Articles tagged under: Sterling Smith
Markets Bruised by Increased Volatility
Published March 28, 2022
AgriSompo North American market analyst Sterling Smith expects the grain market to consolidate ahead of this week’s stocks and planting intentions reports. "It may a wild and loud consolidated trade. The markets are still a little damaged from all of…Energy Costs Not Going Down In Near Future
Published March 18, 2022
Rising fuel prices are a major concern ahead of spring planting. AgriSompo North America market analyst Sterling Smith says fuel costs will be painful for everyone. "I suspect we're going to see diesel hitting $6 a gallon sometime in the…China’s Corn Cancellation Not Surprising
Published February 4, 2022
China canceled a purchase of 380,000 metric tons of corn Thursday. AgriSompo North America market analyst Sterling Smith wa not surprised. "When you deal with China you have to get used to cancellations." USDA’s weekly export sales were within trade…Epic Acreage Battle Likely
Published October 29, 2021
According to AgriSompo North America market analyst Sterling Smith, input costs will drive the decision process over acreage in 2022. "We are going to have an epic acreage battle if we see strong South American production. That will pressure prices…USDA Nails the September WASDE Report
Published September 12, 2021
AgriSompo North America market analyst Sterling Smith says the USDA nailed the September supply and demand report. "You have to give the survey credit here, because the numbers hit really close. I thought the corn yield was right on the…Critical Weeks Ahead for U.S. Crops
Published July 18, 2021
Traders will be watching weekly crop progress reports for signs of production issues. AgriSompo North America market analyst Sterling Smith says the next two to three weeks will be critical for this crop. "Monday's weekly Crop Progress report from the…Traders are Cautious Ahead of Acreage Report
Published June 25, 2021
USDA will release the Planted Acreage and Quarterly Grain Stocks reports on Wednesday. The Independence Day holiday will follow. AgriSompo North America market analyst Sterling Smith says traders are very cautious. "It all coincides with pollination," he said. "Right now,…USDA’s June Acreage Report Top-of-Mind
Published June 13, 2021
The June USDA Supply and Demand report did not have much for the grain trade. AgriSompo North America market analyst Sterling Smith says all eyes will be on the acreage numbers coming out on June 30. The crop progress and…The Risk is On
Published June 6, 2021
The grain market continues to benefit from general buying. AgriSompo North America market analyst Sterling Smith says dry and hot weather is the big driver, but demand is a factor, too. "Old crop export sales also helped us out along…