Markets
Today’s commodity market news. Featuring expert analysis from Michelle Rook, Jerry Gulke and Pro Farmer Editors.
Analysts on the Pro Farmer Crop Tour say 2020 is different than the rest.
From Pro Farmer’s First Thing Today, these are some of the stories we are watching on Thursday, May 13.
Corn and soybean supplies will remain tight enough the next 15 months to make it difficult to recognize the high when it is made.
The commodity markets proved the bull market is far from over, as May corn futures ended the week above the $7.70 mark. Soybean prices had a similar story, with old crop finishing Friday above $16.
Do bull markets motivate or paralyze you? Do you stay active in updating your projections or sit on the sidelines watching prices tick up?
Futures exchange operator CME Group Inc said on Tuesday it will not reopen the physical trading pits which it closed last March due to the COVID-19 pandemic.
Grain markets continuing to rally this week as the quick pace of planting isn’t enough to overcome concerns about drought and dryness in the U.S. and Brazil.
Brazil was looking at $10 soybeans at the start of their planting last fall. What if prices are $13 this fall?
How high will prices go? How long will the high prices last? What is behind this rally? Here are some of the factors at play.
The CME Group announced after a routine biannual review, it has decided to expand daily price limits for Chicago Board of Trade grain and soy futures.
The domestic demand story is providing fuel to the markets as strong basis is part of what helped drive the markets higher this week. Marketing analysts on U.S. Farm Report discuss the market action this week.
Brazil just keeps breaking records. For 2020/21 the country’s soybean production is forecast at a record 4.98 billion bushels, which is up 8.6% from last season’s record crop.
May corn futures briefly topped $6 this week. While the futures prices didn’t stay above $6, the strong price signals showed up in both old crop and new crop this week.
How has the market rally influenced your grain marketing strategies? Join AgriTalk’s Chip Flory and your farming peers for a lively discussion about the markets.
“U.S. Farm Report” Host Tyne Morgan will join USDA’s Seth Meyer to discuss 2021 crop and acreage expectations.
U.S. soybean farmers could be in for a volatile price ride this year. With already tight stocks with robust demand, Blue Reef Agri-Marketing’s Chip Nellinger says soybean prices could see extreme volatility this year.
May corn futures closed in on $6 Wednesday, a price move being driven by a number of factors. Brian Doherty with Total Farm Marketing says corn’s performance is one for the record books.
This session will look at grain marketing habits that help you run a successful farm operation. You’ll also learn habits that can hurt your profitability.
Hear Esther George, president and CEO of the Federal Reserve Bank of Kansas City, provide insights on the current state of the economy.
Some habits breed grain marketing success, while others hurt your profitability. Want to be a better marketer? Follow this advice.
How can you be a better grain marketer? It starts with knowing your farm’s numbers. Then you can build a team you can trust to hold you accountable. Learn all the top tips.
The dollar slipped on Monday towards a three-week low as Treasury yields traded near recent lows and traders awaited crucial U.S. inflation and retail sales data in coming days.
USDA adjusted corn ending stocks lower in its April WASDE report, based on increased exports and ethanol, but Alan Brugler of Brugler Marketing says now it’s just a matter of if the record commitments can ship.
May corn prices were up 17.25¢ and May soybean prices were up 0.5¢, for the week ending April 9. May wheat prices were up 28¢.
Drought continues to grasp the western half of the country. As some farmers wait on rain to plant, Tommy Grisafi outlines some marketing tools to consider.
The supply-and-demand outlook already suggested profit potential into 2022/23 (not continuously high prices, but profit opportunities).
U.S. soybean futures edged higher on Tuesday as harvest delays in Brazil stoked concerns about short-term supply disruptions.
Cotton futures slumped more than 3% on Thursday as a U.S. government report showed a sharp slide in weekly export sales, putting prices of the natural fiber on course for their third straight weekly decline.
A state-by-state breakdown of the acreage report shows North Dakota farmers plan to increase corn acres by 69% over 2020, but even with the large increase, U.S. Farm Report analysts say there are still acres missing.
Lean hog futures finished slightly higher Tuesday. The strengthening U.S. dollar may be a factor, but there are also other fundamentals playing into the market.