“Unfeasible”
Country Futures market analyst Darrell Holaday thinks Mexico’s decision to ban GMO corn imports by 2024 is not feasible. "If they go to non-GMO corn, they'll pay $3 a bushel more than anything else or they'll starve to death. I…
Articles tagged under: Darrell Holaday
USDA Ag Attaché Estimates Puzzles Market Analysts
The USDA Ag Attaché in Brazil is estimating Brazil’s soybean crop at 134.5 million metric tons, larger than USDA’s current estimate. Country Futures market analyst Darrell Holaday is puzzled. "Where we're at on the Brazilian bean crop is the strangest,…
South American Weather Sets the Corn Market Direction
South American weather will dictate the direction of the corn market. "We're focusing on what goes on in the north, central and eastern parts of Brazil where the big Safrinha crop areas are at where corn got in so late,"…
Traders are Watching Ending Stocks in Planting Intentions Report
The grain trade expects USDA to estimate corn acres around 92 million and soybean acres at 90 million in the March Planting Intentions report. Country Futures market analyst Darrell Holaday says those acres will get most of the attention, but…
Grain Traders “Gun Shy” Heading Into October Supply/Demand Report
The September USDA Quarterly Grain Stocks report may have traders gun-shy going into the October Supply and Demand report. "You know there will be surprises from the USDA, but you'd like the surprises to add up so it makes sense,"…
A Tipping Point for the Corn Market
According to Country Futures market analyst Darrell Holaday, the corn market is at a tipping point, hovering right at the 2007 contract lows. "There's no story for corn without ethanol. We shut the world economy down, which impacted ethanol and…
Focus Shifts to Planting Intentions Report
As expected, Tuesday’s USDA supply and demand report didn’t hold any surprises for traders. Country Futures market analyst Darrell Holaday says the planting intentions and quarterly stocks report at the end of the month will be important. "How will USDA…
