Corn
Mike Castle of StoneX says with a lack of any major news, corn and soybeans saw a bit of positioning ahead of the Aug. 12 WASDE Report
Allison Thompson with The Money Farm says grains are drifting quietly lower with no fresh new news and awaiting the WASDE.
Kevin Duling with K.D. Investors says corn and soybeans are keying off of private estimates which are raising yields, especially for corn.
A year after StoneX’s survey shocked the market, two StoneX economists sit down for an exclusive interview, saying this year’s numbers tell a very different story about what will drive prices.
Chuck Shelby of Zaner Ag Hedge says the grain markets tried to extend gains in the overnight session and hit chart resistance causing consolidation.
Mark Knight with Farmer’s Keeper Financial says the grains were seeing profit taking early Tuesday but the big story headlines were again war and weather.
A flash sale of 17.9 million bu. of new crop soybeans to China and another 5.0 million bu. to unknown destinations helped the soybean market rebound says Mike Minor with Professional Ag Marketing.
Agronomists urge farmers to scout, treat and communicate any significant losses to landlords and bankers prior to harvest.
Brad Kooima of Koomia Varilek says the lows look like they are in the cattle market, but how much more recovery does he expect?
Jerry Gulke, president of The Gulke Group says he thinks it is too early to call a top in the grain markets.