Ray Grabanski
President, Progressive Ag
www.progressiveag.com
Inflation tops all market news, analyst says
The grain markets could have some more negative news in the USDA November report.
Analyst is surprised that grain prices are not retreating
Almost every crop is ahead of normal harvest progress due to the warm fall (except sugar beets), which usually leads to smaller harvest losses, analyst says.
The corn yields in better soils are surprisingly good, analyst says
The Midwest harvest could be over in mid-October, analyst says.
Crude oil, cotton reach new highs
Inflation concerns are alive and well in the commodities markets as crude oil and cotton prices join oats in reaching multiyear highs.
Farm markets eye Congress’s $5 trillion spending bill, analyst says
Midwest temps are still forecast above normal, but wetter, which is a more bullish forecast than before.
Will price support hold, analyst asks
After rallying for about a week following the bearish USDA report, the market is now faltering.