ARTICLES BY MIKE MCGINNIS
Wheat Closes 8¢ Lower, Soybeans Off 5¢ By: 02/08/2016 @ 8:48am

DES MOINES, Iowa (Agriculture.com)— On Monday, the CME Group’s corn, soybean markets never could get traction with the macro-markets plummeting.At the close, the March corn futures settled 3 1/2 cents…

Here's Your Grain Marketing Strategy By: 02/05/2016 @ 11:15am

DES MOINES, Iowa (Agriculture.com)— So, what do you tell a room of farmers, nowadays, about grain marketing? Do you promise them that times won’t always be this bad? Do you comfort them by saying the…

Soybeans, Wheat, Corn Head To The Weekend Weaker By: 02/05/2016 @ 8:49am

DES MOINES, Iowa (Agriculture.com)— On Friday, the CME Group’s corn, soybean, and wheat markets closed lower, spending most of the day under pressure.At the close, the March corn futures settled 2 3/4…

Corn, Soybeans End Lower Thursday By: 02/04/2016 @ 8:53am

DES MOINES, Iowa (Agriculture.com)-- On Thursday, the CME Group's corn and soybean markets closed lower.At the close, the March corn futures settled 2 1/2 cents lower at $3.68 1/2. March soybean futures…

Soybeans Close Nearly a Dime Lower By: 02/03/2016 @ 8:48am

DES MOINES, Iowa (Agriculture.com)— On Wednesday, the CME Group’s corn and soybean markets closed lower due to a lack of bullish news, improved South American crop-weather and U.S. farmer-selling, trade…

Farmers Urged to Be Proactive in Succession Planning By: 02/02/2016 @ 2:34pm

DES MOINES, Iowa (Agriculture.com)—The snowstorm isn’t all that farmers are talking about at this week’s Iowa Power Farming Show. Off the exhibitor floor, how to successfully transition farm ownership to…

Soybeans, Corn Finish Higher Tuesday By: 02/02/2016 @ 8:39am

DES MOINES, Iowa (Agriculture.com)— On Tuesday, the CME Group’s corn and soybean markets close higher.At the close, the March corn futures ended 1 1/4 of a cents higher at $3.72 1/2. March soybean futures…

Corn, Soybean Prices Close Lower By: 02/01/2016 @ 8:56am

DES MOINES, lowa (Agriculture.com)-- On Monday, the CME Group's corn, soybean, and wheat markets trimmed losses but still closed lower.At the close, the March corn futures ended 3/4 of a cent lower at…

Soybeans Close 14¢ Higher Friday By: 01/29/2016 @ 8:48am

DES MOINES, Iowa (Agricuture.com)— On Friday, the CME Group’s corn, soybean, and wheat markets closed up on bargain-buying and short-selling.At the close, the March corn futures settled 6 1/2 cents higher…

China Cancels, Soybeans End 15¢ Lower By: 01/28/2016 @ 9:09am

DES MOINES, Iowa (Agriculture.com)— On Thursday, the CME Group corn, soybean, and wheat markets stay weaker.At the close, the March corn futures settled 3 3/4 cents lower at $3.65 1/2. March soybean futures…

Trade Searches For Corn Demand By: 01/19/2016 @ 9:21am

“Where’s the Beef?” You might remember that catchphrase from the mid-1980’s, right? It was made famous by Wendy’s, the hamburger franchise, in a television advertisement. As inventories build…

Corn, Wheat Close 5¢ Higher Friday By: 01/15/2016 @ 8:55am

DES MOINES, Iowa (Agriculture.com)— On Friday, the CME Group’s soybean market continues to trade lower, while corn and wheat find buyers.At the close, the March corn futures settled 5 1/4 cents higher at…

Soybeans End Up, Wheat Falls By: 01/14/2016 @ 8:59am

DES MOINES, Iowa (Agriculture.com)— On Thursday, the CME Group’s corn, soybean and wheat markets ended mixed, despite the USDA releasing mostly stronger weekly export sales.At the close, the March corn…

Corn, Soybeans Close Up Wednesday By: 01/13/2016 @ 8:52am

DES MOINES, Iowa (Agriculture.com)— On Wednesday, the CME Group’s corn, soybean and wheat markets ended mostly higher. At the close, the March corn futures settled 1 1/4 cents higher at $3.58. March…

USDA Releases Bullish Corn, Soybean Data By: 01/12/2016 @ 11:15am

DES MOINES, Iowa (Agriculture.com)— The U.S. 2015 corn and soybean crop sizes did not increase as much as the trade expected, and the amount of those crops being stored did not build as much either…

USDA Surprises With Smaller Yield Estimates By: 01/12/2016 @ 10:37am

The USDA released its January Crop Production, WASDE, and Grain Stocks reports today causing a bullish reaction from the U.S. markets, initially. In its January Supply/Demand and Crop Production Reports, the…

Corn Starts Weaker, Soybeans Mixed Tuesday By: 01/12/2016 @ 8:52am

DES MOINES, Iowa (Agriculture.com)— On Tuesday, the CME Group’s corn, soybean, and wheat markets trade mixed, ahead of the USDA Reports at 11 a.m. CT.At the open, the March corn futures are trading 1/2…

Corn, Soybeans Stay Weaker Monday By: 01/11/2016 @ 8:54am

DES MOINES, Iowa (Agriculture.com)-- On Monday, the CME Group's corn, soybean, and wheat markets closed weaker, as traders await tomorrow's USDA January Crop Production and Supply/Demand Reports.At…

Get Ready for Next Week's USDA Reports By: 01/08/2016 @ 11:02am

With lagging exports, how big will the end of the marketing year supplies be for U.S. corn? And how much of the old corn and soybean crops are farmers holding on to as of December 1, 2015? The answer to those…

Wheat Closes Up 10¢, Corn Up 4¢ By: 01/08/2016 @ 8:38am

DES MOINES, Iowa (Agriculture.com)-- On Friday, the CME Group's corn, soybean and wheat markets finished the week higher. With freezing temperatures expected in the winter wheat states, that grain market…

Corn, Soybean Markets End Slightly Lower By: 01/07/2016 @ 8:53am

DES MOINES, Iowa (Agriculture.com)-- On Thursday, the CME Group's corn and soybean markets settled lower.At the close, the March corn futures settled 1/4 of a cent lower at $3.53. March soybean futures…

Soybeans Close 7¢ Higher Wednesday By: 01/06/2016 @ 8:37am

DES MOINES, Iowa (Agriculture.com)-- On Wednesday, the CME Group's corn, soybean, and wheat markets end higher.At the close, the March corn futures settled 1/4 of a cent higher at $3.53 1/4. March soybean…

Corn, Soybeans End Slightly Higher By: 01/05/2016 @ 8:47am

DES MOINES, Iowa (Agriculture.com)-- On Tuesday, the CME Group's corn, soybean, and wheat futures remain higher.At mid-session, the March corn futures are trading 2 1/4 cents higher at $3.53. January…

Macro Factors Weigh on Soybeans, Corn By: 01/04/2016 @ 10:14am

DES MOINES, Iowa (Agriculture.com)-- On Monday, the CME Group's corn, soybean, and wheat markets remain caught up in a broad-based sell-off.  Geopolitical issues between Iran and Saudia Arabia have…

Soybeans End 2015 Trading 6¢ Lower By: 12/31/2015 @ 9:02am

DES MOINES, Iowa (Agriculture.com)--On Thursday, the CME Group's corn, soybean and wheat markets ended the year's trading on a lower note.At the close, the March corn futures finished 1/4 of a cent…

Corn, Soybeans Close Weaker Wednesday By: 12/23/2015 @ 8:50am

DES MOINES, Iowa (Agriculture.com)--On Wednesday, the CME Group's corn, soybean and wheat markets finished lower, due to investors positioning themselves ahead of the Christmas holiday.At the close, the…

Soybeans Close 15¢ Higher Friday By: 12/18/2015 @ 8:38am

DES MOINES, Iowa (Agriculture.com)-- On Friday, the CME Group's soybean markets closed sharply higher on short-covering.At the close, the March corn futures settled 1/4 of a cent higher at $3.74 1/2…

Soybeans Turn Higher, Ignore Argentina's Peso Move By: 12/17/2015 @ 9:05am

DES MOINES, Iowa (Agriculture.com)--On Thursday, the CME Group soybean market started lower then turned upward, while corn and wheat followed.The soybean pressure was coming from the Argentine government…

Corn, Soybean Markets Absorb Fed's Rate Hike By: 12/16/2015 @ 3:28pm

DES MOINES, Iowa (Agriculture.com)—On Wednesday, the Federal Reserve did what a lot of investors had anticipated, raised its benchmark target fund rates by one-quarter of a percentage point. This action…

Corn, Soybeans End Lower Wednesday By: 12/16/2015 @ 8:40am

DES MOINES, Iowa (Agriculture.com)-- On Wednesday, the CME Group's corn, soybean, and wheat markets finished lower, as the Federal Reserve pushed up its target fund rate by one-quarter of a percentage…

Grain Movement to Move Your Markets By: 12/15/2015 @ 9:25am

For nearly a year, I have had a sticky note on my desk that keeps getting my attention. This sticky note even survived a move by our entire staff from one side of the office building to the other. Usually…

Soybeans Close 7¢ Lower Tuesday By: 12/15/2015 @ 8:48am

DES MOINES, Iowa (Agriculture.com)--On Tuesday, the CME Group's corn, soybean and wheat markets finished lower.At the close, the March corn futures settled 1 3/4 cents lower at $3.77 1/4. January soybean…

Corn, Soybeans Close Stronger Monday By: 12/14/2015 @ 8:51am

DES MOINES, Iowa (Agriculture.com)-- On Monday, the CME Group's corn, soybean, and wheat closed higher, with a lack of bearish news to pressure.At the close, the March corn futures settled 3 3/4 cents…

Soybeans Close 7¢ Lower Friday By: 12/11/2015 @ 8:51am

DES MOINES, Iowa (Agriculture.com)-- On Friday, the CME Group's corn, soybean and wheat markets finished lower, in conjunction with a broad-based market sell-off Friday.At the close, the March corn…

Cattle Market Implodes, Challenges Ahead, Analysts Say By: 12/10/2015 @ 2:25pm

Why do people want to go into the store and buy a steak, when chicken and pork are much cheaper? That mentality is backing up the beef supply and is the exact reason, along with weaker exports, given for a…

Corn, Soybean Prices Finish Higher Thursday By: 12/10/2015 @ 8:48am

DES MOINES, Iowa (Agriculture.com)-- On Wednesday the CME Group's corn, soybean and wheat markets all finished stronger.At the close, the March corn futures settled 5 1/2 cents higher at $3.79 1/4…

USDA/WASDE Reports Seen As No Surprise By: 12/09/2015 @ 10:49am

On Wednesday, the USDA raised U.S. corn carryout, leaving soybean stockpiles unchanged. Initially, the market reacted negatively at 11:00, but ended the session mostly higher. At the close, the March corn…

Soybeans End Unchanged, Corn Higher Wednesday By: 12/09/2015 @ 9:07am

DES MOINES, Iowa (Agriculture.com)-- On Wednesday, the CME Group's corn, soybean markets traded both sides of unchanged only to close mostly higher, as a result of bearish USDA/WASDE Reports.See full…

Will USDA Drop Brazil's Soybean Output Wednesday? By: 12/08/2015 @ 2:10pm

The corn and soybean markets could have a significant reaction to Wednesday’s USDA/WASDE December Reports.Why?Mainly due to the interest in the agency’s latest estimate on the U.S. corn and soybean…

Soybeans Extend Losses Tuesday By: 12/08/2015 @ 9:05am

DES MOINES, Iowa (Agriculture.com)--On Tuesday, the CME Group's soybean market closed lower, as traders positioned themselves ahead of tomorrow's USDA December Supply/Demand Reports.So far this week…

Soybeans Drop Double-Digits Monday By: 12/07/2015 @ 8:55am

DES MOINES, Iowa (Agriculture.com)-- On Monday, the soybean complex closed sharply lower, while wheat closed slightly higher. At the close, the March corn futures settled 8 1/2 cents lower at $3.73…

