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This Tuesday, the USDA will release its November report. The average trade guess has the agency increasing soybean yields by half a bushel while possibly lowering corn yields by a bushel. However, the...
Looking back, we can see that we had an opportunity two months ago to lock in some decent corn prices, but most of us let it slip by. Most knew we had a good crop by then, but the greed disease kicked...
We are heading into the final week of October, and harvest is finally moving like it should. Most of the wet spots have dried up, and reports of stuck combines have become less common. If the weather ...
Another rough week in the grain trade, with December corn closing down 5 cents and November soybeans losing 31 cents.
Illinois yield was down one bushel, while Iowa, Indiana, and Minnesota remained unchanged. Meanwhile, Nebraska’s estimated yield jumped 11 bushels, despite poor crop ratings throughout much of t...
I remember years ago when my grandmother heard something disturbing, her favorite response was, “Oh my.” My reaction to last week’s markets was about the same: “Oh my.”
In the recent past, when the news was really positive for the U.S., the administration has released the news quickly. This delay makes it look like perhaps no major agreement was made and they are all...
We saw slower-paced grain trading last week. December corn ended the week 3 cents lower while November beans were 7 cents higher. Traders seem to be waiting for more harvest data out of the Midwest, w...
I'll be working as a Grain Originator with Smith Fertilizer & Grain. My goals are to provide SFG customers with additional contracting opportunities, market updates and other information to he...
The USDA released their September WASDE report last Friday. Going into report day, a lot of the discussion centered on where they would put the national corn yield.