Market Analysis
Growing worries about just how bad ASF may be in China took hold of the soybean meal market this week, as prices trended down to levels the market hasn’t seen since December.
As we’ve discussed many times on AgriTalk, current fundamentals and the balance-sheet trends from USDA demand you maintain pricing flexibility.
Global supply and demand are more important than ever. Accurate information is difficult to find, whether it be from NASS or China.
May corn prices were up 6.5¢ and May soybean prices were up 25¢ for the week ending Feb. 26. March wheat prices were up 3.5¢.
Unprecedented U.S. weather conditions, export numbers and USDA’s Ag Outlook Forum all weighed on prices this week, says Jamie Wasemiller, market analyst with Gulke Group.
Here’s my biggest concern about what USDA didn’t deliver. What if the trade is right that U.S. corn exports will be at least 2.75 billion bushels with an outside chance of reaching 3 billion?
Chip Flory has a tight grip on agriculture’s tape measure. When an army of 150 scouts from 12 countries marches across U.S. farmland with ropes and smartphones, Flory knows there is a meticulous method to the madness.
After corn and soybean prices soared last week once the USDA’s WASDE report was released, grains and oilseeds seem to have taken a different path this week. So, is the grain rally over? Bob Utterback weighs in.
All the major variables were hit in 2020.
We will have to see if President Joe Biden wants to expand Chinese demand. Additionally, we must watch the COVID-19 situation.
Have your adviser compute reasonable 12-month price targets given the latest fundamental and technical information.
The marketing tools to use have little to do with the year or commodity. What emotionally best fits you?
If a good profit margin can be locked in and you can gain revenue as prices move higher, go for it. Looking ahead, I’m watching:
Energy needs and global energy policies will be front and center this year.
Analysts say the trade expected a bullish USDA report. With minimal changes, traders sold the market and commodity prices dropped.
Grain markets are driven by lower supplies and higher demand.
The story in U.S. commodity prices is changing quickly as massive money flow is pouring into the commodity markets. So, what could reverse the trend? U.S. Farm Report analysts weigh in.
2020 was a dynamic year in the markets. From the pandemic causing prices to plummet in the spring to a dramatic recovery during the fall, analysts say key lessons were learned along the way.
U.S. soybean and corn futures climbed to fresh 6-1/2 year highs on Wednesday, as worries about dry weather hurting Argentine crops attracted speculative buyers, analysts said.
2020 ended on a high note for soybeans as prices soared past $13, so will demand be enough to push prices even higher in the New Year? Dan Basse and Arlan Suderman explore 2021.
Unprecedented corn price momentum this fall was driven largely by demand. As analysts focus on 2021, Dan Basse of AgResource Company explains why the stage may be set for an ag bull market to drive prices even higher.
From Pro Farmer’s First Thing Today, these are some of the stories we are watching on Monday, December 14.
USDA raised its estimate for China corn imports, a step some analysts think is just the start. Darren Frye and Arlan Suderman debate whether China’s corn imports will live up to analysts’ expectations.
Grain markets have a history of changing direction around a holiday. They sure did after Thanksgiving.
USDA’s end-of-March Prospective Plantings report always brings a few surprises. This year will likely be the same.
Everything ended the week down hard as traders took a risk-off attitude toward market positions. Part of the reason was the dollar’s rally, which made even French corn competitive for importers.
Don’'t miss a single minute of the first-ever Marketing Rally.
These estimates are based on assumptions for normal weather through September.
Official Day 4 results from the Farm Journal Midwest Crop Tour.