Soybeans Jump Over $9 Mark Friday By: 12/04/2015 @ 9:51am

DES MOINES, Iowa (Agriculture.com)--On Friday, the CME Group's soybean market closed above $9.00.At the close, the March corn futures settled 4 1/2 cents higher at $3.81 1/2. January soybean futures…

Corn, Soybeans Drop Wednesday By: 12/02/2015 @ 9:20am

DES MOINES, Iowa (Agriculture.com)--On Wednesday, the CME Group's corn and soybean markets trade weaker.At 9 a.m., the March corn futures are trading 2 3/4 cents lower at $3.71. January soybean futures…

Soybeans Close 8¢ Higher Tuesday By: 12/01/2015 @ 9:09am

DES MOINES, Iowa (Agriculture.com)--On Tuesday, the CME Group's corn, soybean markets closed higher.At the close, the March corn futures settled 1 1/2 cents higher at $3.73 3/4. January soybean futures…

EPA Raises RFS Volume Requirements By: 11/30/2015 @ 2:14pm

DES MOINES, Iowa (Agriculture.com)—On Monday, the Environmental Protection Agency announced it was raising the Renewable Fuels Standard, opening the window for more corn to be used for ethanol…

Soybeans, Corn End Higher Monday By: 11/30/2015 @ 8:59am

DES MOINES, Iowa (Agriculture.com)--On Monday, the CME Group's corn and soybean markets closed higher on short-covering.At the close, the March corn futures settled 5 cents higher at $3.72 1/4. January…

2016 Basis Prices Vary Widely Depending on Region By: 11/25/2015 @ 2:24pm

This marketing year, farmers who are looking to pick up a few more cents per bushel for their corn and soybeans may want to look no further than their local cash basis market. With very little movement…

Soybeans Close 11¢ Higher Wednesday By: 11/25/2015 @ 8:48am

DES MOINES, Iowa (Agriculture.com)--On Wednesday, the bulls stole the feast from the bears, with the CME Group's soybean market staging a rally.At the close, the March corn futures finished 3 1/4 cents…

Soybeans, Corn End Lower Tuesday By: 11/24/2015 @ 8:50am

DES MOINES, Iowa (Agriculture.com)-- On Tuesday, the CME Group's corn, soybean and wheat markets closed lower.At the close, the March corn futures settled 3 1/2 cents lower at $3.69 1/2.  January…

Soybean Prices End Up, Ignoring Argentine News By: 11/23/2015 @ 11:55am

DES MOINES, Iowa (Agriculture.com)-- On Monday, the CME Group's soybean market rallied to close higher, despite bearish news out of Argentina.At the close, the March corn futures settled 3 1/4 cents…

Introducing #StayFarming By: 11/23/2015 @ 10:16am

Many U.S. farmers could use some positive reinforcement right now. Perhaps Ralph Marston, a modern-day motivational writer, says it best: “You’ve done it before, and you can do it now. See the…

Corn, Soybeans Close Lower Friday By: 11/20/2015 @ 8:39am

DES MOINES, Iowa (Agriculture.com)-- On Friday, the CME Group's corn, soybean, and wheat markets ended lower.At the close, the Dec. corn futures settled 1 cent lower at $3.63 1/4.  January soybean…

Corn, Soybeans Close Higher Thursday By: 11/19/2015 @ 8:40am

DES MOINES, Iowa (Agriulture.com)--On Thursday, the CME Group's corn, soybean markets used strong weekly export results to finish higher.At the close, the Dec. corn futures settled 2 1/2 cents higher at…

Corn, Soybean Markets Close Lower Friday By: 11/13/2015 @ 8:40am

DES MOINES, Iowa (Agriculture.com)-- On Friday, the CME Group's corn, soybean and wheat markets settled lower, with pressure from crop-favoring weather in Brazil.At mid-session, the Dec. corn futures are…

Corn, Soybeans Close Higher Wednesday By: 11/11/2015 @ 8:53am

DES MOINES, Iowa (Agriculture.com)--On a slow volume trading day, due to the Veterans Day Holiday, the CME Group corn, soybean and wheat markets closed higher.At the close, the Dec. corn futures settled 3 1/4…

USDA Says Big Crops, Markets End Lower By: 11/10/2015 @ 11:22am

DES MOINES, Iowa (Agriculture.com)—The U.S. 2015 corn and soybean crops keep getting bigger, according to the USDA Tuesday. As a result, the CME Group’s corn and soybean markets have turned lower.At the…

Wheat Ends 21¢ Lower Monday By: 11/09/2015 @ 8:59am

DES MOINES, Iowa (Agriculture.com)--Ahead of tomorrow's USDA November Supply/Demand Report, the CME Group's corn and wheat markets closed lower Monday. At the close, the Dec. corn…

Wheat Closes Up 9¢ Wednesday By: 11/04/2015 @ 8:41am

DES MOINES, Iowa (Agriculture.com)-- On Wednesday, the CME Group soybean and wheat markets closed higher, while corn wavered.At the close, the Dec. corn futures settled unchanged at $3.80 1/2.  Nov…

Corn, Soybean Markets Find Buyers Tuesday By: 11/03/2015 @ 8:54am

DES MOINES, Iowa (Agriculture.com)--On Tuesday, the CME Group's corn, soybean, and wheat markets all ended higher.At the close, the Dec. corn futures settled 4 cents higher at $3.80 1/2.  Nov…

Corn Ends 5¢ Lower Monday By: 11/02/2015 @ 8:39am

DES MOINES, Iowa (Agriculture.com)--With harvest season wrapping up, funds lightening up on ag commodities and fresh soybean demand being ignored, the CME Group's corn, soybean and wheat markets closed…

Soybeans Settle Up 6¢ Tuesday By: 10/27/2015 @ 8:37am

DES MOINES, Iowa (Agriculture.com)--On Tuesday, the CME Group's soybean market closed higher, corn lower.At the close, the Dec. corn futures settled 4 1/2 cents lower at $3.80.  Nov. soybean futures…

Rain to Delay End of Corn Belt Harvest By: 10/26/2015 @ 2:24pm

Though it’s almost completed, the remaining Corn Belt harvest activity will be delayed this week by rain.“The rains that hit the Delta, over the weekend, will stretch across the Midwest Tuesday and…

Corn, Wheat End Higher Monday By: 10/26/2015 @ 8:39am

DES MOINES, Iowa (Agriculture.com)--On Monday, the CME Group's wheat market reacts positively to the rain-soaked event, this weekend, in the southern Plain State's wheat crop. Soybeans dropped…

Corn Closes Slightly Higher Friday By: 10/23/2015 @ 8:50am

DES MOINES, Iowa (Agriculture.com)--On Friday, the CME Group's corn, soybean, and wheat markets closed mostly lower.At the close, the Dec. corn futures settled 1 3/4 cents lower at $3.79 3/4.  Nov…

Soybeans Close Lower Thursday By: 10/22/2015 @ 8:48am

DES MOINES, Iowa (Agriculture.com)-- After starting higher, the CME Group's soybean market ended lower.At the close, the Dec. corn futures settled 2 1/2 cents lower at $3.78 1/4.  Nov. soybean…

Soybeans Close 9¢ Higher By: 10/21/2015 @ 8:51am

DES MOINES, Iowa (Agriculture.com)-- On Wednesday, the CME Group's corn and soybean markets closed higher.At the close, the Dec. corn futures settled 4 cents higher at $3.80 3/4.  Nov. soybean…

Corn, Soybeans Settle Higher By: 10/20/2015 @ 8:51am

DES MOINES, Iowa (Agriculture.com)--On Tuesday, the CME Group's corn, soybean and wheat markets all closed stronger, after trading higher throughout the session.At the close, the Dec. corn futures settled…

USDA: Corn Harvest Moving Forward, Quality Remains Stagnant By: 10/19/2015 @ 3:22pm

DES MOINES, Iowa (Agriculture.com)--On Monday, the USDA pegged the U.S. corn and soybean harvest paces slightly behind the trade’s expectations, but well ahead of a week ago. Crop condition ratings remain…

Corn, Soybean Markets Finish Lower By: 10/19/2015 @ 8:41am

DES MOINES, Iowa (Agriculture.com)--On Monday, the CME Group's corn, soybean, and wheat markets never could find traction.At the close, the Dec. corn futures settled 3 3/4 cents lower at $3.73.  Nov…

Corn Closes Slightly Higher Friday By: 10/16/2015 @ 12:21pm

DES MOINES, Iowa (Agriculture.com)—On Friday, the corn market ended slightly higher, while wheat and soybeans settled lower. A sell-off, sparked by favorable harvest weather and profit-taking, is weighing on…

Hard Frost to End Midwest Growing Season By: 10/15/2015 @ 2:36pm

DES MOINES, Iowa (Agriculture.com)—Frost on the pumpkin and fragile hydrangea’s, and that may be the only impact of frost/freeze temperatures expected across the Corn Belt tonight and tomorrow. With…

Soybeans Turn, End Lower By: 10/15/2015 @ 8:47am

DES Moines, Iowa (Agriculture.com)--On Thursday, the CME Group's soybean market remains slightly higher, while corn is down.At the close, the Dec. corn futures settled 3 1/2 cents lower at $3.75…

FSA Updated Acreage to Be Ignored, Analyst Says By: 10/14/2015 @ 2:09pm

On Wednesday, the Farm Service Agency released updated U.S. 2015 planted acreage estimates.For corn, U.S. farmers planted 84.810 million acres. For soybeans, the FSA pegged planted acreage at 81.07…

Grain Trade Eyes Fed's Next Move By: 10/14/2015 @ 2:00pm

DES MOINES, Iowa (Agriculture.com)—Market participants have a lot to keep track of this time of the year. And now, there’s even a new factor the grain trade has to worry about in 2015, and that’s…

All Farm Markets Close Lower By: 10/14/2015 @ 8:49am

DES MOINES, Iowa (Agriculture.com)--On Wednesday, the CME Group's corn, soybean and wheat markets trade mixed.At midsession, the Dec. corn futures are trading 3 1/2 cents lower at $3.81. Nov. soybean…

USDA: Nation's Corn Harvest Pace Doubles By: 10/13/2015 @ 3:14pm

DES MOINES, Iowa (Agriculture.com)--On Tuesday, the USDA pegged the U.S. corn crop still less than half harvested, although the activity doubled since last week. Soybean cutting speeds ahead of normal. Crop…

Soybeans Close 26¢ Higher Tuesday By: 10/13/2015 @ 8:39am

DES MOINES, Iowa (Agriculture.com)--On Tuesday, short-covering and greater demand helped the CME Group soybean market surge to a double-digits higher finish.At the close, the Dec. corn futures finished 3 3/4…

Soybeans Close Slightly Higher Monday By: 10/12/2015 @ 9:24am

DES MOINES, Iowa (Agriculture.com)--On Monday, the CME Group's soybean market gave back most of its gains, but still finishing slightly higher.At the close, the Dec. corn futures settled 2 cents lower at…

Soybeans Close 4¢ Higher By: 10/09/2015 @ 9:01am

DES MOINES, Iowa (Agriculture.com)--On Friday, the CME Group's soybean market closed positively to the USDA/WASDE Report. The government lowered U.S. soybean harvested acreage by 1.1 million vs. its…

SF Launches Newsletter for Grain Marketing By: 10/08/2015 @ 2:37pm

As everyone else tries to predict the next dip, turn, or bubble in the farm markets, Successful Farming magazine is launching a monthly printed newsletter titled Successful Marketing to help farmers with…

U.S. Grain, Soybean Carryouts Drop By: 10/08/2015 @ 12:19pm

DES MOINEA, Iowa (Agriculture.com)--In all cases, the USDA raised the U.S. corn, soybean, and wheat carryouts above the trade's expectations Friday, but lower than its previous estimates.In its October…

WASDE: U.S. Soybean Harvested Acreage Falls By: 10/08/2015 @ 12:02pm

DES MOINES, Iowa (Agriculture.com)--The USDA lowered the U.S. 2015 corn and soybean production estimates from its September estimate. However, yield estimates were raised slightly.In its WASDE October Report…

Soybeans Drop 10¢ Thursday By: 10/08/2015 @ 8:51am

DES MOINES, Iowa (Agriculture.com)--On Thursday, the CME Group's corn and soybean markets closed lower, as traders positioned themselves ahead of tomorrow's USDA report. On Friday, the USDA will…

