. "This is the first time we've had this…
Latest NewsMarkets

Short-Term Highs Expected Next Few Trading Sessions

Published April 2, 2021

With fewer than expected acres and an already tight carry out, Utterback Marketing President Bob Utterback expects the market to put in a short-term high in the next few trading sessions. "Hold onto your hats, it's not going to be…
Top StoriesLatest NewsMarkets

Easy Money Policies May Bring Headaches

Published March 11, 2021

As the U.S. government passes another COVID stimulus package, Utterback Marketing President Bob Utterback sees easy money policies causing headaches down the road. "As long as the commodity demand remains stable, costs will increase. When costs go up, they're reluctant…
Latest NewsMarkets

Grain Market Holds Onto Demand

Published February 8, 2021

Aside from the upcoming USDA report, Utterback Marketing President Bob Utterback thinks there’s nothing else for the grain market to hold onto except demand. "The talk is China isn't going to slow down in their buying. They're at about 65…
Latest NewsMarkets

Grain Price Boost Gives Farmers Market Opportunity

Published January 8, 2021

The run up in grain prices is giving farmers a chance to market next year’s crop at profitable levels. Utterback Marketing President Bob Utterback says this is the type of market you have to sell into as it’s rising. "Once…
Latest NewsMarkets

Quarterly Stocks Report Shocks Grain Markets

Published September 30, 2020

The USDA sent a shock wave across the grain trade on Wednesday at the release of the Quarterly Stocks Report. "Basically, this is USDA's way of rebalancing the numbers. They brought down domestic stocks to say the crop wasn't as…
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