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Articles tagged under: Tim Marsh

Unprecedented

Published December 20, 2023

Freight rates are moving higher, increasing the cost of commodities. Tim Marsh, Summit Commodities, describes this as an unprecedented situation. "The Suez Canal in some distress so there are some questions to whether or not we're gonna be able to ship…
Top StoriesLatest NewsMarketsAg Business

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

Traders Start Looking at Prospective Plantings Report

Published March 18, 2022

In less than two weeks, the USDA will release the March Prospective Plantings report. Summit Commodities market analyst Tim Marsh doesn’t anticipate much of an acreage change in the Midwest, but traders are closely watching what happens in the Dakotas.…
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
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