Market Analysis
South American Crop Consultant Dr. Michael Cordonnier has lowered his Brazilian soybean crop estimate by 1.5 MMT to 98.5 MMT and has a neutral to lower bias moving forward due to “very disappointing yields being rep
Farming like any other business is filled with peaks, valleys and potholes along the way. In fact farming may have a few extra problems that many businesses don’t have to deal with. All businesses have the common goa
Hello Pro Farmer Members! Speculative money continues to actively flow into the long side of the soybean market. Funds have moved from an aggressive short position in early March to a sizable long position, fueling
Heavy rainfall developed over the weekend in the Great Plains, boosting wheat prospects. Rainfall ranged from 2.5 to 4 inches of rain developed in Kansas and Oklahoma, the top 2 hard red winter wheat states. The Texas pa
Canadian farmers intend to plant more barley and corn for grain in 2016 than in 2015, but smaller areas of wheat, canola, soybeans and oats, according to Statistics Canada’s March Farm Survey. The survey, which colle
The livestock markets are different from most crop markets due to the fact that they’re essentially non-storable commodities. Of course, one can’t store animals on the hoof, and the various meat cuts are auto
USDA’s Cattle on Feed Report showed feedlot inventories up around 1% at 10.853 million head as of April 1, which was in line with expectations. Placements are up 5% from year-ago but slightly lower than expected, whi
Our MarketWatch table features monthly and quarterly price outlooks, along with weekly prices for a wide range of ag markets.
On Tuesday, 20 vehicles with 78 participants headed west from Manhattan, Kansas, on the Hard Winter Wheat Tour 2016. Scouts stopped in 306 locations on the six routes between Manhattan and Colby. Scouts reported seeing s
As of March 31, Statistics Canada reports total stocks of Canadian wheat, canola and soybeans were lower compared with the same date in 2015. Meanwhile, total stocks of corn for grain, barley and oats increased year over
Winter Wheat Production Up 4 Percent from 2015 Winter wheat production is forecast at 1.43 billion bushels, up 4 percent from 2015. As of May 1, the United States yield is forecast at 47.8 bushels per acre,
The beef industry has been greatly disappointed by spring 2016 beef demand, particularly during late April and early May. Choice beef values fell from $225.13 on April 15 to $203.74 on May 6. That seems extraordinarily w
Our MarketWatch table features monthly and quarterly price outlooks, along with weekly prices for a wide range of ag markets.
I recently wrote about the tendency for cattle weights, as indicated by steer carcass size, to serve as a sign of the market-ready supply situation and possibly the forthcoming price outlook. This clearly begs the questi
For a long time, when I told people that I was a futures market analyst, I was routinely asked, “What’s a pork belly?” Of course, I explained that a pork belly is a side of bacon; it’s been trimme
Our MarketWatch table features monthly and quarterly price outlooks, along with weekly prices for a wide range of ag markets.
Harvest swelled across Kansas this weekend as the hot, dry weather made for perfect cutting weather. Farmers tried to get as much done as they could over the weekend due to chances of storms brewing on Monday and Tuesday
USDA’s Supply & Demand Report is out and the bulls are waging war on the markets. Buying is at a fever pitch, we all know that beans and corns are going to the moon. We know this time is different and nothing cou
The good news regarding meat demand from the latest Food Demand Survey by Oklahoma State University is that consumers expect higher prices for all meat products and plan to eat out more compared to last month. However, t
Looking back over the past few months is a must for all farmers and producers. The agricultural markets have been one big soap opera, bring every possible emotion to not only farmers and producers, but speculators as wel
USDA’s Cattle on Feed Report came in about as expected. The June 1 feedlot inventory at 10.799 million head was right in line with expectations, as were May marketings. May placements were slightly higher than the av