Sep 15, 2023 | Heritage
Hard to believe we are at the halfway point of September. Sure doesn’t look like it when driving around. Crops are still green, and very little are starting to turn.
Sep 01, 2023 | Heritage
Well, Labor Day weekend is here, the unofficial end of summer. Not going to feel like it, as we are supposed to be headed into the mid 90’s the middle of next week. Honestly, the heat is still needed as crops are still a long way from maturity...
Aug 18, 2023 | Heritage
Happy Friday everyone! I can’t believe it’s back to school time for the kiddos. Where has the summer gone? Outside markets are continuing to see losses due to lingering concerns on inflation allowing money flow to make its way into commodities.
Aug 11, 2023 | Heritage
All eyes this week have been focused on the USDA report today, it had a little bit for everyone. If you’re on the bullish side we did see some reduction in yields, which were already expected by the trade. If you’re on the bearish side,
Aug 04, 2023 | Heritage
Hard to believe we are into August already, but here we are. Another volatile week in the grain markets as favorable weather forecasts continue for much of the Midwest. Condition ratings for corn dropped two percentage points for the nation but did get one point better ...
Jul 21, 2023 | Heritage
This week has brought double digit moves in both directions in the futures markets. Improved crop condition ratings on both corn and soybeans, and a somewhat bearish crop report last week.
May 26, 2023 | Heritage
Grains this week did show some signs of life again. Corn and beans have rallied some 40 cents each this week, but wheat continues to struggle. News of a fairly substantial wheat purchase into an eastern US port from Europe seemed to keep wheat futures subdued.
May 12, 2023 | Heritage
Hope planting season is off to a good start for you all! I’ve seen quite a few planters out the last couple of days. Aside from some chances of rain today and tomorrow, the next two weeks are looking pretty promising weather wise. Grain markets on the other hand have not of...
May 05, 2023 | Heritage
The commodity markets are finishing the week on a firmer tone today. Support is coming from fund buying on continued geopolitical concerns in the Black Sea region and weather concerns of continued dryness in Kansas and Nebraska. Corn for the week has added a dime and beans are up...
Apr 28, 2023 | Heritage
The commodity markets have traded lower for most of the week, both corn and beans are down close to fifty cents. China’s cancellation of US corn purchases this week got the sell off started. Corn for export in the Gulf is currently trading at a discount to Midwest domestic ...