Jul 24, 2014
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Outlook Today

RSS By: Bob Utterback, Farm Journal

Bob Utterback has more than 26 years of experience and offers producers a disciplined approach to marketing.

Grain Markets Closed Higher

Apr 25, 2014

May options went off the board today with the markets closing close to near-term highs. Interesting to note November 2014 soybeans opened the week at $12.38 and closed today at $12.39, one could say the market is range bound with the low for the week coming in at $12.08 and the high at $12.435 for a range of $.355. Look for the markets to be mixed next week with rain and cool temperatures in the forecast for much of the Midwest. On Monday we could potentially see 1 to 2 % planting progress on soybeans and a major increase on corn plantings. In our estimation we could see 15 to 20 % done in corn.

November 2014 Soybeans