Markets
Today’s commodity market news. Featuring expert analysis from Michelle Rook, Jerry Gulke and Pro Farmer Editors.
The March WASDE report left corn and soybean supply and demand unchanged.
From Pro Farmer’s First Thing Today, these are some of the stories we are watching on Tuesday, March 9.
From Pro Farmer’s First Thing Today, these are some of the stories we are watching on Friday, March 6.
From Pro Farmer’s First Thing Today, these are some of the stories we are watching on Thursday, March 4.
A commodity swap is used to hedge against commodity price swings by locking in a price.
From Pro Farmer’s First Thing Today, these are some of the stories we are watching on Wednesday, March 3.
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¢.
Despite a couple down days in the commodity markets, core commodity prices were on a solid run in the past couple of weeks. And as a bull market continues to take shape, there are a few key factors in the driver’s seat
The strength and timing of the economic recovery are contingent on three uncertain factors.
USDA’s Chief Economist says the battle for 2021 acreage is on, and it may even bid into specialty crop acres amid strong signals that China plans to continue buying corn and soybeans.
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?
U.S. corn and soybean futures retreated on Thursday after the Department of Agriculture (USDA) projected that U.S. farmers would devote more acres to the two crops this spring than any year on record.
After consecutive years of stagnant commodity prices for some crops, the market has flipped. From lack of volatility to extreme price moves today, some think the volatility may be here to stay.
CME Group on Wednesday reported quarterly earnings that beat Wall Street expectations, but revenue declined as the COVID-19 pandemic and its economic fallout hurt demand for some of its top products.
“The trade really wanted to see USDA get more aggressive on increasing corn export demand, especially after all the sales we had seen to China about two weeks ago,”
A far cry from this time last year, farmers are actually asking the question ‘what should I add?’ versus ‘what do I need to cut?’ With skyrocketing commodity prices, farmers have the opportunity to experiment.
An exclusive interview with the NASS Chief of Crops about Farm Bureau’s recommendations to improve transparency and accuracy of NASS reporting.
Pirates are stealing billions during the exchange of U.S. agriculture goods, and pumping the wares right back onto American department store shelves. But CSI is ready to take on agriculture crime.
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.
U.S. soy processors, fresh off their busiest year on record, have booked soybean purchases well beyond their normal few weeks of supply due to soaring export demand, rising prices and fears of soy shortages.
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.
AFBF wants USDA’s National Agricultural Statistics Service (NASS) to improve transparency and better embrace emerging technology in making crop estimates, determining ag census numbers and other ag reporting.
There is no “bailout” in commodity markets — just risk. It makes me crazy when someone says, “The bulls were bailed out by Chinese buying.” Or, “The bears got bailed out by those rains.”
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.