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 →

Cotton prices are mixed while corn, soybeans, and wheat prices are down for the week. Markets will be closed Monday, February 18 for President’s Day. The USDA supply & demand reports released on February 9 were mostly neutral to friendly but other data and information has tended to overshadow those reports. Continue reading →

Prices and comments are reported through Thursday, February 7, 2013. Corn and wheat prices are down while cotton and soybean prices are mixed for the week through Thursday. USDA will release their February 9^th report at 11 a.m. Central time on Friday. Continue reading →

Cotton and soybean prices are up while corn and wheat prices are down for the week. We are still seeing a certain degree of uncertainty with foreign weather keeping prices moving up or down depending on that day’s weather forecast. Continue reading →