Articles tagged under: Tommy Grisafi
Crude Prices Reach Ten-Month High
Published September 15, 2023
Crude oil prices have topped $90 per barrel, which is a ten-month high. Advance Trading Risk Management Advisor Tommy Grisafi said there is some positive news for the farmer with the high energy prices. "For the average consumer, it stinks,"…Outbidding Each Other to Get Through Panama Canal
Published September 4, 2023
Water levels on the Mississippi River are low, impacting barge movement once again this fall. The Panama Canal is also dealing with major restrictions due to very low water levels. Only 32 vessels are allowed to cross each day, down…RRFN Hosting Market Outlook Forums
Published September 3, 2023
Join the Red River Farm Network at the Big Iron Farm Show in West Fargo on September 12-14. Each afternoon, RRFN hosts industry-leading market analysts for a conversation about the markets. The analysts on the stage include Jerry Gulke, Tommy…A Different Mindset
Published August 27, 2023
The dramatic ups and downs in the corn market may be in the rearview mirror for a while. Advance Trading Risk Management Advisor Tommy Grisafi says that requires a different mindset. "There's farmers that had a cost of production of…Back to the Basics
Published August 14, 2023
With high interest rates, there are few places in the world that can afford $7 corn, but will be ready buyers when corn is at $4.50 per bushel. Advance Trading Risk Management Advisor Tommy Grisafi says lower prices will stimulate…The Bull Pen
Published July 31, 2023
In this monthly conversation about the markets, Advance Trading Risk Management Advisor Tommy Grisafi discusses interest rates, weather, Ukraine and more. The Bull Pen report can be found online.Yield Adjustments Anticipated
Published July 6, 2023
USDA will release its next crop production report Wednesday. In the last report, the Agriculture Department forecast corn yields at 181.5 bushels per acre and soybeans at 52 bushels per acre. Advance Trading Risk Management Advisor Tommy Grisafi said lower…Markets Start the Week Higher
Published June 26, 2023
Wheat, corn and soybean futures all traded higher in the overnight trade. The coup attempt has traders concerned about Russia’s ability to export wheat. The next deadline for the Black Sea Grain Initiative is coming up in mid-July and Russia…A Weather-Driven Market
Published June 19, 2023
According to one veteran trader, we’re in the midst of the busiest, most intense markets of his life. Advance Trading Risk Management Advisor Tommy Grisafi says this is a weather-driven market. "This is not a demand-driven rally, there is a decent…