Corn Matters
In the latest Corn Matters, hear more about an upcoming marketing seminar Minnesota Corn is hosting with Kluis Commodities on Wednesday, October 5.
Articles tagged under: Kluis Commodities
Tar Spot Remains a Problem for Eastern Corn Belt
Farmers in the Eastern Corn Belt are dealing with tar spot. Kluis Commodities market analyst Jacob Burks says the problem is widespread. "In southern Wisconsin we started seeing this at least two years ago. Every year since, this has been…
Basis Levels Weakening Along Mississippi River
Kluis Commodities market analyst Jacob Burks says there are many different factors impacting Mississippi River basis levels, including the port damage at New Orleans. "On the river, we fell 40 cents in one day. Ethanol plants have been holding out…
Volatile Summer Markets
Grain traders are reluctant to take large positions ahead of the planted acreage report. Kluis Commodities market analyst Jacob Burks says weather and acres will drive the market. "The realization when we look at what is actually put in the…
Capture Basis Opportunities
Basis levels across the Northern Plains are unusually firm. Kluis Commodities market analyst Jacob Burks suggests putting offers in above the market to capture the quickly changing basis. "If you have corn in the grain bin, you're in control right…
Competing for Acres
Every year, market analysts talk about the need for one commodity or another to buy acres going into spring planting. What makes this year different is the number of commodities that need to compete for acres. "This year, the acreage…
Grain Prices Need to Increase Enough to Ration Demand
Grain prices will need to climb high enough to ration demand. "The $12 number in the soybeans is being talked about a lot right now," said Jacob Burks, market analyst, Kluis Commodities. "For the corn, $4.50 is being discussed. The…
Traders Prepare for November Supply/Demand Report
Kluis Commodities market analyst Jacob Burks will closely monitor demand in this week's USDA Supply and Demand Report. "Exports, feed and ethanol are all important." The trade is also expecting the USDA to begin ratcheting down yields. "Yield isn't always…
China Needs Soybeans
The soybean market continues to find strength on good demand and ideas of short global supplies. Kluis Commodities hedge consultant Jacob Burks expects demand to continue until the next South American crop is harvested next February. "China's buying right now…
Poor Ethanol Margins Continue
Ethanol margins remain extremely poor with Reformulated Gasoline Blendstock for Oxygen Blending gasoline prices continuing to trade at a discount to ethanol prices. Kluis Commodities market analyst Jacob Burks says the ethanol market has been severely scarred. "There are still…
