Articles tagged under: corn

Market Analyst Impressed with Grain Market Resiliency

Published November 25, 2020

Top Third Ag Marketing market analyst Ed Duggan says the resiliency of the grain market has been pretty impressive. "These markets are like plastic tumblers, they're unbreakable. China may be washing out purchases of soybeans, but the markets are handling…

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Regional Basis Bids Steady Going Into Thanksgiving

Published November 25, 2020

Soybean basis bids at the six regional grain elevators followed by the Red River Farm Network were steady to 15 cents wider compared to one week ago, resulting in nearly unchanged cash prices as futures moved higher. Cash soybean prices…

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What a Biden Administration Could Mean for U.S. Corn Industry

Published November 23, 2020

As the Biden administration considers cabinet candidates, National Corn Growers Association CEO Jon Doggett says the corn industry has already had a number of discussions with the transition team. "The most important thing we can do right now is build…

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Corn and Soybeans Need to Ration Demand

Published November 20, 2020

Northstar Commodity Chief Analyst Mark Schultz says U.S. corn and soybeans still need to ration demand. "Make no mistake, soybeans will need to be rationed. The corn has a lot of interest, because farmers will either feed corn or wheat.…

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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…

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Consider Marketing the New Crop

Published November 20, 2020

Corn and soybean prices are inverted with no carry in the market, offering farmers an incentive to hold grain. Commodity Risk Management Group market analyst Britt O’Connell thinks farmers should be patient with old crop. "If there are issues in…

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Northern Plains Basis Unchanged from Previous Week

Published November 20, 2020

Basis bids at the six regional grain elevators followed by the Red River Farm Network remain nearly unchanged from last week. Spring wheat basis bids range from 15 to 60 cents under the December futures contract. Corn basis ranges from…

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Sourcing Off-Farm Grain Could Be Difficult for Remainder of 2020

Published November 16, 2020

Given the circumstances of tight supplies and the recent government report, U.S. Commodities President Don Roose thinks it will become very difficult to source grain off farm the remainder of the year. "When you look at it, the average corn…

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Fieldwork and Corn Harvest Making Progress in ND

Published November 13, 2020

Near Lakota, Huso Crop Consulting owner Mark Huso says farmers got a lot of fieldwork done the first week of November. "We had a nice fertilizer push and some of the area was concerned about moisture in the soil, but…

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An Atypical Harvest Market

Published November 10, 2020

Going into the November Supply and Demand Report, the Money Farm market analyst Luke Swenson says grain traders were optimistic the USDA would tighten supplies, but the trade was only looking for a small reduction to corn and soybeans. "Then,…

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