USDA Reports
Jon Scheve discusses what is impacting corn and bean prices right now and if the lows for the year have been hit.
Jon Scheve discusses where corn prices will likely go over the next 2 months.
Soybeans and Wheat Prices Follow
What does it mean for the balance sheets and future prices?
Joe Kooima of Kooima Kooima Varilek says row crops have had a tough week making new lows — and Friday is off to a similar start.
USDA’s June Acreage report tends to be a major market mover. Ahead of the report, we asked economists to weigh in on where think the acreage numbers could land in the report set to be released June 28.
A lackluster WASDE report had the same effect on the markets this week. Jerry Gulke, president of the Gulke Group, doesn’t think there’s going to be a whole lot of change in acreage in USDA’s report at the end of June.
Jon Scheve discusses the May USDA report and explains why it was likely neutral for corn and a little bearish for beans.
USDA’s May WASDE report sent corn and soybean prices higher, it also caused wheat to soar. However, one analyst questions why the trade viewed the latest report as so bullish.
Corn and soybeans have been under pressure the last few sessions, bringing prices back near some pivotal price points ahead of today’s WASDE report.