Latest News From Jon Scheve

Jon Scheve
History Does Not Favor a Corn Rally in April

Jon Scheve discusses historical trends to see how likely a corn rally really is.

Jon Scheve
Was The Report Actually Bullish?

Jon Scheve discusses highlights from the USDA report and trends of where prices have gone after this report in past years.

Jon Scheve
How Cancellations In The Grain Trade Work

Jon Scheve explains how cancellations in the grain industry work.

Jon Scheve
How Much More Can Corn Rally?

Jon Scheve looks for historical similarities to 2024 to determine if a corn price rally is even realistic.

Jon Scheve
Crop Insurance Is Not An Effective Marketing Tool

Jon Scheve explains how crop insurance does not provide a price floor for farmers like some think it does.

Jon Scheve
Can Soybeans Stage A Comeback?

Jon Scheve discusses how likely a soybean rally really is. Plus, he walks through his final 2023 soybean futures position.

Jon Scheve
Sub $4 Corn Futures, Now What?

Jon Scheve discusses the likelihood of a market rally, and what needs to happen for it to become a reality.

Jon Scheve
Preventing The Use Of “FREE” Storage

Jon Scheve explains how farmers LOSE money with "free" storage or DP (delayed pricing) offerings and urges farmers to stop using them.

Jon Scheve
Historical Trends Suggest There Is A Good Chance December Corn Will Trade Above $5 Again

Jon Scheve discusses different rationale for why corn prices could rally in 2024.

Jon Scheve
Don’t Give Away Your Risk Premiums

Jon Scheve discusses how farmers who raise specialty corn often give away their risk premium and leave money on the table. He explains how farmers should sell to maximize their profit potential.

Jon Scheve
The Farmer Who Cried Drought

Jon Scheve summarizes the latest weather conditions of the Mato Grosso region in Brazil and how it is impacting prices. He also discusses what to expect in this week's USDA report.

Jon Scheve
Capturing 37 Cents of Additional Profit From Market Carry

Jon Scheve discusses how to capture market carry in the market and how he made 37 cents of profit.

Jon Scheve
Weather In Brazil Will Be The Key To Soybean Price Direction

Jon Scheve discusses what variables in South America will contribute to price fluctuations for the next month.

Jon Scheve
How Selling Options In A Sideways Markets Can Increase Profits

Jon Scheve discusses how he sold corn calls to increase profits for his farm.

Jon Scheve
Using Puts for a Guaranteed Floor Price On 2023 Corn

Jon Scheve discusses how he maintained a guaranteed $5.37 floor price on his 2023 corn through November with his put option strategy.

Jon Scheve
Why I Like Margin Calls

For hedgers, such as Jon Scheve, a farmer who produces the commodity with a futures sale, margin calls are not bad. Here's how to use margin calls for risk management and to increase profits.

Jon Scheve
Pros and Cons of Hedging Grain With Futures Vs. Hedge-to-Arrive Contracts

Jon Scheve likes to have full control of his grain sales. The minor cost to carry his own hedge account is almost always offset with better basis values and improved negotiating power.

Jon Scheve
How Can Farmers Increase Profits By Capturing Marketing Carry

Jon Scheve discusses a recent trade he did that allowed him to capture market carry profits.

Jon Scheve
How Did Using Puts For Price Protection Actually Work Out For Me?

Jon Scheve discusses how buying bean puts last December worked out for him.

Jon Scheve
Could Soybeans Rally While Corn Slides At the Same Time?

Jon Scheve discusses why corn prices might continue to go down for the next few months while soybean prices could have upside potential.

Jon Scheve
Looking At What Is In Your Marketing Toolbox?

Jon Scheve discusses the different "marketing tools" farmers should have in their "marketing toolbox" to maximize profitability.

Jon Scheve
Corn And Beans Are In A Tight Trading Range Through October

Jon Scheve discusses similarities of corn and bean prices in October between 2022 and 2023.

Jon Scheve
Corn May Be Stuck Trading Sideways, But Beans Could Have Some Upside Potential

Jon Scheve discusses why corn may trade in a sideways range through harvest. However, beans might have more opportunity.

Jon Scheve
Are The Lows In For Corn? Maybe Not Yet

Jon Scheve discusses why corn prices might still go lower based upon the stocks-to-use ratio and historical trending.

Jon Scheve
Which Crop Should You Store If You Don't Have Enough Storage?

Jon Scheve discusses how likely corn will rally and walks through 5 considerations when deciding between storing corn or soybeans at harvest if storage is limited.

