Wednesday May 25, 2022

Red across the board this morning as the global market cools off, searching out alternatives for expensive corn and wheat  China ramping up Brazilian corn purchases as their harvest continues, taking attention away from the North American supplies   Scattered rains in the U.S. will slow corn and bean planting harvest but will offer a needed drink […]
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Tuesday May 24, 2022

Markets recovered some of Fridays losses on Monday but slipping lower again this morning Pressure put on the markets as planting progress begins to catch up across the U.S.   U.S. Crop Progress and Conditions Report Corn planting reached 72% complete – compared to average of 79%  Soybean planting 50% complete – compared to average of […]
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Thursday May 19, 2022

Markets recovering from overnight losses – wheat still lower but not as drastically as in overnight trade and still well ahead of where we closed out last week  Wheat Quality Council Tour continues in Kansas in the Southwest reporting 37 bu/ac yield estimates compared to the average of 47.1 bu/ac SovEcon pegged 2022 Russian wheat […]
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Wednesday May 18, 2022

A rare feeling of optimism from the Black Sea region pressuring the wheat market lower today after an aggressively higher start the week  Russian wheat production estimates are coming in high at 85 million MT with 39 MMT of that slotted for export  Adding weight to the wheat market this morning, Untied Nations is reportedly […]
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Tuesday May 17, 2022

Wheat off highs as there seems to be some uncertainty about the severity of the export ban in India Corn and soybeans taking a good jump in planting across the U.S. in stride this morning as field activity will be halted for a day or two before the American farmer is back in the planter after […]
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Monday May 16, 2022

Wheat continues to dominate the news cycle, soaring to new highs this morning bringing the other commodities up with it  India banned wheat exports on Saturday as a heat wave across the country sparked fears of production losses  The ban is intended to secure domestic supplies as production comes into question  They will be honoring […]
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Friday May 13, 2022

Mixed markets this morning with wheat taking back some of the massive gains made post report yesterday as corn and beans sit just around yesterdays close The wheat market continues to battle with global uncertainty post USDA report sitting just off yesterdays highs as the report offered no relief to the tightness in global wheat supplies  […]
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