Articles tagged under: Utterback Marketing
Final U.S. Planted Acres May Look Different than Planting Intentions
Published May 7, 2021
Corn and soybeans continue to fight for acres. Utterback Marketing President Bob Utterback says there is a real psychological scare final planted acres will not match the planting intentions report. "In my historical experience, I've never seen this level of…Grain Markets Still Securing Acres
Published April 26, 2021
The grain markets are trying to secure acres. Utterback Marketing President Bob Utterback says what’s different from other years is the weather premium is in the market before the crop is planted. "This is the first time we've had this…Short-Term Highs Expected Next Few Trading Sessions
Published April 2, 2021
With fewer than expected acres and an already tight carry out, Utterback Marketing President Bob Utterback expects the market to put in a short-term high in the next few trading sessions. "Hold onto your hats, it's not going to be…Easy Money Policies May Bring Headaches
Published March 11, 2021
As the U.S. government passes another COVID stimulus package, Utterback Marketing President Bob Utterback sees easy money policies causing headaches down the road. "As long as the commodity demand remains stable, costs will increase. When costs go up, they're reluctant…Grain Market Holds Onto Demand
Published February 8, 2021
Aside from the upcoming USDA report, Utterback Marketing President Bob Utterback thinks there’s nothing else for the grain market to hold onto except demand. "The talk is China isn't going to slow down in their buying. They're at about 65…Grain Price Boost Gives Farmers Market Opportunity
Published January 8, 2021
The run up in grain prices is giving farmers a chance to market next year’s crop at profitable levels. Utterback Marketing President Bob Utterback says this is the type of market you have to sell into as it’s rising. "Once…Quarterly Stocks Report Shocks Grain Markets
Published September 30, 2020
The USDA sent a shock wave across the grain trade on Wednesday at the release of the Quarterly Stocks Report. "Basically, this is USDA's way of rebalancing the numbers. They brought down domestic stocks to say the crop wasn't as…Grain Prices Expected to Struggle in a Move Higher
Published August 13, 2020
Following a mostly neutral August Supply and Demand Report, Utterback Marketing President Bob Utterback expects grain prices to struggle to move higher. "Seasonally, if we do continue to decline, I think we'll still put an August low in. Then, the…Utterback: Watch for Seasonal Corn Rallies
Published May 13, 2020
USDA’s projection of a very large corn carryout will keep pressure on corn prices. Utterback Marketing President Bob Utterback recommends farmers use seasonal rallies to catch up on corn sales. "I think there's more of a chance corn will try…