Market Commentary 

Weekly Crop Commentary - 9/16/2022

Sep 16, 2022 | Heritage
The USDA released its latest round of crop production estimated numbers on Monday. The initial market reaction to this bullish report had beans trading 60 cents higher and pulled corn up a dime on the day...

Weekly Crop Commentary - 9/9/2022

Sep 09, 2022 | Heritage
Good afternoon. I hope you all have had a chance to enjoy the fantastic weather over the past few days. The corn market has continued to chug along since the July 22nd low. It has gained back $1.20 as I am typing this. That is real money, and we saw an uptick in sales of new...

Weekly Crop Commentary - 9/2/2022

Sep 02, 2022 | Heritage
This week, we saw the USDA continue to show declining crop ratings. Ohio corn declined another two percentage points on the week, putting us 14 points lower than last year. Soybean conditions held consistent for the week and remain five points lower than last year. 

Weekly Crop Commentary - 8/26/2022

Aug 26, 2022 | Heritage
The grain markets are finding support this week as we reach the final Friday in August. The rain in the southeast and Delta has delayed harvest...

Weekly Crop Commentary - 8/19/2022

Aug 19, 2022 | Heritage
The grain markets continue to work towards new crop values as harvest has begun in the Southeast. Local basis levels continue to fade as demand is working to bridge the gap while farmer’s bushels continue to flow out of grain bins to market.

Weekly Crop Commentary - 8/12/2022

Aug 12, 2022 | Heritage
The grain future prices have traded stronger this week, with corn up twenty cents and beans up thirty cents prior to today’s USDA crop report...

Weekly Crop Commentary - 8/5/2022

Aug 05, 2022 | Heritage
Good afternoon and welcome to Friday once again. The weekly crop condition report had Ohio corn getting better by one percentage point from the prior week...

Weekly Crop Commentary - 7/29/2022

Jul 29, 2022 | Heritage
Weather fear put a bounce in the market this week. Forecasts are calling for excessive heat in the next six to ten days but watch for updated weather Sunday night…

Weekly Crop Commentary - 7/1/2022

Jul 01, 2022 | Heritage
The final Friday in April and man, this month went fast. During my travels over the last couple of evenings, I have seen a lot of field work being done.

Weekly Crop Commentary - 6/24/2022

Jun 24, 2022 | Heritage
Commodity prices are trying to improve today after a very rough week, as crop conditions have improved in the Midwest. The anticipated weather outlook is looking better than expected, with ample moisture and easing temperatures, this has turned funds to sellers.