Articles tagged under: Clayton Pope Commodities
November USDA Report Full of Surprises
Published November 10, 2021
Clayton Pope Commodities owner and market analyst Clayton Pope is amazed to see the USDA reduce the U.S. soybean yield forecast in the November report. "It was incredulous in October when the USDA shocked everyone by raising the soybean yields…Grain Markets Have Bearish Reaction to USDA Report
Published September 30, 2021
The grain trade reacted bearishly to the soybean numbers in the USDA's Quarterly Stocks report. According to Clayton Pope Commodities President Clayton Pope, that kind of a response is warranted. "To jump the soybean carryout by 81 million bushels from…Grain Traders Already Questioning USDA’s WASDE Report
Published May 12, 2021
Clayton Pope Commodities President Clayton Pope says the USDA numbers were not as friendly as the trade was looking for. "The numbers appear to be on the bearish side. The old crop corn carryover was down 95 million bushels, but…Grain Markets Expected to Remain Firm Longer-Term
Published January 12, 2021
Clayton Pope Commodities President Clayton Pope expects the grain markets to remain firm longer term now that the January report is out of the way. Pope wonders if the details of the report even matter given the amount of outside…More Growing Season Left in South America
Published December 11, 2020
Clayton Pope Commodities President Clayton Pope says the Brazilian soybean crop estimates continue to be above last year’s production. "Even some of the lower end yields are still a bit above what Brazil produced one year ago," says Pope. "There's…China Still Not Expected Make Large Purchases of U.S. Products
Published May 22, 2020
With 111 countries pointing a finger at China for causing the coronavirus pandemic, there is uncertainty across all of the markets. Clayton Pope Commodities President Clayton Pope doesn’t expect China to make big purchases of U.S. commodities ahead of the…Lower Crude Oil Demand Drives Ag Commodities
Published April 15, 2020
The collapse in the demand of crude oil continues to drive the ag commodities lower. "The production cut was by 10 percent, but some people are saying demand for gasoline dropped 30 percent," explained Clayton Pope, president, Clayton Pope Commodities.…USDA Report Could Reflect Ethanol Demand Losses
Published April 7, 2020
The USDA may increase corn carryout in the April Supply and Demand report to reflect the loss of ethanol demand. "We'll see how the USDA wants to try and factor it in," says Clayton Pope, president, Clayton Pope Commodities. "The…Surprising Yields Create Market Skepticism
Published January 24, 2020
While there is a bit more optimism in the markets as of late, Clayton Pope Commodities consultant Clayton Pope thinks there is still a lot of skepticism. "It seems like it's always harder and harder to buy a rally each…