Articles tagged under: grain markets
There’s a Wait-and-See Attitude Ahead of Friday’s USDA Report
Published April 7, 2021
Traders will be watching ending stocks numbers closely in Friday’s supply and demand report from USDA. Progressive Ag Marketing market analyst Brian Strommen thinks traders will take a wait and see attitude on acreage going into the report. "We'll wait…Wheat Market in a Downward Trend
Published March 25, 2021
Recent rains have improved moisture conditions for the winter wheat crop across the Southern Plains. RML Trading President Bob Lebacken says the wheat market is now in a down trending market. "We had a double top sometime ago and since…Grain Markets Caught in a Volatile Trend
Published March 4, 2021
The grain markets remain caught in a volatile sideways trend. Progressive Ag Marketing market analyst Tom Lilja says the pace of Brazil’s harvest and corn planting is underpinning the corn and soybean markets. "Brazil's second crop corn plantings are behind…Range-Bound Grain Market Seeks Directon
Published March 3, 2021
While the trading ranges are very large, NAU Country Vice President of Farm Services Rich Morrison says this grain market is range bound looking for direction. "We set new all-time highs in the soybeans overnight. The fundamentals haven't changed a…Money Flow Moves Out of the Grain Markets
Published February 10, 2021
Nothing fundamental changed for the grain markets on Wednesday, but money flow moved out of the grains. "The February USDA report wasn't quite what the doctor ordered in terms of bullish news," said Joe Vaclavik, president, Standard Grain. "USDA raised…Choppy Grain Trade Expected to Continue
Published January 28, 2021
The grain markets are pulling back on Thursday after reaching fresh highs. Van Ahn and Company market analyst Kristi Van Ahn is expecting a choppy trade to continue in the grain markets. "It's not just about fundamentals. There are other…A Demand Shift From U.S. Soybeans to Corn
Published January 28, 2021
Harvest is ramping up in South America. Cornbelt Marketing market analyst Sam Hudson expects U.S. corn shipments to improve as more and more Brazilian soybeans reach the ports. "I would expect U.S. soybean shipments to slow down as we get…Continued Demand Keeps Boosting Grain Markets
Published January 27, 2021
Diversified Services market analyst Sterling Smith was a presenter during the Ihry Insurance spring virtual farm meeting and current market conditions were part of the conversation. Continued demand boosted the grain markets and featured massive corn sales to China. There…Farmers Need to Be Part of the Bullish Market
Published January 13, 2021
Bull markets don’t happen often and Advanced Trading Risk Management Advisor Tommy Grisafi thinks farmers need to be part of this one. "One of the greatest benefactors of this soybean rally could be spring wheat," says Grisafi. "Keep an eye…