Market Commentary

Weekly Crop Commentary - 11/20/2020

Nov 20, 2020

The futures market continued to surge higher this week as excellent export numbers persisted with potential concerns for southern hemisphere production issues. USDA is reporting that we have 1.884 billion bushels of soybeans traded thus far for export, which is 86% of this year’s anticipated sales...

Weekly Crop Commentary -11/13/2020

Nov 13, 2020

For the past two weeks, we had been anticipating adjustments to the USDA supply/demand tables in the November crop...

Weekly Crop Commentary - 11/6/2020

Nov 06, 2020

Grain futures traded at levels we haven’t seen in over three years this week. Soybean futures are posting gains...

Weekly Crop Commentary - 10/30/2020

Oct 30, 2020

The commodity markets were under pressure for most of the week as funds took profits prior to the end of the month. The negative outlook was driven by weather concerns that are easing in the southern ...

Weekly Crop Commentary - 10/23/2020

Oct 23, 2020

Good Afternoon. Harvest progress that was released on Monday afternoon had corn harvest in Ohio at 24% complete...

Weekly Crop Commentary - 10/16/2020

Oct 16, 2020

The USDA reported national bean harvest progress across the country at 61% completed compared to Ohio at 49%. The national corn harvest is 41% complete in the U.S., with Ohio ...

Weekly Crop Commentary - 10/9/2020

Oct 09, 2020

The soybean market remains the story of this fall harvest. We continue to hear additional export trades to China this week with close to 800MB for the first quarter of the marketing year loading. The market is now calling it “The China G...

Weekly Crop Commentary - 9/25/2020

Sep 25, 2020

The futures market has not been kind this week as we have lost a dime in corn and close to fifty cents on soybeans.

Weekly Crop Commentary - 9/18/20

Sep 18, 2020

Commodity markets continue to trade higher this week as we have additional daily export trades being announced. Soybeans lead the way with total bookings into the new crop year at a record 1.188 billion bushels which are already 56% of the US...

Weekly Crop Commentary - 9/21/2018

Sep 18, 2020

Happy Senior Citizen’s Day to all my fellow senior citizens! On Monday, the USDA, lowered the Iowa corn crop good-to-excellent rating by 10% after the “derecho storm” that caused major damage. Early indications are we may have lost 350-500 million bushels of crop production...

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