BASIC & RECENT MARKET INFO

Highlights As predicted, a cold front from the Pacific collided with a warm air mass east of the Andes Mountains in Argentina this weekend. It generated storms and rain over a large part of the central crop area of Argentina yesterday. The following locations are in northern Argentina. The amount of rain each received on New Year’s Day is stated in mm (25.4 mm = 1 inch): Berrotaran 52 mm Paso Cabral 52 mm Río de los Sauces 56 mm Lutti 53 mm La Cruz 47 mm Los Condores 50 mm Al

Grain Marketing Trap Very Expensive A fairly new client called Monday afternoon and asked what should she do with 9,000 bushels of beans...

Highlights Yesterday morning, the USDA announced the sale of 133,000 mts of new crop corn to China DTN’s Digital Yield Tour says corn will yield at 167.2 bushels; USDA is at 177.0 and the average estimate for Friday’s USDA production report is 175.9 bushels. DTN Tour see beans at 48.9 bushels; USDA’s at 51.5, average estimate is 51.1 bushels. The first shipload of grain from Ukraine since February arrived in Lebanon yesterday. It was rejected and not allowed to unload. Typi

In the early 1980’s, I was a commodity broker with Heinold Commodities and Securities. The year of 1980 started with a bang on January...