Trade Eyes Acreage Cuts in Friday's USDA Data By: 10/07/2015 @ 1:57pm

DES MOINES, Iowa (Agriculture.com)—The farm markets will get a new ‘number’ to trade Friday. And, most are hoping it’s a market-friendly USDA October Supply/Demand Report. The report will be released…

Soybeans, Corn Finish Mixed Wednesday By: 10/07/2015 @ 8:45am

DES MOINES, Iowa (Agriculture.com)--On Wednesday, the CME Group's corn and soybean markets diverged. At the close, the Dec. corn futures settled 2 1/2 cents lower at $3.95 3/4.  Nov. soybean futures…

Wheat Closes Up 10¢, Corn 4¢ By: 10/06/2015 @ 8:46am

DES MOINES, Iowa (Agriculture.com)--On Tuesday, the CME Group's corn, soybean, and wheat markets closed higher.  At the close, the Dec. corn futures settled 4 3/4 cents higher at $3.98 1/4. …

USDA: U.S. Soybeans Nearly Half Harvested By: 10/05/2015 @ 4:09pm

DES MOINES, Iowa (Agriculture.com)--On Monday, the USDA pegged the U.S. corn crop condition rating as unchanged from a week ago, while soybeans improved. In its weekly Crop Progress Report, the USDA reported…

Soybeans End 10¢ Higher Monday By: 10/05/2015 @ 8:49am

DES MOINES, Iowa (Agriculture.com)--On Monday, the CME Group's soybean market rallie to a double-digits close.  At the close, the Dec. corn futures settled 4 1/4 cents higher at $3.93 1/2. …

Corn Closes Slightly Higher By: 10/02/2015 @ 8:38am

DES MOINES, Iowa (Agriculture.com)--On Friday, the CME Group's corn market closed slightly higher, while soybean and wheat markets dropped.  At the close, the Dec. corn futures settled 1/2 of a cent…

Soybeans Close 14¢ Lower By: 10/01/2015 @ 9:01am

DES MOINES, Iowa (Agriculture.com)--On Thursday, the CME Group's soybean market has turned lower, after starting higher. Corn started lower and has turned higher. At the close:The Dec. corn futures…

NASS Data Helps Wheat, Soybeans Close Higher By: 09/30/2015 @ 11:16am

DES MOINES, Iowa (Agriculture.com)—The U.S. corn stocks continue to build, soybean stocks drop, according to the USDA Wednesday.As a result, the CME Group’s corn market reacted slightly negative; soybean…

Soybeans Jump Up 4¢ Wednesday By: 09/30/2015 @ 8:52am

DES MOINES, Iowa (Agriculture.com)--On Wednesday, the CME Group's corn, soybean and wheat markets trade higher. At the open, the Dec. corn futures are trading 1 1/2 cents higher at $3.90 1/2.  Nov…

Soybeans End Up 7¢, Stocks Report Is Next By: 09/29/2015 @ 9:01am

DES MOINES, Iowa (Agriculture.com)--On Tuesday, the CME Group's soybean market used weakening crop ratings and chart signals to close higher.At the close, the Dec. corn futures finished 2 1/4 cents higher…

Corn, Soybean Prices Seen Slightly Lower Tuesday By: 09/29/2015 @ 6:19am

On Tuesday, the CME Group's corn, soybean, and wheat markets are expected to start lower. The early calls for the commodities on Tuesday, September 29, 2015, are weaker. Corn is seen opening 2 to 4…

USDA: Soybean Harvest Speeds Up, Corn Slows By: 09/28/2015 @ 3:29pm

DES MOINES, Iowa (Agriculture.com)—The U.S. soybean harvest speeds ahead of a five-year pace, while corn picking lags behind. Meanwhile, crop conditions remain little to shout about, according to the…

Soybean Market Closes 12¢ Lower By: 09/28/2015 @ 8:46am

DES MOINES, Iowa (Agriculture.com)--On Monday, the CME Group's corn, soybean, and wheat markets ended lower. After a sharp rally Friday, the soybean market is ignoring today's USDA news of fresh…

Soybeans Closed 21¢ Higher Friday By: 09/25/2015 @ 8:43am

DES MOINES, Iowa (Agriculture.com)--The ceremonial soybean purchase agreements from the Chinese delegation, this week, continues to support the soybean market.At the close, the Dec. corn futures settled 7 1/2…

Soybeans Get Boost From China's Purchase Agreements By: 09/24/2015 @ 8:52am

DES MOINES, Iowa (Agriculture.com)--On Thursday, the CME Group's corn, soybean, and wheat markets closed mixed. Soybeans gained strength from China's signed agreements for billions of dollars of U.S…

3 Big Things Today, September 24 By: 09/24/2015 @ 7:18am

Corn and Soybean Markets MixedCorn and soybean futures were mixed overnight as traders and analysts can’t seem to figure out if this year’s crop will be average or excellent. While early yield results…

Wheat Ends 12¢ Higher By: 09/23/2015 @ 6:55am

DES MOINES, Iowa (Agriculture.com)--On Wednesday, the CME Group's wheat markets closed double-digits higher, due to unfavorable planting and growing weather around the world.At the close, the Dec. corn…

Soybeans Drop Double-Digits Tuesday By: 09/22/2015 @ 7:39am

DES MOINES, Iowa (Agriculture.com)--On Tuesday, the CME Group's corn, soybean, and wheat markets closed weaker due to a risk-off movement and a falling Brazilian currency.At the close, the Dec. corn…

Corn Belt Skies to Clear for Corn Harvest Activity By: 09/18/2015 @ 1:21pm

With U.S. farmers staring straight down the harvest barrel, the upcoming weather is on their minds. Dan Hicks, Freese-Notis Weather Inc. lead meteorologist, says that Mother Nature could smile on the Corn Belt…

FSA Acres Push Farm Markets Lower By: 09/16/2015 @ 9:19am

DES MOINES, Iowa (Agriculture.com)--On Wednesday, the Farm Service Agency's updated U.S. acreage estimates sent the CME Group's farm markets lower.At the close, the Dec. corn futures settled 4 1/2…

USDA: Corn Harvest Pace Slows, Soybeans Degrade By: 09/14/2015 @ 3:19pm

DES MOINES, Iowa (Agriculture.com)—The U.S. corn harvest falls behind, while the soybean crop condition ratings worsen, according to the USDA Monday.In its Weekly Crop Progress Report, the USDA pegged the…

Video: Early Harvest Weather Could Delay Activity Soon By: 09/04/2015 @ 12:50pm

Combines have been rolling this week in the southern portion of Corn Belt states. However Dan Hicks, Freese-Notis Meteorologist, sees the early harvest weather turning unfavorable through mid-September. Soon…

USDA: Corn, Soybean Crop Conditions Sputter By: 08/31/2015 @ 4:00pm

The condition of the U.S. corn crop is having a tough time moving forward, according to the USDA. Meanwhile, the soybean crop conditions are only holding steady.For the trade, the report still did not show…

Corn, Soybean Crops Finish With Favorable Weather By: 08/26/2015 @ 7:38am

For Midwest weather, the month of August and the start of September look to be mild and dry, with the exception of a few rain events.For the rest of the week, most of the Midwest will experience warm and dry…

U.S. Corn Harvest Weather Seen Mixed By: 08/21/2015 @ 10:17am

DES MOINES, Iowa (Agriculture.com)—As the corn and soybean crops finish their growing seasons, all eyes turn toward the U.S. fall harvest weather. Dan Hicks, Freese-Notis Weather Inc. senior meteorologist…

CME Combines Fair Fun With Risk Management By: 08/19/2015 @ 2:22pm

The CME Group wants your kids to learn about risk management, while informing you about new ways to manage fluctuating farm markets. And they are willing to travel to the major Corn Belt state fairs to reach…

USDA: Corn Crop Condition Declines By: 08/17/2015 @ 3:26pm

The U.S. crop condition rating is dropping while soybeans remain unchanged from a week ago, according to the USDA.In its Weekly Crop Progress Report, the USDA pegged the U.S. corn crop at 69% good/excellent…

Good News: Diesel Prices Hit Multiyear Lows By: 08/13/2015 @ 12:16pm

As U.S. farmers digest the bearish USDA data pressuring commodities prices, the energy side of their cost sheets may provide the glimmer of hope.Diesel prices have dipped to their lowest level since May 2009…

USDA Drops Soybeans 62¢, Corn Hits Limit By: 08/12/2015 @ 11:19am

The U.S. corn and soybean crops are getting bigger and the future stockpiles are seen growing, according to the USDA Wednesday.As a result, the CME Group's November soybean futures contract plunged 43¢…

Will USDA Print a 13 Billion-Bushel Corn Estimate? By: 08/11/2015 @ 1:31pm

The trade sees the USDA lowering U.S. 2015 corn and soybean yield and production estimates Wednesday. However, market watchers wonder just how low the USDA will drop output. In its August Supply/Demand and…

Will U.S. Farmers have Enough Grain Storage this Fall? By: 08/10/2015 @ 12:48pm

Using grain bins as a marketing strategy has a lot of appeal this year, as the farm markets hover at or below cost-of-production levels. Some farmers choose to use storage to help capture higher cash basis…

Wet, Dry, Wet For Midwest "Dog Days" By: 08/07/2015 @ 1:52pm

DES MOINES, Iowa (Agriculture.com)--As the month of August enters its second week, the corn, soybean marketwatchers keep one eye on the sky. For the Midwest, a wet-dry-wet pattern seems to be the outlook for…

USDA: Corn Crop Improves, Soybeans Hold Steady By: 07/27/2015 @ 3:19pm

DES MOINES, Iowa (Agriculture.com)—The U.S. corn crop's condition is improving, while the soybean ratings hold steady compared to last week, according to the USDA Monday.In its Weekly Crop Progress…

LP Prices Drop to Multiyear Lows By: 07/22/2015 @ 2:40pm

Heating the farmhouse, machine shed, hog buildings, and grain bins may be the furthest thing from people’s minds in July. However, as liquid propane (LP) prices hit 11-year lows, it could prove beneficial to…

USDA: Corn, Soybean Condition Ratings Improve By: 07/20/2015 @ 3:18pm

DES MOINES, Iowa (Agriculture.com)—Though they remain below year-ago ratings, the U.S. corn and soybean ratings show an improvement on a week-to-week basis, according to the USDA.In its Crop Ratings Report…

USDA: U.S. Soybean Crop Continues to Decline By: 07/13/2015 @ 3:32pm

DES MOINES, Iowa (Agriculture.com)—The U.S. soybean crop continues to deteriorate, while corn maintains its condition rating, according to the USDA Monday.In its weekly Crop Progress Report, the governmental…

SoyRoy: Sell This Corn, Soybean Weather Rally By: 07/13/2015 @ 6:48am

One of the most anticipated moves in the grain markets is what I call the Weather Rally.” Traditionally, this move takes place in the summer when the odds are good for some kind of production risk to…

USDA: U.S. Corn Crop Rating Improves By: 07/06/2015 @ 3:54pm

DES MOINES, Iowa (Agriculture.com)—The U.S. crop condition ratings came in better than expected Monday, putting continued downward pressure on prices.In its Weekly Crop Progress Report, the USDA rated the…

End of an Era for Corn, Soybean Futures: Exchange Goes Silent By: 07/02/2015 @ 9:41am

This Monday, the history of corn and soybean markets will change. After being traded on the floor of the Chicago Board of Trade for 124 years, the yelling and screaming to buy and sell ag commodities futures…

Farmer Celebrates Freedom While Serving 6,300 Miles Away By: 07/01/2015 @ 11:25am

What will you be doing to celebrate your country’s freedom and independence? From 6,300 miles away, Leroy Kline, an Iowa farmer and active member of Agriculture.com’s Marketing Talk discussion forum…

Trade Responds to USDA Bullish Data By: 06/30/2015 @ 10:40am

DES MOINES, Iowa (Agriculture.com)—The amount of U.S. corn and soybean acres planted in 2015 has fallen, while stocks were at the low end of expectations, according to the USDA Tuesday.At 11:43 a.m., the CME…

