Corn
Many will attribute last week’s corn market rally to the cold weather and slowing grain movement from truck to barge. However, Jerry Gulke says the corn market has technically looked good for a while.
Grain markets closed strong on Friday and posted higher weekly closes across the complex. What drove the rally? Jim McCormick of AgMarket.Net points to a few notable factors.
Swapping your fluency agent for a value‑added product could turn a routine step at the planter into real ROI.
Live and feeder cattle futures were weaker to start Friday as the market was seeing some profit taking and caution ahead of the USDA Cattle on Feed Report according to Scott Varilek with Kooima Kooima Varilek.
Geoff Cooper with the Renewable Fuels Association says it appears Congress is going to kick the can again on getting the E15 legislation done.
Randy Martinson with Martinson Ag says wheat saw support on a combination of technical buying or short covering and the market was adding some weather premium.
New research shows that pairing hybrid root architecture with your tillage system and residue management is a way to grow more bushels.
Greg McBride with Allendale, Inc. says hot, dry weather is expected in much of Argentina and Southern Brazil in the next 10 days and it is hitting at the critical pod filling stage for some of the soybean crop.
Soybean futures are higher early Wednesday with the easing of risk-off selling pressure.
Grains futures consolidated on Tuesday with risk-off selling tied to outside market concerns regarding possible EU tariffs and retaliation according to Oliver Sloup with Blue Line Futures.
Brad Kooima of Kooima Kooima Varilek says with the confirmation of no cases of NWS in the U.S. the cattle market should rebound Tuesday. However, with outside markets seeing risk off selling that may temper some of the buying interest in cattle.
After years of steady growth, the U.S. agricultural land market is shifting and stabilizing.
Jerry Gulke, president of The Gulke Group, says the report provided some valuable lessons about marketing.
Shawn Hackett with Hackett Financial Advisors says with corn and soybean prices plunging at the beginning of the week in response to the bearish USDA report, the lower price levels stimulated end user buying.
The political climate might finally be right to pass year-round E15 legislation. Analysis from NCGA indicates E15 legislation would be one of the quickest ways to increase demand and work through the record pile of corn.
High-yield growers David Hula and Randy Dowdy say three things deserve your sharpest focus now: your planter, fertility program and seed.
Lance Honig, chair of the Agricultural Statistics Board and a NASS official, addressed farmer concerns in a Farm Journal interview explaining the major January data revisions that caused corn prices to sink on Monday.
Joe Kooima with Kooima Kooima Varilek says cattle futures were down early on liquidation ahead of the three day weekend, lack of fed cash news and a rumor of NWS in the U.S.
John Heinberg with Total Farm Marketing says soybeans rallied with the surging bean oil market on Thursday on talk of favorable biofuels policy in the Renewable Fuels Standard.
Crown rot is showing up more frequently in Midwest cornfields. Plant pathologists say it’s likely a multi-pathogen disease and offer five practical ways to address it this season.
Don Roose with U.S. Commodities says the bearish USDA report news has been largely factored in but corn and soybeans are establishing new lower trading ranges.
A new multi-state monitoring network using unique diagnostic tools is hard at work, identifying herbicide-resistant weed populations faster so farmers can get a leg up on control before the problem gets totally out of hand.
Corn and soybeans try to bounce Wednesday morning. Vince Boddicker with Farmers Trading Company says some of this is short covering or corrective buying as the market was oversold but he’s not sure the bearish USDA news is all digested.
Brian Grete with Commstock Investments says the corn market is still trying to digest the shock of USDA’s January reports. March corn futures came within striking distance of the Aug. 12 low at $4.10.
Brad Kooima with Kooima Kooima Varilek says strong cash has been supportive of the cattle futures and he expects a higher week in the fed market again this week. Grains are still digesting USDA’s bearish reports.
Arlan Suderman, chief commodities economist with StoneX says the move surprised him even though their customer survey’s during the season had yield at 186 bu.
Ken Ferrie gives some practical tips on how you can rely more on facts and less on your gut to reduce management mistakes and achieve better cropping outcomes.
Jerry Gulke, president of the Gulke Group, says many farmers believe that corn and soybean yields need to be cut but he will be watching the ending stocks for direction.
Darren Frye with Water Street Solutions says the trade guesses are fairly conservative with not many changes expected. However, that is not the history of the January reports. So could there be a surprise?
If you want to plant early this spring, agronomists say to remember that fit soils and good weather are far more important guides to follow than the date on your calendar.