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Articles tagged under: Summit Commodities

Fewer Corn and Soybean Acres in Dakotas and Minnesota

Published August 12, 2022

USDA’s re-surveyed acreage data from the Dakotas and Minnesota shows 100,000 fewer corn acres. Summit Commodities market analyst Tim Marsh says there's also fewer soybean acres. "Acreage went down nearly 300,000 acres on soybeans when they adjusted for differences in…
Latest NewsMarkets

Grain Markets Trade Lower Tuesday

Published July 19, 2022

Summit Commodities market analyst Tim Marsh says there are a number of factors dragging down the grain markets on Tuesday. "One would be the potential agreement between the Russians and Ukrainians to open up export corridors through the Black Sea,"…
Latest NewsMarkets

Traders Keep a Close Eye on Planting Progress

Published June 6, 2022

Summit Commodities market analyst Tim Marsh is surprised grain markets haven’t paid closer attention to unplanted acres in the Northern Plains. "If you do the math on unplanted acres, there was about 1.75 million acres of corn that wasn't planted…
Latest NewsMarkets

Wheat Prices Trade Limit Up

Published March 5, 2022

Extraordinary geopolitical events bring extraordinary prices. Summit Commodities market analyst Tim Marsh says it’s hard to know how long gyrations in the wheat market will last. "When the market decides something's been determined in Russia and Ukraine, the market will…
Top StoriesLatest NewsMarkets

December USDA Report “As Expected”

Published December 13, 2021

Summit Commodities market analyst Tim Marsh says the December USDA report was as expected. "It's not unusual for the USDA to hit reprint for the supply and demand report on corn and soybeans. We don't have an updated crop production…
Latest NewsMarkets

Stats Can Report Will Offer Insight Into the Wheat Supply

Published November 29, 2021

World fundamentals, including what’s happening with Canada’s drought and rail problems, will influence the wheat markets in the next six months. Summit Commodities market analyst Tim Marsh was watching the results of Friday's Statistics Canada report. "They'll have updated crop…
Latest NewsMarkets

Concern Lingers for La Nina’s Impact on South America

Published November 26, 2021

Despite the decent weather and growing conditions in South America, there are still concerns about the adverse effect of a La Nina as winter progresses. This concern is expected to keep U.S. soybean prices stronger until more is known about…
Top StoriesLatest NewsMarkets

A Smaller U.S. Soybean Yield Possible

Published August 23, 2021

Summit Commodities market analyst Tim Marsh says if there’s any message to take from the Pro Farmer Crop Tour is that the soybean yield may be lower. "I think the soybean yield could come down in the September USDA report,…
Latest NewsCrops

Grain Market Rally Provides Chance to Make Crop Sales

Published June 6, 2021

Summit Commodities market analyst Tim Marsh thinks U.S. corn acreage may turn out higher than the USDA forecasted. "I also think the USDA's corn yield at 179.5 bushels per acre is unrealistic given the lack of subsoil moisture in the…
Top StoriesLatest NewsPolicy

Grain Trader Disappointed with USDA’s New Crop Corn Balance Sheet

Published May 12, 2021

Summit Commodities market analyst Tim Marsh thinks the corn number on the U.S. new crop balance sheet was disappointing. "It came in at about 150 million bushels above the average trade guess and toward the higher end of trade estimates,…
MarketsCrops
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