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Paul Georgy

Articles By Paul Georgy

Aug 22, 2019

Tour Confirms Lower Yields

Good Morning from Allendale, Inc. with the early morning commentary for August 22, 2019. Grain markets found support overnight on crop tours and survey's which are confirming yields below last year and multi-year averages. The true extent of the damage will not be known for several weeks until the crop
Aug 21, 2019

Will Crop Surveys Change the Narrative?

Good Morning from Allendale, Inc. with the early morning commentary for August 21, 2019. Grain markets are mixed overnight as weather, crop tours, and trade remain the focus. Tour findings are adding support, but traders are cautious as higher trade overnight does not necessarily translate to day session gains. Day
Aug 20, 2019

U.S. Crop Tour Results Contradict USDA Data

Good Morning from Allendale, Inc. with the early morning commentary for August 20, 2019. Grain markets rebounded in the overnight session recouping some of the losses from the previous session as the crop tour forecasted below-average yields for both corn and soybeans. The weekly crop progress report also showed lower
Aug 19, 2019

Favorable Weekend Weather Pushes Down Grain Markets

Good Morning from Allendale, Inc. with the early morning commentary for August 19, 2019. Grain markets opened lower in the overnight session on concerns of large supply numbers and favorable weather over the weekend. This comes after strong gains in Friday’s trading session. Traders will be paying attention to various
Aug 16, 2019

Favorable Forecasts Limiting Grain Markets

Good Morning from Allendale, Inc. with the early morning commentary for August 16, 2019. Grain markets are steady as the market looks oversold following sharp declines and export sales were within expectations. Weather forecasts continue to look good for crop development across much of the Midwest during the next few
Aug 14, 2019

Traders Question Acreage Numbers

Good Morning from Allendale, Inc. with the early morning commentary for August 14, 2019. Grain markets are higher as traders attempt to sort out the reality of US acreage vs the data given to the market this week. Upcoming crop tours and yield surveys will be important as the market
Aug 07, 2019

Supply & Demand Estimates Enter Market

Good Morning from Allendale, Inc. with the early morning commentary for August 7, 2019. Grain markets are mixed as estimates for next week's much anticipated Supply and Demand report begin to enter the market. Positioning for the report will be done with caution as the US-Chinese trade war intensifies. Estimates
Aug 06, 2019

U.S.-China Trade Talks Collapse Again

Good Morning from Allendale, Inc. with the early morning commentary for August 6, 2019. Grain markets are mixed with corn and wheat futures lower and soybeans higher. Forecasts of cooler and wetter conditions across the Midwest have raised concerns about how much of the current crop might be lost. In
Aug 01, 2019

Will Acreage Questions Be Answered This Month?

Good Morning from Allendale, Inc. with the early morning commentary for August 01, 2019. Grain markets are mixed overnight as traders continue to weigh better crop production weather against the prospect of unplanted acreage. Resolution to ongoing trade issues remains elusive, and confirmation of US ag product purchases by China