All posts by Chuck Danehower, Extension Area Specialist - Farm Management

11 Jan 2013

Weekly Crop Marketing Comments

11 Jan 2013
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  Price Change
U.S. Dollar 79.62 -0.99
Crude Oil 93.04 +0.62
Dow 13,492 +57

Corn and wheat prices are up with cotton and soybean prices mixed for the week. USDA’s release of their monthly Supply & Demand report, Quarterly Grain Stocks report, Crop Production Summary, and Winter Wheat Seedings certainly provided the market with a wealth of information here at the end of the week. All in all the reports have been considered bullish for corn and wheat, neutral for soybeans, and bullish to neutral for cotton. Continue reading →


04 Jan 2013

Weekly Crop Marketing Comments

04 Jan 2013
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Happy New Year! Best wishes for a safe and profitable year. Cotton prices are mixed with corn, soybeans, and wheat prices down for this first week of 2013. Even the somewhat resolution of the fiscal cliff and an almost 4% uptick in the Dow this week could not prevent commodity prices from continuing the slide from late 2012. Continue reading →


14 Dec 2012

Weekly Crop Marketing Comments

14 Dec 2012
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Cotton prices are up; soybeans mixed; with corn and wheat prices down for the week. The U.S. Dollar Index before the close was at 79.55, down 0.85 for the week. The Dow Jones Industrial Average traded before the close at 13,135 down 20 points for the week. Crude Oil traded before the close at 86.76 a barrel, up 0.70 a barrel for the week. USDA released their December 11 report and was considered neutral to bullish for corn, cotton, and soybeans and bearish for wheat. Continue reading →


11 Dec 2012

Comments on the USDA Supply & Demand Report

11 Dec 2012
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Corn

In today’s report, no adjustments for the current marketing year of 2012/13 U.S. supply and demand numbers were made. The trade was expecting on the average a 16 million bushel increase in ending stocks. It is somewhat expected that harvested acreage will be reduced in the January 11, 2013 report. Continue reading →


07 Dec 2012

Weekly Crop Marketing Comments

07 Dec 2012
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Soybean prices are up with corn, cotton, and wheat prices mixed for the week. The U.S. Dollar Index before the close was at 80.41, up 0.25 for the week. The Dow Jones Industrial Average traded before the close at 13,132 up 106 points for the week. Crude Oil traded before the close at 86.06 a barrel, up 2.85 a barrel for the week. Continue reading →


30 Nov 2012

Weekly Crop Marketing Comments

30 Nov 2012
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Corn, cotton, soybeans, and wheat prices are up for the week. The U.S. Dollar Index before the close was at 80.16, down 0.08 for the week. The Dow Jones Industrial Average traded before the close at 13,005 down 5 points for the week. Crude Oil traded before the close at 88.89 a barrel, up 0.61 a barrel for the week. Weather continues to be a focal point for the markets both in the U.S. and South America. Continue reading →