Category Archives: Marketing

Soybean prices are mixed while corn, cotton, and wheat prices are down for the week. The U.S.  1^st quarter Gross Domestic Products (GDP) released today was 2.5%, less than the 3.2% that economist expected. Continue reading →

Corn, soybean, and wheat prices are up while cotton prices are down for the week. The Dow was down most of today, but managed to return back to its all-time high of 14,865.  USDA released their monthly supply and demand report April 10. The U.S. numbers for the most part were considered neutral to friendly while the world numbers were mostly bearish. Continue reading →

Corn

In light of the March 28 Grain Stock’s report, this month’s USDA report was neutral to friendly for U.S. corn stocks but bearish on the world numbers. U.S. corn ending stocks increased 125 million bushels to 757 million bushels, but the trade was expecting on the average 824 million bushels. Continue reading →

Wheat prices are up while corn, cotton, and soybean prices are down for the week. A disappointing jobs report released Friday reflected weaker than expected jobs growth for March. This has led today’s decline in the Dow. Toward the end of the week the Bank of Japan unveiled changes to its monetary policy with the effects of a drop in the yen and strength in the dollar. Continue reading →

Cotton prices are up while corn, soybean, and wheat prices are down for the shortened trading week through March 28. Grain markets responded negatively March 28 to the bearish grain stocks reports led mainly by surprisingly bearish corn stocks. Follow through electronic trading April 1 indicates the bottom has not yet been found. Corn prices particularly are having trouble with the larger than expected stocks. Continue reading →

Prices have been updated after today’s USDA Grain Stocks and Prospective Plantings reports. Please note that I added a row on the bottom with breakeven prices at average yields and the specified costs including variable, land and fixed cost. Prices will vary depending on location and buyers. Overall, after today’s reports cotton’s profitability improved slightly while grains dropped some from after the March 8 USDA report. Continue reading →

Corn, soybeans, and wheat prices are up while cotton prices are down for the week. Markets most likely will be positioning themselves leading up to the March 28 USDA reports on grain stocks and planting intentions for the 2013 crop. Continue reading →

Corn, cotton and wheat prices are up while soybean prices are down for the week. U.S. stocks fell Friday ending the longest winning streak for the Dow in nearly 17 years. Prior to today, the Dow had closed up 10 straight days. Watch for the market to become sensitive to planting weather as planters start to roll. Continue reading →

Corn

This month’s USDA report did not make any changes to the current marketing year’s U.S. ending stocks but did have a couple of surprises. Ending stocks remained at 632 million bushels. Continue reading →

Cotton and soybean prices are up while corn and wheat prices are down for the week. The Dow Jones closes out the week at an all-time high. The jobs report released today was favorable with unemployment dropping from 7.9% to 7.7%. USDA released their monthly supply & demand report with mixed market reaction. Continue reading →

Corn and cotton prices are up; wheat prices mixed while soybean prices are down for the week. Without an agreement on the budget in Washington D.C., sequestration goes into effect today, March 1, with no immediate impact expected. The effects on commodity prices might be felt in the strength or weakness of the U.S. Dollar. Some analysts expect to see a stronger dollar from sequestration which generally is seen as negative on commodity prices. Continue reading →

Soybeans prices are up; cotton prices mixed while corn and wheat prices are down for the week. USDA held their annual Ag Outlook Forum on February 21 & 22 and offered an overall bearish outlook for 2013 crops, especially corn and soybeans. We should keep in mind that these numbers are more statistically driven and are more or less best guesses for this point in time. Continue reading →