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In the overnight electronic session the Corn could not hold Runaround Sue or Turnaround Tuesday so far at this juncture. In the overnight electronic session the December Corn is currently trading at 329 ½ which is ¾ of a cent lower. The trading range has been 331 to 327 ¾ so far. I don’t see [...]

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Talking to farmers in northern states that their corn crop is coming in much better than originally feared. Add that to a record crop coupled with a carryover  much higher than expected we will see harvest pressure mode for sure. In the overnight electronic session the December contract is currently trading at 329 ½ which [...]

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Talking with farmers across the country and we are both scratching are heads with the cash market versus the futures. The futures for some reason have not found a reason to bounce. In the overnight electronic session the December Corn is currently trading at 337 which is 1 ¼ cents lower. The trading range has [...]

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In the overnight electronic session the December Corn is currently trading at 340 ¼ which is 1 ½ cents lower. The trading range has been 341 ¾ to 340 so far. The market needs some bullish headline to bring in buyers as we head into Autumn next week. On the Ethanol front the October contract [...]

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In the overnight electronic session the December Corn is currently trading at 341 ½ which is 2 ¼ cents lower. The trading range has been 344 ¼ to 341 ½ so far. Changing weather patterns and cooler overnight temps are a reminder of winter is coming back. We may have a reality check that the [...]

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In the overnight electronic session the December Corn is currently trading at 348 which is 5 cents higher. The trading range has been 350 ½ to 342 ¼ so far. Cooler than norm temps couple with light rains have enticed buyers back to the market.  As we head into the weekend we should see the [...]

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Farmers are starting out slow this harvest season being a little behind this early. Warmer temperatures will let them play catch up but that is not in the forecast this week. Below normal temperatures are in the prognosticators sights this week with no real let up until the weekend. The below normal temperatures may insight [...]

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Yesterday’s report estimated U.S. Corn growers will harvest 14.395 billion bushels versus last month’s forecast of 14.032 billion bushels. Average Corn yields were pegged at a record 171.7 bushels per acre up from last month’s estimate of 167.4 per acre. These numbers were supplied by Tennille Tracy and Sarah Portlock of Dow Jones Newswires. In [...]

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This morning at 7:30 A.M. we also have Export Sales and Initial Jobless Claims. The Grain market will focus on the 11:00 A.M. Crop Production and USDA Supply/Demand report. In the overnight electronic session the December Corn is currently trading at 344 which is 1 ¾ of a cent lower. The trading range has been [...]

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The storms forecasted for the area were right on the money so far. Heavy rains hit with a bang and worse weather is expected today leaving a cold front in its path that could ignite frost scares in some growing areas ahead of tomorrow’s Crop Production and USDA Supply/Demand report. In the overnight electronic session [...]

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The headline says it all what we will have to bear this week. Tonight heavy rains start and tomorrow torrential downpours are forecasted with hail and the possibility of tornadoes. Frost conditions after the fact may be another bullish factor not to mention the monthly Crop Production and USDA Supply/Demand report. In the overnight electronic [...]

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We have had some absolutely beautiful weather over the weekend that helped farmers hit the fields. But hold on to your hat, there are forecasts for torrential a downpour come Wednesday. In the overnight electronic session the December Corn is currently trading at 352 which is 4 cents lower. The trading range has been 358 [...]

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