Market Commentary 

Weekly Crop Commentary - 9/15/2023

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.

Grain Market Update - September 2023

Sep 13, 2023 | Heritage
USDA’s World Agricultural Supply and Demand Estimates (WASDE) report was released on September 12th and supplied some unexpected changes.

Weekly Crop Commentary - 9/1/2023

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...

Weekly Crop Commentary - 8/18/2023

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.

Weekly Crop Commentary - 8/11/2023

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,

Weekly Crop Commentary - 8/4/2023

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 ...

Weekly Crop Commentary - 7/21/2022

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.

Weekly Crop Commentary - 5/26/2023

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. 

Weekly Crop Commentary - 5/12/2023

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...

Weekly Crop Commentary - 5/5/2023

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...
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