Jon Scheve
Be Cautious When Farmers Say Their Yields Are Really Bad Or Really Good

Jon Scheve discusses how to ask farmers questions to get the best perspective.

Jon Scheve
Do the "Quick Ship" High Basis Values Indicate the US Is Out of Corn?

Some farmers on social media have suggested the U.S. might be out of corn because of high basis bid values in the Corn Belt. Jon Scheve thinks the inverses in futures and the basis market during the summer are the cause.

Jon Scheve
Why You Should Never Sell Cash Corn

Jon Scheve discusses why farmers should never sell cash corn.

Jon Scheve
Yield Uncertainly Continues For Corn And Beans

Jon discusses yield uncertainty for corn and beans. Plus, final thoughts on the 2022 marketing year.

Jon Scheve
Even A Decrease In Corn Yield Does Not Mean Prices Will Rally

Jon Scheve discusses why corn prices may not rally. Plus, the final futures price for his 2022 corn.

Jon Scheve
Does The World Have Too Much Corn? Plus How To Be More Profitable Understanding Spreads.

Jon Scheve discusses if there is too much corn supply. Plus how to be more profitable understanding market spreads.

Jon Scheve
How Basis Markets Work: Lessons From the 2022 Corn Crop

Jon Scheve discusses last week's USDA report and how corn carryout and demand could be an issue. Plus, he explains his corn basis strategy for last year's crop.

Jon Scheve
What If the National Corn Yield Is Improving?

Jon Scheve discusses the likelihood of USDA changing the average corn yield in Friday's WASDE report based on crop condition observations, the drought monitor, high-tech tools and social media.

Jon Scheve
The War Is Impacting The Corn Market More Than Weather Right Now

Jon Scheve explains why the recent corn rally is impacted more by the war in Ukraine than weather. Plus, a recent trade example using puts to put in a floor price with unlimited upside potential in corn.

Jon Scheve
Demand May Be a Bigger Factor Than Yields Moving Forward for Both Corn and Beans

Jon Scheve discusses the recent USDA report and shows how demand issues may impact corn and bean prices over the next few months.

Jon Scheve
Which Way Will Bean Prices Go?

Jon Scheve discusses bean highlights from the recent USDA report and estimates where bean prices will go based upon different national yield averages.

Jon Scheve
How Low Can Corn Go?

Jon Scheve shares highlights from last week's USDA report and futures projections based upon different national yield averages.

Jon Scheve
Big Week Coming - USDA Stock & Acres Report And Updated Weather Forecasts

Jon Scheve discusses how the upcoming USDA report could impact prices. Plus some recent trade he made and why.

Jon Scheve
Mid-June Has Traditionally Been A Great Time To Sell New Crop Corn

Jon Scheve discusses how mid-June traditionally is a good time to sell new crop corn.

Jon Scheve
Will Corn Prices Continue to Rally? Depends On the Weather.

Jon Scheve discusses what is impacting prices right now. Plus, his final 2023 bean futures price.

Jon Scheve
One Weather Forecast Change Can Shift Corn Prices 30 Cents In Either Direction

Jon Scheve discusses how recent weather forecast changes impact corn prices. Plus, Jon's final bean basis value for 2022.

Jon Scheve
Buckle Up! It Is A Weather Market Now.

Jon Scheve discusses how weather uncertainty will be impacting prices through summer.

Jon Scheve
What Will Be The Spark That Turns The Market Around?

Jon Scheve discusses variables impacting corn prices right now.

Jon Scheve
The Market Will Now Focus On The Weather

Jon Scheve discusses how attainable the USDA's numbers are from the last report.

Jon Scheve
Does Corn Have to Rally?

Jon Scheve discusses market variables impacting prices right now.

Jon Scheve
Will December Corn Futures Go To $4 Or $8?

Jon Scheve explains why it is impossible to predict corn prices.

Jon Scheve
Can Corn Rally Back? Plus How to Add 30 Cents to Some Corn Sales

Jon Scheve discusses if corn prices will rally back from the recent decline. Plus, how to make extra profit in a sideways market.

Jon Scheve
Spreads And Basis Suggest Old Crop Corn Futures Values May Be Too Low

Jon Scheve discusses market factors that may be indicating corn prices could go even higher.

Jon Scheve
The Market Will Be Focusing On Planting Pace In The Dakotas

Jon Scheve explains another corn straddle trade where he made a profit during a sideways market.

Jon Scheve
If Corn Acres Are Reduced It Does Not Automatically Lead To More Bean Acres

Jon Scheve provides historical background of changes in corn and bean acres between planting intentions surveys and final report trends.