U.S. Corn, Soybean Conditions Weaken By: 06/29/2015 @ 3:18pm

DES MOINES, Iowa (Agriculture.com)—The U.S. corn and soybean crop conditions drop for a third week in a row, according to the USDA Monday.In its Crop Progress Report, the USDA rated the U.S. corn crop as 68%…

Trade Sees June 1 Corn Stocks Growing By: 06/25/2015 @ 1:08pm

The grain trade is readying itself for one of the biggest USDA reports of the year on June 30. The market participants will be eyeing the government’s take on how many corn and soybean acres U.S. farmers…

DDG Prices Drop, Livestock Producers to Benefit By: 06/24/2015 @ 2:04pm

U.S. dried distillers' grains (DDGs) prices continue to fall, due to China buying less of the ethanol by-product in 2015.The result could become a benefit for U.S. livestock producers and a profit loss…

CME Delays Corn, Soybean Futures Pits Closing Date By: 06/23/2015 @ 5:21pm

DES MOINES, Iowa (Agriculture.com) -- A technical problem with the original filing will delay the closing of the open outcry futures pits in Chicago and New York, according to a CME Group announcement…

U.S. Corn, Soybean Ratings Drop Further By: 06/22/2015 @ 3:53pm

DES MOINES, Iowa (Agriculture.com)—The U.S. corn and soybean crops conditions continue to fall, according to the USDA. On Monday, the government’s Crop Condition Report rated the U.S. soybean…

Market Analysts Review: 6-19-15 By: 06/19/2015 @ 3:30pm

Weather bulls look for next market-moving eventAfter the week's rains across the Midwest, Allendale looks for another event that will move the soybean markets.See the full story El Nino gets a…

Update: Fed Leaves Interest Rates Unchanged By: 06/17/2015 @ 8:04am

On Wednesday, the Federal Reserve’s Open Market Committee voted to maintain status quo of its zero rate mentality developed in late-2008. This decision could be beneficial to agricultural commodity prices…

USDA Drops Corn Condition Rating By: 06/15/2015 @ 3:26pm

DES MOINES, Iowa (Agriculture.com)—The U.S. soybean crop is having the darndest time getting planted, while corn conditions sputter along, according to the USDA.In its weekly Crop Progress Report, the USDA…

Rain to Delay Soybean Planting, Wheat Harvest By: 06/15/2015 @ 7:57am

As flooding occurs in Iowa and Oklahoma Monday, wet weather is the theme expected for the Midwest into late June, according to Freese-Notis Weather Inc. Overnight, over 3.00 inches fell in central Iowa…

USDA Releases Negative Wheat, Corn Data By: 06/10/2015 @ 11:12am

DES MOINES, Iowa (Agriculture.com)—The USDA sees the supply of U.S. soybeans falling, while the corn ending stocks build Wednesday.As a result, the CME Group corn and soybean markets dropped 3 cents, while…

Midwest Rains to Follow Flood Warnings By: 06/10/2015 @ 10:01am

With flood warnings in effect for rivers in three Corn Belt states and more rain on the horizon, soybean planting and wheat harvest delays can be expected this weekend.MIDWEST WEATHERFor the Midwest, today’s…

USDA: Soybean Planting Loses Traction By: 06/08/2015 @ 3:48pm

U.S. soybean planting pace falls behind the five-year average, while the young corn crop condition rating stays idle for the week, according to the USDA.In its weekly Crop Progress Report, the USDA pegged the…

USDA To Deliver Corn Market Blow? By: 06/08/2015 @ 11:54am

With the USDA’s expected move Wednesday to show a rising amount of U.S. corn on-hand, the trade sees continued market pressure.On Wednesday, the USDA June Supply/Demand Report will be released at…

Corn Falls On "Confusing" EPA News, Traders say By: 05/29/2015 @ 10:36am

With the EPA announcement on a new Renewable Fuels Standard Friday signaling little growth for the ethanol industry, going forward, the CME Group corn market is reacting negatively. On Friday, after…

Fund Rallies Ruling The Markets By: 05/22/2015 @ 11:19am

Yes, the wheat market has rallied 60¢ since May 13. And yes, the corn and soybean markets have benefited in a small way. But the rallies are short-lived, supported mainly by the funds covering their…

Long Weekend Can Mean Market Volatility By: 05/22/2015 @ 11:09am

After several corn and soybean contracts mad new lows this week, traders fear the upcoming holiday weekend could provide a volatile return to the electronic markets Monday night. Due to Memorial Day, the CME…

Where's This Market Going? By: 05/20/2015 @ 2:39pm

It may sound like a brainy quote from Yogi Berra when the farm markets are described like this: "The bears are running wild, while the bulls are hibernating. But if comments from analysts, today, are any…

Farmers Face Marketing Against Short Rallies By: 05/19/2015 @ 11:17am

Yes, the wheat market has rallied 60¢ since May 13. And yes, the corn and soybean markets have benefited in a small way. But the rallies are short-lived, supported mainly by the funds covering their…

Old-Crop Soybeans End Higher By: 04/27/2015 @ 8:38am

DES MOINES, Iowa (Agriculture.com)--After starting lower, the CME Group's soybean market finished mixed Monday.At the close, the May corn futures settled 3 3/4 cents lower at $3.60 3/4 per bushel. The Dec…

U.S. Corn Stocks Keep Getting Bigger, USDA Says By: 04/09/2015 @ 9:52am

DES MOINES, Iowa (Agriculture.com)—Though they came in below trade estimates, U.S. corn stocks continue to grow, according to the USDA Thursday.At the close, the May corn futures settled 1 1/4 cents lower at…

Farmers Eye Optimal Corn Planting Dates By: 04/08/2015 @ 10:35am

The early bird gets the worm. That old adage may be challenged as this year’s U.S. corn planting season approaches its optimal April dates.In fact, this weekend may mark the time that the annual early-bird…

Hot Topic: What Are Farmers Thinking? By: 04/01/2015 @ 11:53am

Is there a corn pile building in the U.S. that the market can’t climb? For months, the trade was believing that the end users were chewing through the U.S. corn supply nicely – until yesterday. Now, the…

USDA Data Drops Corn 18¢ Tuesday By: 03/31/2015 @ 10:22am

DES MOINES, Iowa (Agriculture.com)—It’s a big surprise from the USDA Tuesday. The U.S. farmers will plant not as many soybean acreage as expected and more corn than expected. At the close, the…

USDA to Show Record Soybean Plantings? By: 03/30/2015 @ 1:46pm

Will the biggest USDA report of the year show that U.S. farmers will plant more soybeans than ever in 2015 and less corn? That is the consensus amongst many market watchers.On Tuesday, the March Planting…

The Successful Interview: TV's Bachelor Farmer By: 03/19/2015 @ 9:04am

At the encouragement of his sisters, Chris Soules put his name in the hat for the national television dating show, The Bachelor, which had 8 million weekly viewers. He was picked by ABC TV network to be this…

USDA Sees U.S. Corn Stocks Shrinking By: 03/12/2015 @ 10:13am

DES MOINES, Iowa (Agriculture.com)—The U.S. corn stocks will keep getting tighter, heading toward the end of the marketing year, according to the USDA.U.S. REPORT DATAIn its March Supply/Demand Report, the…

USDA: Corn Stocks Tighten By: 03/10/2015 @ 10:16am

DES MOINES, Iowa (Agriculture.com)—The U.S. corn stocks will keep getting tighter, heading towards the end of the marketing year, according to the USDA.As a result, the CME Group corn market traded higher…

USDA Data Can't Support Corn Market By: 03/10/2015 @ 9:06am

DES MOINES, Iowa (Agriculture.com)--With the USDA lowering the U.S. 2014-15 corn ending stocks below trade expectations, the CME Group market traded higher most of the session, but closed lower…

USDA Data Tuesday May Get Looked Over By: 03/09/2015 @ 3:50pm

DES MOINES, Iowa (Agriculture.com)—They may not move the market 'needle’ much. But, some farmers will take any movement that they can get in Tuesday’s USDA Supply/Demand and WASDE Reports at 11am…

SoyRoy: Don't Give Up On the Grain Prices By: 03/09/2015 @ 9:39am

The transition time from winter to spring is always a little strange.This year, it seems to be more strange than usual. We have not had much snow this winter in Cass County, Nebraska. What we have has been on…

March Market Madness is on its Way; Are You Ready?! By: 03/06/2015 @ 11:50am

Though it represents the culmination of the National Collegiate Athletic Association’s (NCAA) season ending basketball tournament, the idea of "madness" in March is just as fitting to describe this month’s…

West Coast Port Congestion Ripples Through Ag Markets By: 02/16/2015 @ 11:40am

Closely tied to an ongoing labor dispute settlement at U.S. West Coast export facilities, U.S. hog prices have dropped to their lowest level since December 2009. In the last three months, CME Group lean hog…

No Help From USDA Data Tuesday By: 02/10/2015 @ 10:18am

The USDA sees the use of corn for ethanol going higher and U.S. soybean stocks getting tighter. Though these fundamental numbers are price-friendly, the market is shrugging off the bullish data. As a…

USDA Data Drops Soybeans 36¢ Monday By: 01/12/2015 @ 10:39am

The U.S. farmers harvested fewer soybean acres than first thought and the soybean stocks, as of Dec. 1, are smaller than previous estimates, according to the USDA and WASDE Reports released this morning…

Market Eyes USDA Feed Usage In Monday's Report By: 01/09/2015 @ 11:22am

How much grain sits in private and commercial storage, as of December 1, 2014? And, how much corn has  been used for feed in the first quarter of the 2014/15 fiscal year? Those seem to be the main…

Grain Marketing Plan Popularity To Return? By: 12/24/2014 @ 5:11am

As crop prices consolidate compared to the last 4 years and production costs fail to fall, some farmers may be asking Santa Claus this year for a grain marketing plan. When the corn market traded in the $7.00…

USDA Data Is Friendly, Soybeans Don't React By: 12/10/2014 @ 10:14am

DES MOINES, Iowa (Agriculture.com)—The strong pace of U.S. exports has encouraged the USDA to tighten the soybean ending stocks for the 2014/15 marketing year, according to this morning’s USDA/WASDE…

Grain Marketing Outlook: 'Equity Preservation' vs. 'Maximizing Opportunity' By: 12/08/2014 @ 8:15am

As crop prices consolidate compared to the last 4 years and production costs fail to fall, some farmers may be asking Santa Claus this year for a grain marketing plan. When the corn market traded in the $7.00…

Corn, Soybeans To Start Lower Wednesday By: 12/03/2014 @ 6:53am

On Wednesday, the CME Group's corn, soybean and wheat markets are expected to start lower. The early calls for the commodities on Wednesday, December 3, 2014, are weaker. Corn is seen opening 2-4…

USDA Corn Yield Is Market Friendly By: 11/10/2014 @ 10:27am

DES MOINES, Iowa (Agriculture.com)—With the USDA estimating a lower corn yield, the CME Group’s corn, soybean markets have turned higher Monday.As a result, the CME Group corn market traded 6 cents higher…

USDA Data Proves Bearish for Corn, Soybeans By: 10/10/2014 @ 10:37am

DES MOINES, Iowa (Agriculture.com)—The U.S. 2014 corn and soybean crop sizes keep getting bigger and bigger, according to the USDA.In its October Supply/Demand Report, the USDA pegged the U.S. 2014 corn…

USDA Bullish Soybean Data Trumped By: 09/30/2014 @ 10:54am

As of September 1, the USDA sees the U.S. soybean and corn stocks getting tighter.In its Quarterly Grain Stocks Report Tuesday, the government lowered its estimates of corn and soybean stocks on-hand.Market…

Outlook: Harvest Weather Seen Favorable, Spotty By: 09/19/2014 @ 11:47am

At least one thing is clear: The Midwest frost threat is no longer a worry (through early October), according to Freese-Notis Weather Inc.What doesn’t seem to be crystal clear is the favorability for…

USDA: Corn Harvest Is 4% Complete By: 09/15/2014 @ 3:40pm

As expected, the U.S. corn and soybean crop condition ratings have been left unchanged from a week ago, according to the USDA Crop Progress Report Monday.For corn, the USDA rated the crop as 74%…

Low Markets For Years? By: 09/12/2014 @ 10:40am

With estimates of record-large crops and the largest corn and soybean ending stocks in nearly a decade, the USDA delivered a blow to the farm markets recently.For farmers, the question now becomes how long…

