by ago_admin | Sep 8, 2021 | Grains, Market Reports
Prices continue to find pressure as harvest looms, but considering there is a September WASDE we are finally seeing some pricing and short-covering. Soyoil futures follow a higher palm oil direction, helping to support bean and oilshare. Corn has put in a bit of...
by ago_admin | Sep 2, 2021 | Grains, Market Reports
This week Farm Futures Magazine released their 2022 United States Planting intentions. Normally when I see these numbers, I look at it like the guy who is putting out next years mock draftthe day after this years draft is done. As I thought more about this, there is...
by ago_admin | Aug 31, 2021 | Grains, Market Reports
Prices were weaker yesterday and are mixed this AM, with soyoil sporting the largest losses. Oilshare is lower again as traders buy meal/sell soyoil. Liquidating Sep. positions and load disruptions due to Hurricane Ida in the Gulf impacted prices negatively. The size...
by ago_admin | Aug 24, 2021 | Grains, Market Reports
Prices opened higher across the board on crop progress numbers. Markets may be oversold and due for a bounce. Ratings were a bit of a surprise, under trade expectations and friendly for the market. This report runs contrary to bearish comments from the Pro Farmer crop...
by ago_admin | Aug 17, 2021 | Grains, Market Reports
A surprising crop ratings report and more chatter about bean demand presented a higher open, and funds were buyers in the overnight session. Grains followed, with meal gaining slightly on soyoil. Trends of note include buy beans/sell corn and buy wheat/sell corn. By...
by ago_admin | Aug 10, 2021 | Grains, Market Reports
The August USDA WASDE Report is set to be released on the 12th at 11:00am Central Standard Time. The markets have been mostly range bound leading up to the report and there seem to be strong feelings on both sides of the equation. The spotlight is expected to be on...