BASIC & RECENT MARKET INFO
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Jon Scheve
- 6 days ago
- 3 min
Market Commentary for 9/17/21
The market is trying to determine what the upcoming harvest yields will be. Early reports where harvest has started south of I-80 are...
Jon Scheve
- Sep 13
- 3 min
Market Commentary for 9/10/21
The USDA report found an additional 246 million bushels to add to the production side of the balance sheets. Plus, the export pace for...
Jon Scheve
- Sep 6
- 2 min
Market Commentary for 9/3/21
The pull back in prices this week is partly due to concern with the damage Gulf export facilities have suffered in the New Orleans area....
Jon Scheve
- Aug 30
- 3 min
Market Commentary for 8/27/21
Corn and beans continue trading within tight ranges. Yield estimates seem less certain than usual for this time of year. Therefore, a...
Jon Scheve
- Aug 23
- 2 min
Market Commentary for 8/20/21
Corn Outlook In 12 of the last 15 years December corn futures have had a pullback in August or September. This seasonal trend is usually...
Jon Scheve
- Aug 19
- 3 min
Market Commentary for 8/13/21
Corn Outlook On Thursday, the USDA decreased the expected national corn yield more than what the trade was expecting. There have only...
Jon Scheve
- Aug 19
- 4 min
Market Commentary for 7/30/21
Corn futures continue to trend sideways, as the market waits for the August 12th USDA yield estimate. This week saw the first fields of...
Jon Scheve
- Aug 19
- 4 min
Market Commentary for 7/23/21
Hot and dry weather is expected for the next week or two, but forecasts vary on how dry August will be. Any weather shift could shake up...
Jon Scheve
- Jul 18
- 5 min
Market Commentary for 7/16/21
The USDA had no surprises for corn and beans last week. Now the market will wait for national yield estimates in the August USDA report....
Jon Scheve
- Jul 11
- 5 min
Market Commentary for 7/9/21
Another week of good weather for most of the corn belt has put downward pressure on prices. Corn prices declined each day this week and...
Roger Wright Team
- Jul 11
- 1 min
World Grain Trade
Provided by HAMMERSMITH Marketing Ltd Corporate Head Office: Suite 200B, Centre of Commerce, One Bay Street, PO Box N-3944, Nassau,...
Jon Scheve
- Jun 27
- 3 min
Market Commentary for 6/25/21
This week the corn and bean markets were dominated by upcoming weather uncertainty and Friday’s Supreme Court ruling against the ethanol...
Jon Scheve
- Jun 20
- 2 min
Market Commentary for 6/18/21
Soybean futures had a historic price decline on Thursday but rallied back half of that decrease on Friday. Corn futures also fell the...
Jon Scheve
- Jun 14
- 4 min
Market Commentary for 6/11/21
This week the USDA decreased the 2020 corn carryout which caused the stock to use ratio, the total usage compared to the total...
Jon Scheve
- Jun 3
- 2 min
Market Commentary for 6/4/21
New Crop Futures Prices Dry weather concerns in the Dakotas and possible ridging in the western corn belt later this month pushed some...
Jon Scheve
- May 27
- 7 min
Market Commentary for 5/28/21
Last Wednesday, the corn market pulled back to a technical point and Thursday it bounced off it. Fundamentally, crops aren’t made or lost...
Jon Scheve
- May 20
- 3 min
Market Commentary for 5/21/21
Corn Both July and December corn futures closed higher this week compared to the end of last week and are still at or above levels from 3...
Jon Scheve
- May 13
- 3 min
Market Commentary for 5/14/21
Over the last 5 trading sessions corn dropped 90 cents, while beans were nearly unchanged. The report on Wednesday was neutral for old...