USDA Data Bearish, Soybeans End 12¢ Lower By: 09/11/2014 @ 10:23am

The U.S. farmers will produce record corn and soybean crops in 2014, creating the biggest ending stocks in many years, according to the USDA. As a result, the CME Group soybean and wheat markets closed…

Summing Up a Head-Scratcher of a Grain Marketing Week By: 08/15/2014 @ 12:46pm

Traders end the week the same way they started it, by scratching their heads. Confusion reigned over the WASDE Report that estimated less of an increase in this year's U.S. corn yield than expected, and…

Depressed Prices Ups Farmer Hedging, CME Says By: 08/13/2014 @ 11:44am

As farm markets tumble, does this cause farmers to use the futures market more or less?Since the USDA's June 30 Crop Production Report, corn prices have fallen 25% and soybean prices 11%. And although…

USDA: Corn Ratings Drop By: 08/04/2014 @ 3:30pm

DES MOINES, Iowa (Agriculture.com)--The U.S. corn ratings dropped from a week ago, while the soybean crop conditions remain the same, the USDA says. In its Weekly Crop Progress Report Monday, the governmental…

China Corn Ban Frustrates U.S. Industry By: 07/29/2014 @ 2:29pm

How can the U.S. regain the China corn import market? That's the question asked and topic talked about the most at this week's U.S. Grains Council delegates meeting.During the morning session, in…

Farmers Are Urged to Adopt Conservation Measures By: 07/28/2014 @ 2:09pm

U.S. farmers need to wake up to adopting conservation measures, world buyers find U.S. corn carries less quality, and railroad companies brace for big crops by adding railcars.Those were the key messages…

Weekly Market Wrap-up: Low Prices Cure Low Prices By: 07/25/2014 @ 12:16pm

  RELATED VIDEO       Low prices, cure low prices. Meaning once the prices hit a certain low, the buyers of grain step in and scoop up the cheaper product…

USDA Confirms Ideal Crop Conditions By: 07/21/2014 @ 8:36am

DES MOINES, Iowa (Agriculture.com)--Ideal crop weather sent CME Group soybean futures to a double-digit close lower and corn to a 3 1/2-year low Monday.The Dec. corn futures closed 6 1/2 cents lower at…

WASDE Data Keeps Pressure on Corn, Soybeans By: 07/11/2014 @ 10:41am

DES MOINES, Iowa (Agriculture.com)--The U.S. is sitting on more corn and soybean stocks than estimated, according to the WASDE/USDA Friday.As a result, the CME Group Dec. corn futures dropped 6 cents, Nov…

Where Is This Market Going? By: 07/02/2014 @ 11:18am

DES MOINES, Iowa (Agriculture.com)--As the month of July gets underway, farmer talk usually centers around pre-corn pollination and the weather. However, this year's obvious topic involves the age-old…

USDA Data Pressures Corn, Soybean Markets By: 06/30/2014 @ 10:09am

DES MOINES, Iowa (Agriculture.com)--The U.S. farmers planted a higher amount of soybeans than the trade expected in 2014, according to the USDA's June Acreage & Quarterly Stocks Reports released…

USDA Data Pushes Farm Markets Down By: 06/11/2014 @ 11:54am

DES MOINES, Iowa (Agriculture.com)--The WASDE June Supply/Demand numbers pushed the CME Group corn, soybean, and wheat markets to a lower close Wednesday.The July corn futures contract settled 4 1/2 cents…

Farmers Face Fading Ideal Planting Dates By: 05/15/2014 @ 11:33am

With the optimal time to plant soybeans either gone or passing soon, many U.S. farmers are rapidly trying to finish corn planting to shift to soybeans. The race is on to get the crop in before the tail end of…

Soybeans End Up On WASDE Data By: 05/09/2014 @ 10:53am

DES MOINES, Iowa (Agriculture.com)--The CME Group soybean market finished strong, while corn and wheat markets closed lower Friday. Meanwhile, the WASDE/USDA data was bearish for the corn market, while soybean…

USDA Releases Market-Friendly Data By: 04/09/2014 @ 10:52am

DES MOINES, Iowa (Agriculture.com)--The supplies of U.S. corn and soybeans, as of this August 31, continue to dwindle, USDA states Wednesday. As a result, the CME Group corn, soybean markets jumped initially…

USDA Data Makes Corn, Soybean Markets Chop By: 03/31/2014 @ 10:54am

DES MOINES, Iowa (Agriculture.com)--The U.S. farmers will plant a little more soybeans than expected and less corn than last year in 2014, according to the USDA. The market reacted positively, right after…

Analysts See Cattle on Feed Increasing By: 03/19/2014 @ 10:22am

The following estimates, as compiled by the Wall Street Journal for the nation's feedyards with a capacity of 1,000 or more head, are in percentages of the year-earlier figure. High and low…

Hog futures notch seventh record high By: 03/11/2014 @ 2:38pm

U.S. hog futures ended the session Tuesday at new all-time highs despite choppy trading throughout the day, as market participants refocused on supply concerns due to a widespread swine virus. April…

USDA data sinks soybeans 39¢ By: 03/10/2014 @ 10:54am

DES MOINES, Iowa (Agriculture.com)--The USDA/WASDE Report Monday lowered the U.S. soybean ending stocks to its second tightest since 1976. Yet, the trade is reacting negatively to the numbers.At the close, the…

Corn falls despite USDA data By: 02/10/2014 @ 10:47am

DES MOINES, Iowa (Agriculture.com)--The U.S. soybean stockpile is not changing, despite strong exports. Corn stocks are falling, according to the USDA's February Supply/Demand estimate Monday.After…

Wheat ends 8¢ higher By: 01/23/2014 @ 8:48am

DES MOINES, Iowa (Agriculture.com)--As the harsh winter continues, fears of wheat crop damage is underpinning the CME Group's wheat prices Thursday.At the close, the March corn futures contract settled 2…

USDA throws corn market a bone By: 01/10/2014 @ 11:20am

DES MOINES, Iowa (Agriculture.com)--By lowering ending stocks estimates, the USDA released market-friendly corn data Friday. As a result, corn ends sharply higher.The March corn futures contract closed 20 3/4…

Q&A: CME Group ag manager Tim Andriesen By: 11/06/2013 @ 10:09am

Q: What is your role?A: I’m responsible for the business part of the CME. In the clearinghouse, risk is managed between the counterparties and trades. And the front-end of that is the actual trading. Within…

3 reasons why corn avoids $3 By: 10/17/2013 @ 7:46am

With the U.S. corn market trading in the mid- to low-$4.00-per-bushel range, and projections of an all-time record crop coming out of the fields, the obvious question is whether the market drops into the $3.00…

USDA sends corn lower By: 09/30/2013 @ 11:12am

As of Sept. 1, the U.S. corn and soybean stocks are estimated to be higher than the trade expectations. As a result, the USDA's data this morning is bearish for most of the farm markets.Discuss the USDA…

Corn falls on USDA data By: 09/12/2013 @ 11:13am

The USDA expects the U.S. 2013 corn crop to drop, but not below the trade's expectations, while the soybean crop is raised compared to previous thoughts.As a result, the CME Group corn and soybean markets…

Join the Successful Farming Marketing Academy By: 09/03/2013 @ 3:04pm

JOIN US: The Successful Farming Marketing Academy We're excited to offer this 12-week marketing class. Folks, I can attest, having taken this course last year, that it is a solid offering of…

Markets have plenty to chew on By: 08/09/2013 @ 9:43am

Though the U.S. is looking at a late harvest, both the market and farmers have a lot to digest in the coming weeks and months. As the corn and soybean crops head toward the middle of August, the consensus is…

USDA data pressure short-lived By: 07/11/2013 @ 11:50am

DES MOINES, Iowa (Agriculture.com)--The U.S. 2013 average corn yield is holding its own, despite the inclement weather, according to the USDA/WASDE Reports released Thursday.As a result, the CME Group corn…

Market curveballs keep coming By: 07/08/2013 @ 2:30pm

The farm markets have been thrown curveballs for months now. For instance, in March the market was told that U.S. farmers would plant a record amount of corn in 2013. That was followed by Mother Nature's…

USDA data drops farm markets By: 06/12/2013 @ 11:23am

DES MOINES, Iowa (Agriculture.com)--The USDA released bearish corn, soybean, and wheat market data Wednesday. In its June Crop Production Report, the USDA increased stockpiles for corn and wheat, while leaving…

Planters rule the market? By: 05/17/2013 @ 12:11pm

As the end of April approached, all the talk was about how slow the U.S. corn planting pace was developing. As the calendar turned to the month of May, the planting pace eventually hit the slowest rate on…

USDA faces March corn stocks pushback By: 04/12/2013 @ 11:36am

Nearly three weeks after the USDA released data that sent the corn market plunging, the discussion surrounding that Quarterly Stocks Report continues. This time, the debate as to how the USDA found more corn…

USDA challenged on March data By: 04/12/2013 @ 10:44am

Nearly three weeks after the USDA released data that sent the corn market plunging, the discussion surrounding that Quarterly Stocks Report continues. This time, the debate as to how the USDA found more corn…

USDA data still smells By: 04/01/2013 @ 2:00pm

What now? That seems to be the obvious question for farmers wondering where the corn and soybean markets will stop falling from those nasty-bearish USDA March Planting Intentions and Quarterly Stocks…

Report sends corn 'limit' down By: 03/28/2013 @ 11:24am

CHICAGO, Illinois (Agriculture.com)--The U.S. farmers will plant 97.3 million acres of corn and 77.1 million acres of soybeans in 2013, according to the USDA. The market is reacting negatively: Corn has…

Farmland poised for more big gains in 2013 By: 03/12/2013 @ 1:13pm

CHICAGO, Illinois (Agriculture.com) -- Flush with cash, many U.S. farmers have already become active this year in purchasing land or paying higher cash rents. Because of the intense buying interests from…

USDA data boosts corn market By: 03/08/2013 @ 11:31am

DES MOINES, Iowa (Agriculture.com)--The USDA released bullish data for the corn market, bearish for soybeans Friday.  In its report, the USDA left the U.S. soybean ending stocks unchanged and lowered…

New trading hours for markets By: 03/05/2013 @ 7:53am

On Tuesday, the CME Group announced proposed changes to its trading hours for grains and oilseed products.  After a survey of 4,000 producers, commercial customers, traders and other industry…

Market 'shoes' to drop By: 03/04/2013 @ 12:33pm

It seems like the market is digesting a lot of information while waiting for the next 'shoe or shoes to drop'. Currently, the market is trading large South American crop estimates, South American…

Brazil's harvest logistical fears realized By: 02/20/2013 @ 8:43am

With a record-large 2013 soybean crop expected, the biggest fear for Brazilian farmers is becoming reality. The logistics of harvesting and transporting the massive amounts of soybeans have reared their ugly…

Wall of soybeans By: 02/14/2013 @ 3:22pm

Domestic production of the 2012-2013 corn and soybean harvest is expected to reach 180.41 million tons, according to Brazil's Ministry of Agriculture.It has been expected for a while, but it looks like it…

WASDE data pressures soybeans By: 02/08/2013 @ 11:21am

DES MOINES, Iowa (Agriculture.com)--The USDA released bearish world soybean data Friday. However, its February Supply/Demand and World Production Reports support for wheat markets.As a result, the soybean…

Argentina's soy crop still big By: 02/07/2013 @ 1:34pm

Despite a dry spell, Argentina's 2012-13 soybean crop will likely come in at a near record 50 million metric tons, up about 25% from last year, the Buenos Aires Cereals Exchange said Thursday. The…

Soybean market to be strong Monday By: 02/04/2013 @ 7:37am

The CME Group corn, soybean and wheat markets will have a stronger  start to them Monday. The early calls for the commodities on Monday, February 4, 2013, are higher. Corn is seen opening 2-4 cents…

Look for steady farm markets Wednesday By: 01/23/2013 @ 7:37am

For Wednesday, the CME Group corn, soybean and wheat markets are expected to trade slightly better. Technical signals favor the corn market, fundamental factors look to support soybeans. South American weather…

