Market Commentary for 9/23/23
Jon Scheve with weekly market commentary made on September 22, 2023 Like US corn, the US bean export pace is behind USDA estimates and...
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Jon Scheve
- Sep 18
- 3 min
Market Commentary for 9/18/23
Jon Scheve with weekly market commentary made on September 15, 2023 Some in the trade are questioning the national corn yield after the...
Jon Scheve
- Sep 9
- 4 min
Market Commentary for 9/9/23 - Splitting Futures and Basis Sales
Jon Scheve with weekly market commentary made on September 8, 2023 Dry weather is contributing to declining water levels on the...
Jon Scheve
- Sep 2
- 3 min
Market Commentary for 9/2/23
Jon Scheve with weekly market commentary made on September, 1, 2023 Usually by this time of year there is more clarity around yield...
Jon Scheve
- Aug 28
- 6 min
Market Commentary for 8/28/23
Jon Scheve with weekly market commentary made on August, 25 2023 The recent Pro Farmer Tour estimated a national yield of 172. This is up...
Jon Scheve
- Aug 21
- 6 min
Market Commentary for 8/21/23
Jon Scheve with weekly market commentary made on August, 18 2023 It looks hot and dry for the next two weeks. Corn might be far enough...
Jon Scheve
- Aug 14
- 5 min
Market Commentary for 8/14/23
Jon Scheve with weekly market commentary made on August, 11 2023 The USDA report was neutral at best for corn. Yes, they lowered the corn...
Jon Scheve
- Aug 9
- 5 min
Market Commentary for 8/9/23
Jon Scheve with weekly market commentary made on August, 8 2023 Last month the USDA lowered their yield predictions due to extreme dry...
Jon Scheve
- Jul 24
- 3 min
Market Commentary for 7/24/23
Jon Scheve with weekly market commentary made on July, 21, 2023 Corn rallied this weekly mostly because Russia closed the Black Sea...
Jon Scheve
- Jul 17
- 2 min
Market Commentary for 7/17/23
Jon Scheve with weekly market commentary made on July, 14, 2023 Corn Usually, the July USDA report does not have yield adjustments, but...
Jon Scheve
- Jul 9
- 2 min
Market Commentary for 7/10/23
Jon Scheve with weekly market commentary made on July, 7, 2023 While the USDA report last week was bearish corn, the 4 million acre...
Jon Scheve
- Jul 3
- 3 min
Market Commentary for 7/4/23
Jon Scheve with weekly market commentary made on June, 30, 2023 The USDA report suggested farmers last spring paid attention to lower...
Jon Scheve
- Jun 26
- 3 min
Market Commentary for 6/26/23
Jon Scheve with weekly market commentary made on June, 23, 2023 On Friday June 30th, the USDA will report on the number of acres planted...
Jon Scheve
- Jun 20
- 3 min
Market Commentary for 6/20/23
Jon Scheve with weekly market commentary made on June, 16, 2023 This time of the year has the most weather risk because no one knows if...
Jon Scheve
- Jun 12
- 4 min
Market Commentary for 6/12/23
Jon Scheve with weekly market commentary made on June, 9, 2023 Corn prices are volatile despite that old crop stayed mostly between $6.00...
Jon Scheve
- Jun 5
- 2 min
Market Commentary for 6/5/23
Jon Scheve with weekly market commentary made on June, 2, 2023 It is amazing how quick a 2-week weather forecast change can impact corn...
Jon Scheve
- May 30
- 4 min
Market Commentary for 5/30/23
Jon Scheve with weekly market commentary made on May, 26, 2023 Last week I suggested the market needed a spark to rally, and it looks...
Jon Scheve
- May 22
- 2 min
Market Commentary for 5/22/23
Jon Scheve with weekly market commentary made on May, 19, 2023 Selling Pressure on the Market Continued This Week Old Crop Corn – down...
Jon Scheve
- May 15
- 2 min
Market Commentary for 5/15/23
Jon Scheve with weekly market commentary made on May, 12, 2023 One of the biggest reports of the year was just published and it provides...
Jon Scheve
- May 8
- 2 min
Market Commentary for 5/8/23
Jon Scheve with weekly market commentary made on May, 5, 2023 With old crop corn bouncing 30 cents off the lows from earlier this week,...
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