Corn
Mike Madsen’s corn yields at harvest are 20 to 30 bushels over his actual production history (APH), with even the early maturities exceeding expectations.
Garrett Toay with AgTraderTalk says after the recent rally corn and soybeans ran into chart resistance. However, outside markets had a negative impact with the selloff in precious metals and the rally in the dollar.
Kevin Marcus gives insights from U.S. to South America to China growing and harvest seasons.
Jamie Gieseke with Paradigm Futures says soybeans are seeing some profit taking after a 35 cents rally off of last week’s lows but also some farmer pricing. The higher dollar is weighing on corn and wheat.
Jeff Hoogendoorn, Professional Ag Marketing, says soybeans ended higher on Monday and extended gains after a higher weekly close last week. Cattle tried to recover after Friday’s meltdown and after President Trump comments about the U.S. buying Argentina beef to lower prices for consumers.
Brad Kooima of Kooima Kooima Varilek says cattle futures saw some recovery on the opening Monday after a melt down on Friday which produced limit down closes in most of the feeder cattle contracts.
The price action in corn was impressive to Jerry Gulke, president of the Gulke Group, in part because it came during the gut slot of harvest when farmers are gathering a predicted record crop.
Oliver Sloup, Blue Line Futures, says corn, soybeans and wheat all saw technical buying this week after bouncing off key support on the charts. The key is can the markets build on it next week?
The impact of disease and dry conditions are becoming increasingly evident as combines roll. More than 70% of farmers report steady or lower yields in Ohio, Indiana, Illinois, Iowa, Minnesota, Nebraska and South Dakota.
With low commodity prices and higher input costs, identifying hybrids that are a good fit for your soil types and environmental conditions is more important than ever – and can give you a leg up on yield performance from the get-go next spring.