Corn jumps on USDA report By: 01/11/2013 @ 11:30am

The USDA released bullish corn, soybean, and wheat data Friday, as less stocks were found to be on hand as of December 1.As a result, the CME Group corn market jumped 23 cents in three seconds, at 11:00 am CT…

Grain market questions galore for 2013 By: 12/28/2012 @ 3:48pm

As 2013 gets set to start, let's look ahead. We could spend all day recapping the unbelievable market events of 2012. But, frankly, as someone who writes market information on a daily and sometimes hourly…

U.S. corn, soy tenders canceled By: 12/27/2012 @ 7:37am

Taiwan Sugar Corp. Thursday canceled a tender to import 23,000 metric tons of U.S. corn and 12,000 tons of U.S. soybeans, citing high prices, trading executives said. TSC was seeking the cargo for…

Markets unimpressed with USDA data By: 12/11/2012 @ 7:49am

The USDA has lowered the amount of U.S. soybeans to be on hand, at the end of the marketing year, while leaving exports, as of August 2013 left unchanged. As a result of a lot of unchanged data in the December…

Across the Editor's Desk: A hot marketing environment By: 11/16/2012 @ 3:26pm

Each year, when you put together your marketing plan, you can easily include estimates of how many acres you'll plant and your historical on-farm yield averages. This yearly data is used for early…

$14-$15 soybean range? By: 11/14/2012 @ 11:04am

With the soybean market taking off nearly $4.00 per bushel in the last 3-months, marketwatchers wonder if the bearish outlook will be turned around while farmers scratch their heads about pricing more old and…

Floor trader shares thoughts on soybeans By: 11/13/2012 @ 9:20am

Every once in a while, I like to pick the brain of one of my favorite sources on the floor of the CME Group, regarding his thoughts on the corn or soybean markets.As of this week's trading, the soybean…

USDA report seen as bearish By: 11/09/2012 @ 7:42am

DES MOINES, Iowa (Agriculture.com)--USDA says the U.S. farmers produced more corn and soybeans in 2012, pushing the Friday CME Group farm markets lower.  As a result, the trade sees the report as bearish…

Be careful interpreting USDA numbers By: 11/08/2012 @ 3:36pm

The USDA reports will be released at 7:30 a.m. CST Friday morning and, once again, the markets will trade through the reports. It will be the last crop estimate of 2012. The market will have to be content with…

Short crop reality hits home By: 10/10/2012 @ 9:00am

As corn harvest nears completion, farmers in the northern Corn Belt are discovering just how much a short crop year will impact on the livestock sector. For instance, Mike Sulzer, a livestock and row-crop…

USDA data seen as bullish corn By: 09/28/2012 @ 7:56am

DES MOINES, Iowa (Agriculture.com)--The U.S. grain stocks continue to tighten, with the corn and soybean inventories the most concerning, according to the USDA. In its Quarterly Grain Stocks and Small…

USDA data surprises corn trade By: 09/12/2012 @ 7:50am

The U.S. farmers will raise slightly less corn than previously expected and a little less soybeans in 2012, according to the USDA Wednesday. In its September Crop Production Report, the USDA raised the U.S…

U.S. corn supply is secure, USDA's Vilsack says By: 08/17/2012 @ 2:58pm

DES MOINES, (Agriculture.com)--Despite the worst drought in five decades, devastating crops in the country's major producing areas, U.S. corn supply remans intact, according to USDA Secretary Tom…

USDA drops corn yield By: 08/10/2012 @ 8:14am

DES MOINES, Iowa (Agriculture.com)--The U.S. corn and soybean yields continue to get smaller, USDA says Friday. In its August Crop Production and Supply/Demand Reports, the USDA data is seen as bullish for the…

Weak crop rating expected, analyst says By: 07/30/2012 @ 3:40pm

DES MOINES, Iowa (Agriculture.com)--The U.S. corn and soybean crops continue to move through their growth stages faster than a year ago, but more importantly their conditions slide further and further in…

What’s in it for me? By: 06/27/2012 @ 3:22pm

It's easy for the U.S. farmer to read a lot about ag-related events occurring around the worked and think of how if could impact his farm. The world production of corn and soybeans is taking on a new…

New trading hours jostle trade By: 05/22/2012 @ 2:59pm

The jury is still out. But, how the new extended grain trading hours will impact the way farmers follow the markets and how analysts help their farmer-customers keep up is still being discussed.After Monday…

Summer cattle outlook By: 05/03/2012 @ 3:47pm

Despite U.S. tight supplies, weaker economics could trump regular summer cattle market factors in 2012, putting pressure on the industry's seasonal price bounce.Beginning in May-June, the industry sees…

CME Group expands e-trading hours By: 05/01/2012 @ 4:54pm

Keeping floor trading hours unchanged, the CME Group announced Tuesday that it will expand electronic trading hours in its CBOT grain and oilseed futures and options beginning Monday, May 14, 2012.  This…

More beans? Rally has farmers pondering the switch By: 04/27/2012 @ 2:38pm

With the CME Group soybean market trading over $15.00 per bushel Friday, can you hear the tractors planting corn idling down, heading to the shed to switch corn out for soybean seed?The falling South American…

Sell, sell, sell? By: 04/20/2012 @ 1:45pm

In recent days the corn market has weakened, trading the fast-paced U.S. planting progress. This is complicating risk management plans, as farmers try to decide old-crop marketing strategies while preparing to…

USDA/WASDE data friendly By: 04/10/2012 @ 8:07am

The U.S. and world corn and soybean stocks tighten, and the South American production falls, according to the USDA/WASDE Reports Tuesday. Corn is seen opening 2-5 cents higher, soybeans are called 10-15 cents…

Economy to drive summer cattle prices By: 04/09/2012 @ 9:10am

Despite U.S. tight supplies, weaker economics could trump regular summer cattle market factors in 2012, putting pressure on the industry’s seasonal price bounce.  Beginning in May-June, the industry…

USDA data soybean friendly By: 03/09/2012 @ 8:00am

DES MOINES, Iowa (Agriculture.com)--The USDA's WASDE Report released market-friendly data for soybean prices Friday.  CME Group floor traders see the Early Call for commodities higher. For corn, the…

Farm futures volume drops By: 03/07/2012 @ 1:24pm

CHICAGO, Illinois (Agriculture.com)--With trade volume off 40% from February 2011 to February 2012, many CME Group floor traders await the 'next big thing' to spark investors. Though the next…

Traders react to USDA report By: 02/09/2012 @ 8:00am

The USDA released neutral-to-friendly data Thursday. In its February World Crop Production and Supply/Demand Reports, the USDA lowered Argentina's corn production estimate further than the trade's…

WASDE data to drop farm markets By: 01/12/2012 @ 8:15am

The USDA released market bearish estimates Thursday. In its January Supply/Demand and Grain Stocks Reports, the government says the U.S. farmers harvested more corn than previous thought. Early calls for the…

My two cents By: 12/16/2011 @ 4:46pm

With all of this talk about Europe and whether a meeting or a summit will produce a debt crisis silver bullet, is your marketing head spinning yet? Mine is. Because of so many negative outside factors…

Traders react to bearish USDA report By: 12/09/2011 @ 8:04am

DES MOINES, Iowa (Agriculture.com)--The USDA/WASDE released bearish data Friday. As a result, the Early Calls for the commodities are seen lower. For corn and wheat, the opening calls are 20-30 cents lower…

Restoring farmers' confidence By: 12/08/2011 @ 3:56pm

There was wrongdoing, and now the process begins to find out the culprit of MF Global Inc. comingling of an estimated $1.2 billion of farmers' and other customers' hedge money. In the spotlight…

Early Calls for commodities By: 11/21/2011 @ 7:20am

With unfriendly outside markets and lower overnight grain trade, the CME Group corn, soybean and wheat markets will start the week's day-trading sessions lower Monday.  The Early Calls for the…

Riding the risk By: 11/17/2011 @ 11:00am

With the price of everything continuing to go higher – crop inputs, futures markets and margins, land prices – a quote that I recently heard from a Chicago commodities broker comes to mind: “Agriculture…

Winter hog markets By: 11/17/2011 @ 10:50am

The winter months can be the worst time of the year for hog prices. This year is expected to be no different. Seasonally, the winter fundamentals include the highest of the year hog slaughter amounts and…

Marketeye hits the road By: 11/07/2011 @ 7:39am

LEXINGTON, Ohio (Agriculture.com)--For weeks, market participants have been wondering what kind of yields eastern Corn Belt farmers would be recording, due to less than ideal growing conditions for crops…

Trade expects lower USDA crop numbers By: 11/04/2011 @ 12:57pm

The USDA is scheduled to release its monthly Crop Production and Supply/Demand Reports next Wednesday, November 9.In general, the trade is expecting the USDA to lower corn and soybean yields in the November…

A Monday rally By: 10/24/2011 @ 6:55am

With follow-through from the overnight markets, combined with optimism from the weekend's meeting on the European debt crisis, a rally is expected with the CME Group farm futures Monday.  The Early…

Winter to chill hog prices, economist says By: 10/19/2011 @ 2:16pm

DES MOINES, (Agriculture.com)--The winter months can be the worst time of the year for hog prices. This year is expected to be no different. Seasonally, the winter fundamentals include the highest of the…

USDA data reaction is mixed By: 10/12/2011 @ 9:42am

DES MOINES, Iowa (Agriculture.com)--The U.S. farmer will produce less corn and less soybeans in 2011 than the trade estimates, according to the USDA Wednesday.  The trade sees the data as slightly…

Mixed grain trade ahead By: 10/11/2011 @ 6:38am

With less support from the outside markets and positioning ahead of Wednesday's USDA Reports, the CME Group farm markets may see mixed trading today. In overnight electronic trading, the Dec. corn…

Grains shoot higher Monday By: 10/10/2011 @ 7:11am

France and Germany's announcement to help the Eurozone secure a financial bailout by the end of the month has underpinned all markets. The Early Calls for the commodities are sharply higher for…

Risk-on pushes up farm markets By: 10/05/2011 @ 7:19am

Unlike the risk-off mentality that this farm market has been fighting lately, there is a risk-on attitude that is expected to support today's prices.   The Early Calls for the commodities are higher…

Greece sinks grains Monday By: 10/03/2011 @ 7:09am

Greece's admission of missed deficit reduction targets has the world markets in a tailspin including the CME Group farm futures Monday. The Early Calls for the commodities are sharply lower for Monday…

USDA releases bearish report By: 09/30/2011 @ 7:55am

DES MOINES, Iowa (Agriculture.com)--The USDA released bearish data Friday. Early Calls for the commodities are lower, traders say. For corn, it is seen opening 10-20 cents lower, soybeans 5-10 cents lower and…

Market eyes USDA data By: 09/30/2011 @ 7:15am

The Early Calls for commodities will be subject to this morning's USDA September Stocks and Wheat Production Reports.  The WASDE data will  be released at 7:30am CST. In overnight electronic…

Farm markets see daylight By: 09/29/2011 @ 7:38am

After a week of continued sell-offs,  the CME Group's commodities prices may be primed for higher trading Thursday.  The Early Calls for commodities are higher Thursday, September 29…

Spec-selling plunges grain close By: 09/28/2011 @ 9:43am

DES MOINES, Iowa (Agriculture.com)--Speculative selling hit the CME Group closing markets like a brick wall Wednesday. The Dec. corn futures settled 21 1/2 cents lower at $6.30 3/4. The Nov. soybean contract…

Lower opening for grains By: 09/28/2011 @ 7:43am

As farmers wonder where the short-lived rally has gone, the CME Group's commodities prices can be expected lower overnight trading Wednesday. The Early Calls for commodities are lowers Wednesday…

Grains close higher By: 09/27/2011 @ 9:42am

DES MOINES, Iowa (Agriculture.com)--Farmer-selling, combined with a lack of buying capped gains on the CME Group farm futures floor Tuesday. The Dec. corn futures settled 4 1/4 cents higher at $6.52 1/4. The…

Higher grain markets to start week By: 09/26/2011 @ 7:06am

DES MOINES, Iowa (Agriculture.com) Despite pressure on soybean prices from better-than-expected yields and 'long' positions being liquidated, the CME Group futures are headed higher for corn and…

