Articles tagged under: grain markets
Quarterly Stocks Report Shocks Grain Markets
Published September 30, 2020
The USDA sent a shock wave across the grain trade on Wednesday at the release of the Quarterly Stocks Report. "Basically, this is USDA's way of rebalancing the numbers. They brought down domestic stocks to say the crop wasn't as…USDA’s Approach on Crop Report a ‘Head Scratcher’
Published September 29, 2020
According to Zaner Ag Hedge Chief Market Strategist Ted Seifried, it’s the way USDA lowered the quarterly stocks that is surprising. "The USDA didn't lower production really from last year. In fact, they did make marginal changes and revised it,…Demand Continues to Push Grain Markets Higher
Published September 20, 2020
Progressive Ag Marketing market analyst Brian Strommen said demand continued to push the grains higher on Friday. "The corn reached levels last seen in early March. We've moved through resistance and China came in and purchased more corn," said Strommen.…Agriculture in a Post COVID-19 World
Published September 17, 2020
This past spring the world was turned upside down when the coronavirus pandemic hit. COVID-19 will have long-term impacts on the agriculture industry. "It pointed out vulnerabilities we had in the ag and the food chain," said Marc Knisely, CEO,…Production and Demand Tug-of-War in Grain Markets
Published August 22, 2020
Utterback Marketing president Bob Utterback says the grains are caught in a tug-of-war between production and demand. Prevented plant is having an impact on production. "That reconfirms the June acreage numbers. Now, the bear lost the advantage of an acreage…Grain Prices Expected to Struggle in a Move Higher
Published August 13, 2020
Following a mostly neutral August Supply and Demand Report, Utterback Marketing President Bob Utterback expects grain prices to struggle to move higher. "Seasonally, if we do continue to decline, I think we'll still put an August low in. Then, the…Big U.S. Crop May Offset Concern in Drier Areas
Published August 10, 2020
The latest drought monitor map continues to show the driest areas of Iowa expanding. U.S. Commodities President Don Roose says grain traders think the big crops will offset the dry areas. "We did get some scattered rains across Iowa, but…Supply Story Keeps Pressure on Grain Markets
Published August 6, 2020
The size of the U.S. crop is outshining export sales. According to Summit Commodities market analyst Tim Marsh, the supply story will continue to keep pressure on the grain markets. Traders are awaiting the details of the USDA August supply…Grain Markets Balance Weather, Crop Size and Demand
Published August 4, 2020
As August begins, grain traders continue to monitor the weather and U.S. crop conditions. "The temperatures are expected to heat up again in a few weeks, but the rain is supposed to come right along with it. That's keeping the…