The grain markets seem to be going nowhere lately, which is in part due to record-large yields but also because of the time of year.
President-elect Trump's impact on the U.S. markets is a big one as rumors of hiking interest rates and keeping jobs in the U.S. influence trade.
The increase in the RFS for 2017 has propelled soybean futures to rally significantly in the past few days, making Pro Ag look at this rally and say, should we reward it with some sales?
While exports have been outstanding, we have a lot of product that we need to export this year. It will take a while to whittle down stocks enough to give a significant price rise.
After last week’s USDA report and elections, market attention is now turning toward the South American forecast and planting progress.
This analyst says prices for storage hedges are looking favorable, despite the uncertainty of tomorrow’s WASDE Report and today’s presidential election.
This analyst thinks we've either already bottomed the market in both corn and soybeans, or maybe there is one more push lower left in the market.
Favorable weather is expected for harvest.
This analyst says yields are good, harvest is halfway complete, and now we wait for higher prices.
Harvest continues with perhaps the best crop U.S. farmers have ever had, with soybeans likely to shatter previous record yields by a lot, and corn by a little. Today, after this is written, the USDA report will come out for October with its updates production numbers. The agency has two more reports to get it completely right, the November report and the final January report, so this is another step along the way.