Pressure remains for grains By: 09/23/2011 @ 7:06am

DES MOINES, Iowa (Agriculture.com) After a global asset rout yesterday, the CME Group farm futures markets remain under pressure Friday.The Early Calls for commodities are mostly lower Friday, September 23…

Farm markets face sharp drop By: 09/22/2011 @ 7:21am

With the Fed Reserve's announcement Wednesday, on its latest attempt to boost the economy, gaining little support from investors, the CME Group farm markets are expected to get hit hard. Farmers and…

USDA releases bearish report By: 09/12/2011 @ 8:05am

DES MOINES, Iowa (Agriculture.com)--The USDA released bearish data Monday. In its September Supply/Demand and Crop Production Reports, the USDA indicates the U.S. 2011 corn crop is smaller, but equal to the…

How small is the U.S. corn crop? By: 09/02/2011 @ 3:51pm

With a long holiday weekend ahead followed by a short-trading week, the grain traders have already started to look towards the September 12 USDA Crop Report.To help the traders focus, a number of private…

What an Option By: 08/18/2011 @ 3:12pm

CHICAGO, Illinois (Agriculture.com)--Like a kid curiously watching a baseball game from outside the fence but wanting to play, I decided to dip my toes into trading commodities. The next question was what do I…

Drought to shift cattle production By: 08/16/2011 @ 11:08am

CHICAGO, Illinois (Agriculture.com)--A severe drought in the U.S.-South could change the face of the cattle industry for years, one analyst says.  With its driest 10 months ever in a century, Texas is…

Market rewards bullish report By: 08/11/2011 @ 9:38am

CHICAGO, Illinois (Agriculture.com)--The USDA's bullish August Crop Production and Supply/Demand Reports Thursday helped the CME Group farm markets close sharply higher Thursday. The Dec. corn futures…

USDA releases bullish data By: 08/11/2011 @ 9:29am

CHICAGO, Illinois (Agriculture.com)--The U.S. 2011 corn and soybeans crops may be getting smaller, according to the USDA estimates Thursday. In its August Crop Production and Supply/Demand Reports…

CME raises corn limits By: 08/09/2011 @ 11:18am

The CME Group today announced it has received CFTC approval of its proposal to increase daily price limits for corn futures and options. As a result, effective trade date Monday, August 22, 2011, daily price…

An ear full (of corn) By: 07/26/2011 @ 4:04pm

CHICAGO, Illinois (Agriculture.com)--As August approaches, U.S. farmers and their crop consultants turn their attention from corn's pollinating development stage to how well the corn kernels grow on the…

First U.S. corn harvested, yields below normal By: 07/12/2011 @ 12:01pm

Some of this year's first U.S. corn has been harvested in Louisiana. In northcentral Louisiana, early harvest yields are coming in between 12-18% below the average, according to one grain elevator…

Grains' pressured week finally ends By: 07/01/2011 @ 3:21pm

CHICAGO, Illinois (Agriculture.com)--Fresh sales from an 'unknown' buyer Friday has helped old-crop corn prices find higher ground. However, the CME Group new-crop corn market closed sharply lower…

How long will USDA data be traded? By: 06/29/2011 @ 3:35pm

CHICAGO, Illinois (Agriculture.com)--In any given month, the big question for market participants is how long will the fresh USDA data be traded once it's released.On Thursday, the USDA will release the…

USDA releases bearish data By: 06/29/2011 @ 3:34pm

CHICAGO, Illinois (Agriculture.com)--The U.S. farmers planted a lot more corn acres in 2011 than the trade expected, according to the USDA Thursday. In its June Acreage and Quarterly Grain Stocks Reports, the…

Lifespan of USDA numbers debated By: 06/29/2011 @ 12:30pm

CHICAGO, Illinois (Agriculture.com)--In any given month, the big question for market participants is how long will the fresh USDA data be traded once it's released. On Thursday, the USDA will release the…

Outside factors drop farm markets By: 06/24/2011 @ 4:28pm

CHICAGO, Illinois (Agriculture.com)--After starting higher, uncertainty in the outside markets shook the CME Group and soybean markets lower Friday. The July corn futures closed 10 1/2 cents lower at $6.70…

Old-crop corn 'gold' By: 06/14/2011 @ 4:15pm

CHICAGO, Illinois (Agriculture.com)--Already sold out of the majority of old-crop corn, Midwest farmers face a dilemma of marketing portions of this year's crop that is being planted late with threatened…

Bullish USDA corn report, traders say By: 06/09/2011 @ 7:49am

The USDA released bullish data Thursday, pushing down U.S. corn supplies. Early calls for the commodities are called 15-20 cents higher on corn, soybeans are seen opening mixed-to-lower, and 3-5 cents higher…

Got corn? You're golden By: 05/27/2011 @ 1:45pm

CHICAGO, Illinois (Agriculture.com)--Already sold out of the majority of old-crop corn, Midwest farmers face a dilemma of marketing portions of this year's crop that is being planted late with threatened…

VIDEO: Prevented Planting hurdles By: 05/20/2011 @ 12:58pm

DES MOINES, Iowa (Agriculture.com)--The CME Group corn market reached three-week highs on planting concerns Friday. This is intensifying Midwest farmers' plans to stick with original planting intentions…

'It's a disaster' By: 05/16/2011 @ 8:13am

CHICAGO, Illinois (Agriculture.com)--The floodwaters that inundated southeast Missouri and southwest Illinois farmland earlier this month now threaten millions of acres in the rich farming region of the…

WASDE data seen as bearish By: 05/10/2011 @ 4:34pm

CHICAGO, Illinois (Agriculture.com)--The USDA released bearish data Wednesday, by raising the U.S. old-crop corn and soybean endings stocks. See full…

Hog prices rely on Japan By: 05/05/2011 @ 9:44am

U.S. hog farmers are not getting rich this year, much like last year. But late summer/early fall prices may allow them to hold their own, one livestock analyst says.Although weaker domestic pork demand could…

Brazil investments By: 05/05/2011 @ 9:31am

During a recent visit to Brazil, it was apparent the country's economy is on an upswing. In particular, the agricultural sector is enjoying increased government backing, with the highest amount of…

$12 corn: Crazy, but possible By: 04/26/2011 @ 8:25am

CHICAGO, Illinois (Agriculture.com)--At this year’s Commodity Classic conference, at least one market-watcher suggested that a hiccup in the spring/summer crop-weather, causing reduced yields, would cut…

$12 corn: Crazy, but possible By: 04/21/2011 @ 3:32pm

CHICAGO, Illinois (Agriculture.com)--At this year’s Commodity Classic conference, at least one market-watcher suggested that a hiccup in the spring/summer crop-weather, causing reduced yields, would cut…

$12 corn: outrageously possible By: 04/21/2011 @ 3:27pm

CHICAGO, Illinois (Agriculture.com)--At this year’s Commodity Classic conference, at least one market-watcher suggested that a hiccup in the spring/summer crop-weather, causing reduced yields, would cut…

Dust flying: Illinois planters roll By: 04/15/2011 @ 8:34am

LOVINGTON, Illinois (Agriculture.com)--With a string of warm, sunny days this week, farmers in central Illinois have been able to make planting progress. Though Illinois started the week with 4% of its corn…

Trader: No corn rationing yet By: 04/11/2011 @ 3:19pm

CHICAGO, Illinois (Agriculture.com)--Despite the USDA leaving the U.S. 2010-11 corn and soybean ending stocks left unchanged in Friday's report, the market remains nervous that demand threatens tighter…

No signal of corn rationing, trader says By: 04/08/2011 @ 2:56pm

CHICAGO, Illinois (Agriculture.com)--Despite the USDA leaving the U.S. 2010-11 corn and soybean ending stocks left unchanged in Friday's report, the market remains nervous that demand threatens tighter…

Japan demand crucial for hog market By: 04/06/2011 @ 11:15am

U.S. hog farmers are not getting rich this year, much like last year. But late summer/ early fall prices may allow them to hold their own, one livestock analyst says.Although weaker domestic pork demand…

$62 August hog prices seen, analyst says By: 04/05/2011 @ 11:16am

U.S. hog farmers are not getting rich this year, much like last year. But late summer/ early fall prices may allow them to hold their own, one livestock analyst says. Although weaker domestic pork demand…

Trading USDA Reports Instantly By: 03/29/2011 @ 12:04pm

CHICAGO, Illinois (Agriculture.com)--U.S. farmers that don't want to wait until 9:30amCST to trade the USDA Report Thursday, don't have to. As soon as the USDA Planting Intentions Report is…

Demand to outstrip grain supply, traders say By: 03/10/2011 @ 11:16am

Though the USDA released negative numbers Thursday for the grain and soybean markets, sparking a fourth consecutive lower opening, a long-term trend of increasing world consumption provides favorable support…

USDA data releases bearish numbers By: 03/10/2011 @ 7:48am

The USDA released bearish numbers Thursday for corn, soybean, and wheat markets, CME Group grain floor traders say. Based on the numbers, corn is called 3-5 cents lower, soybeans 7-10 cents lower, and wheat…

Early calls for the commodities By: 03/10/2011 @ 6:56am

CHICAGO, Illinois (Agriculture.com)--The pre-opening prices for the CME Group grain commodities for Thursday, March 10, 2011 are subject to the USDA March Supply/Demand Report Thursday to be released at 7:30am…

July/Nov spreads stay popular By: 03/01/2011 @ 2:29pm

It happens every March. But, this year the popular trade of spreading old-crop contracts against new-crop is heightened, with tight old-crop stocks. In its February Supply/Demand Report, USDA…

Selling corn, soy, wheat in Brazil By: 02/25/2011 @ 11:17am

With a delayed harvest in progress due to excessive rainfall, farmers in the northern state of Bahia, Brazil have at least one thing less to worry about, the market. Why? As planting season started, the…

Farmer investment 'welcome' in Brazil By: 02/17/2011 @ 9:45am

BRASILIA, Brazil (Agriculture.com)--There’s been a misunderstanding in Brazil, individual U.S. farmer investors are welcome, fund investors are not, according to Wagner Rossi, Brazil’s Minister of…

Brazil's 'ag frontier' By: 02/14/2011 @ 4:07pm

URUCUI, Piaui (Agriculture.com)—It’s the new ‘New Agricultural Frontier’ of Brazil’s Cerrado. In the 1980’s, the state of Mato Grosso was labeled the area of South America with the greatest…

VIDEO: Business message By: 01/27/2011 @ 3:18pm

As one of a panel of speakers at a winter agricultural marketing meeting recently, it hit me that times have changed.  In the past, these gatherings were littered with speaker after speaker offering up…

Livestock liquidation eyed, analysts say By: 01/13/2011 @ 2:27pm

With the USDA this week tightening U.S. and world grain supplies and lowering production, livestock producers can expect even higher input costs in 2011. The question marketwatchers have is whether this latest…

Grain prices hit 30-month highs By: 01/12/2011 @ 9:37am

CHICAGO, Illinois (Agriculture.com)--After hitting limit-up price-points in the corn and soybean markets, and marking 30-month highs, the prices have backed off slightly, but still closed sharply…

USDA data seen bullish By: 01/11/2011 @ 6:13pm

CHICAGO, Illinois (Agriculture.com)--The USDA released bullish Crop Report data Wednesday, market traders and analysts say. In its January World Agricultural Supply and Demand Estimates (WASDE) Report, the…

Argentina weather shows light showers By: 01/03/2011 @ 8:01am

Argentina Soybean Prospects: Hot, dry weather or just a few light showers through the main growing area during the next 7 days will increase stress to the crop.  SUMMARY- Dry across eastern and…

Corn's hurt, not soy, says Argentine farmer By: 12/29/2010 @ 1:36pm

“What’s driving this market?” That question is often asked when fundamental or technical factors don’t show themselves clearly. And sometimes, when it’s felt that the market force is clearly defined…

USDA drops U.S. grain supplies By: 12/09/2010 @ 3:16pm

CHICAGO, Illinois (Agriculture.com)--The USDA released neutral-to-bearish grain reserve numbers Friday.  In its December Supply/Demand Report, the government agency lowered the amount of U.S. corn and…

What do we know? By: 12/02/2010 @ 10:08am

CHICAGO, Illinois (Agriculture.com)--With so many grain market factors floating around, it's hard to follow everything. So, if you are keeping 'score' at home, here are a few things I'm…

