Jon grew up raising corn and soybeans on a farm near Beatrice, NE. Upon graduation from The University of Nebraska in Lincoln, he became a grain merchandiser and has been trading corn, soybeans and other grains for the last 25 years, building relationships with end-users in the process. After successfully marketing his father’s grain and getting his MBA, 15 years ago he started helping farmer clients market their grain based upon his principals of farmer education, reducing risk, understanding storage potential and using basis strategy to maximize individual farm operation profits. A big believer in farmer education of grain marketing, Jon writes a weekly commentary to farmers interested in learning more and growing their farm operations. Reach out to Jon at jon@schevegrain.com or at schevegrain.com.

Latest Stories
This article discusses recent trades I made during a sideways corn market that helped me make additional profit.
This article discusses what caused last week’s bean and corn rallies and if these prices can hold out long term.
This article discusses the market variables impacting the market and the chances corn will hit $7.
This article discusses the variables impacting the bean market and the likelihood of a price rally.
It discusses the highlights of last week’s USDA report and how limited wheat supply may help corn and bean prices in the next marketing year.
The corn market wasn’t very exciting this week as the range in closing prices was only 12 cents. This was the smallest one-week trading range since late July.
This week’s USDA report had positive news for farmers, with both on farm stocks and planted acres being lower than the trade was estimating.
This week’s price pull back is partly due to concern with the damage Gulf export facilities have suffered in the New Orleans area.
On Thursday, the USDA decreased the estimated national corn yield more than the trade was expecting. In the last 15 years, only 4 had estimated final yields higher in the January report compared to August’s.
The market is trying to determine what the upcoming harvest yields will be. Early reports where harvest has started south of I-80 are positive.