mark guildenzoph 07/12/2013 @ 10:46am
Well 20+ cents down is not showing signs of a continued rally. I sold 7 dollar corn in may and 16dollar soybeans in April so I would say that this market is terrible. Late planting and weather issues all over the corn belt makes me believe that this will also be a poor harvest. However every time a report comes out it seems it doesn't matter what the crops are doing everything is speculation. There is no reason for the rally except that the prices should have never fallen this low to begin with. It will be hard to break even with prices this bad its a good thing no one I know even has any grain to sell. With the stock piles thinning hold on to your hats because I for see a lot of disappointed farmers with the conditions of the crops for this harvest.
Market Confusion! By: Roy Smith11/21/2014 @ 6:23am
This week the soybean market is fulfilling one of Murphy’s Laws: “The market will do whatever…
SoyRoy: Take Some Cookies Off of the Table By: Roy Smith11/14/2014 @ 8:49am
The soybean market continues to surprise the traders who feared the worst in September, as the…
A Gimme Dead-Cat Bounce By: Roy Smith11/07/2014 @ 9:25am
In my younger days, I played a little baseball with several farm kids in my community. The effort…