Louise Gartner: Wheat struggles to hold support By: 11/22/2010 @ 7:44am

It was another disappointing week for the grain complex as it was mostly more fund selling to start the week, with any meager attempt to rally only met by more selling and fund liquidation. Wheat could be…

Tim Hannagan: A continued unwinding By: 11/12/2010 @ 4:13pm

Some strange and some not so strange price action occurred since Tuesday.  Wednesday and Thursday saw corn and wheat continue their post USDA crop report profit-taking correction with a Wednesday low on…

China Carries A Big Stick By: 11/12/2010 @ 3:51pm

Following talk of China raising its interest rates to cool its economy, the commodity markets tanked Friday. Specifically, the China news dropped the CME Group corn prices to their daily low limit of 30 cents…

China Carries A Big Stick By: 11/12/2010 @ 3:50pm

Following talk of China raising its interest rates to cool its economy, the commodity markets tanked Friday. Specifically, the China news dropped the CME Group corn prices to their daily low limit of 30 cents…

Bullish USDA data released Tuesday By: 11/09/2010 @ 7:48am

The USDA released bullish data for Tuesday’s CME Group grain markets. The U.S. farmers will grow less corn than expected, the government agency says.In its November Crop Production Report, the USDA pegged…

Video: All eyes on USDA Report By: 11/05/2010 @ 3:28pm

DES MOINES, Iowa (Agriculture.com)--This week's USDA Report is being called the last 'supply-side' snapshot for 2010 crops.Will the government drop the U.S. corn yield, sending 2010 corn…

Ron and Sue Mortensen: It's the Dollar By: 11/05/2010 @ 2:41pm

Today’s sharp move higher in commodity prices can be totally blamed on the dollar and the state of the US economy.  Although a sharply lower dollar can often provoke an upside spike in prices, why was…

2011 Corn contracts exceed $6 By: 11/04/2010 @ 10:35am

CHICAGO, Illinois (Agriculture.com)--The Federal Reserve's $600 billion stimulus plan is pressuring the U.S. Dollar and pushing the CME Group grain markets sharply higher Thursday. While the spot…

VIDEO: Fed's QE2 plan seen pressuring Dollar By: 11/03/2010 @ 8:24am

CHICAGO, Illinois (Agriculture.com)--As the Federal Reserve prepares to announce Wednesday its plan to print more money for the U.S. economy, the stimulus plan is seen pressuring the Dollar. Phil Flynn…

EPA E15 decision gets mixed reviews By: 10/13/2010 @ 3:11pm

The Environmental Protection Agency announced Wednesday a waiver for U.S. gasoline to be blended with 15% ethanol vs. the current 10% in motor vehicles 2007 and newer. Meanwhile, a decision to increase the…

EPA E15 decision gets mixed reviews By: 10/13/2010 @ 3:10pm

The Environmental Protection Agency announced Wednesday a waiver for U.S. gasoline to be blended with 15% ethanol vs. the current 10% in motor vehicles 2007 and newer. Meanwhile, a decision to increase the…

Ron and Sue Mortensen: The carryout is the carryout By: 10/01/2010 @ 9:11am

OK, OK, we’re stuck with it.  The USDA released an ending stocks number for corn Thursday that was shockingly large—1.708 billion bushels.  It will stare us in the face every time we look at…

USDA grain stocks bearish By: 09/30/2010 @ 8:29am

CHICAGO, Illinois (Agriculture.com)--The USDA released mostly bearish grain stocks data Thursday. As a result, the corn market could take the biggest hit. For corn, the USDA estimates stocks at 1.708 billion…

USDA releases mostly bearish stocks data By: 09/30/2010 @ 8:10am

CHICAGO, Illinois (Agriculture.com)--The USDA released mostly bearish grain stocks data Thursday. As a result, the corn market could take the biggest hit. Early calls for corn are 6-8 cents lower…

Ray Grabanski: Corn, soybean markets at pivot-point By: 09/23/2010 @ 10:13am

Corn prices rallied 7 days in a row as of last Friday, marking the potential for a top in that market. So far, that may be confirmed by the recent price action of corn.  We had a downside…

Now $5, do I hear $6 corn, analysts ask By: 09/14/2010 @ 2:05pm

CHICAGO, Illinois (Agriculture.com)--As CME Group corn prices head over $5.00 per bushel there's new talk of $6.00 corn."The crop progress report Monday showed a 1% decline in the corn/soybean…

Louise Gartner: Choppy wheat market By: 09/14/2010 @ 11:59am

The roller coaster price action in wheat continues as the world gets a better handle on production and stocks for wheat but also from the persistent strength in corn which has lent very solid support to the…

VIDEO: Life after USDA reports By: 09/13/2010 @ 2:11pm

CHICAGO, Illinois--(Agriculture.com)--Following any USDA report, traders try to answer the question of what's life going to be like.Based on Friday's government report that lowered 2010 U.S. corn…

Rich Nelson: USDA data remains solid, little change seen By: 09/11/2010 @ 11:21am

Corn: USDA’s report pegged the yield at 162.5 vs. Allendale’s survey at 162.3. First, we want to thank everyone who helped with the Allendale survey. Farmer participation is key and Rich Nelson and staff…

Thomas Elwood: Early livestock commentary By: 09/08/2010 @ 9:17am

Showlists are larger in the south and a bit smaller in the north; overall numbers are up on the week.  Packers have opened with bids of $96.00-$96.50 live and $152 dressed.  Feedlots are still…

CME Group grain markets close higher By: 09/02/2010 @ 10:18am

CHICAGO, Illinois (Agriculture.com)--At mid-session, the CME Group grain markets trade mostly lower, wheat remains higher Thursday.At mid-session, the Dec corn futures are 1 3/4 cents lower at $4.45. The Nov…

Ray Grabanski: Corn is king? By: 09/02/2010 @ 8:17am

While wheat and soybeans continue to languish in its recent ranges for prices, with Dr. Jekyll and Mr. Hyde type trading back and forth, the corn continues to march higher in a steady manner, with no…

Louise Gartner: It's still about weather By: 08/30/2010 @ 3:15pm

Weather remains the key concern for the wheat complex as the Northern Hemisphere tries to wrap up the harvest and the Southern Hemisphere kicks off its growing season. Persistent rains in Germany have…

Big bean yields reported, corn average to above By: 08/26/2010 @ 3:22pm

CHICAGO, Illinois (Agriculture.com)--It's considered an early U.S. harvest and maybe even a fast one. With harvest activity well underway, corn and soybean yields are being reported throughout six states…

Bryan Doherty: Improving prices for grain producers By: 08/20/2010 @ 3:55pm

In recent weeks, prices for wheat, corn and beans moved higher despite continued high crop ratings for both corn and beans. In addition, the USDA report last week indicated that yield for soybeans is estimated…

Rich Nelson: Fundamentally bearish By: 08/20/2010 @ 3:52pm

Corn:  This week the US recorded the largest export sales report in 16 years. Big daily sales were also reported to unknown destination, Egypt, Japan, rumors of China and indications that we have won…

Wheat remains the strong floor leader By: 08/19/2010 @ 9:39am

CHICAGO, Illinois (Agriculture.com)--Profit-taking dropped corn and soybean prices, demand pushes up wheat Thursday. The Dec corn futures settled 4 cents lower at $4.29 1/4. The Nov. soybean contract…

China running low on corn, executive says By: 08/17/2010 @ 7:09am

DJ UPDATE: Grain Executive: China Running Low On Corn ReservesChuin-Wei Yap - DJ - 1 hr 57 mins ago(Adds government reductions in auction volumes, context, corn prices) BEIJING (Dow Jones)--China's corn…

Kevin McNew: Cash grain basis weakens By: 08/13/2010 @ 9:16am

Grain futures continued their ascent to higher territory as the market looks for falling global supplies and increased U.S. exports. However, at home the underlying cash markets continue to show weaker basis…

VIDEO: Acreage battle, wheat prices eyed by analysts By: 08/13/2010 @ 9:02am

World wheat supplies and a battle for acreage in the U.S. become two issues the commodities market will stay focused on, folliowing this week’s USDA August Crops Report, analysts say. In its report, the…

Shorter world wheat supplies bolsters market By: 08/12/2010 @ 12:11pm

DJ UPDATE: Wheat Prices Climb; World Crop Cut Stokes Supply FearsTom Polansek - DJ - 3 mins ago(Adds prices, analyst comments, news of Ukraine blocking some grain exports, and background on corn demand, in the…

Technically, wheat bulls are exhausted By: 08/11/2010 @ 10:05am

DJ Technical Special: Wheat Bulls Exhausted After Big RunupJim Wyckoff - DJ - 1 hr 2 mins agoDecember soft red winter wheat futures at the Chicago Board of Trade late last week scored a fresh 22-month high of…

Bryan Doherty: Buying acres now? By: 08/06/2010 @ 2:27pm

As supplies tighten, commodities may compete with each other for acreage. With the recent sharp rally in wheat prices due primarily to drought conditions in Europe and Russia, wheat futures have made a…

Roy Smith: Pricing one year ahead By: 08/06/2010 @ 2:20pm

I get a lot of questions about pricing grain in the 'out years', 2011 and 2012. In general, I have been cool to the idea. For one thing, I have not done it myself, so I cannot speak from…

Tim Hannagan: Markets could have one more 'leg up' By: 08/06/2010 @ 2:12pm

This week's USDA Weekly Export Sales Report shows the effects of world grain production problems. Wheat exports last week were 854,000 metric tons, up 61% from the four-week average and new crop…

Buyers seek U.S. wheat By: 08/04/2010 @ 11:00pm

DJ UPDATE: Ukraine Cancels Wheat Deals; Buyers Seek US WheatSameer Mohindru - DJ - 5 mins ago(Adds comments, analysis, wheat deal prices)SINGAPORE (Dow Jones)--Ukraine has canceled several wheat export…

Ron and Sue Mortensen: Wheat ban rules the markets By: 08/04/2010 @ 11:00pm

Vladimir Putin announced this morning that there would be an export ban on Russian wheat and grains from August 15th to December 31st.  Ships that are currently loading will be allowed to finish and then…

This year's U.S. corn crop to be highly sought, analyst says By: 07/26/2010 @ 11:00pm

Tim Hannagan, PFGBest.com senior analyst, says world grain demand may slow before harvest but expect domestic demand to heat up. "This year's harvest will be aggressively sought by ethanol…

Rich Nelson: Funds buy heavily into corn market By: 07/22/2010 @ 11:00pm

Corn: funds bought heavily this week as outside market strength, reductions in European and FSU grain production, and fears that US weather adversity would reduce yields. Friday’s floor estimated…

Victor: Cattle placements seen up, marketings down By: 07/20/2010 @ 11:00pm

June Placements are expected to be 5.1% larger than last year. Cattle feeders averaged profits on out-going marketings of $29 per head in June. This makes it five months in a row of feedlot profits…

Midwest crops see plenty of rain By: 07/19/2010 @ 11:00pm

DJ Global Ag Weather Watch - Jul 20DJ - Tue Jul 20, 9:25AM EDTMidwest corn, soybean and winter wheat highlights  West: Scattered showers and thunderstorms, amounts 0.25-1.00 inch…

Tall corn & more in central Illinois By: 07/18/2010 @ 11:00pm

Agriculture.com Chicago Markets Bureau Chief Mike McGinnis found tall corn, green soybeans, and aerial crop spraying this week in McLean County, Illinois. After pulling back the shucks on this ear of…

Rich Nelson: Will China resume purchases and price support? By: 07/18/2010 @ 11:00pm

Soybeans: Most of the day traders appeared very uncertain just what to do when the large spec money took a day off. With outside markets providing little guidance and spec buyers taking a day off the beans…

Markets To Build-in Weather Premium By: 07/12/2010 @ 11:00pm

Tim Hannagan, PFGBest.com senior analyst, says traders are fat from last week's profits. So, we're seeing some selling on rallies, but buying on the breaks. The breaks should be short-lived because…

Farmers for the Future: Communication keys their success By: 03/16/2010 @ 1:32pm

Like father and mother, like son. In and out of the field, Jeff and Jean Martin and their son, Doug, have a lot in common -- communication skills being the most important. "I call Dad at 4:30 a.m. to talk…

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