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…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…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…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.…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…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…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…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…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…