by Brian Schad | Sep 29, 2015 | Corn Futures, Grain Futures, Grain Markets
The corn futures trade is pricing-in the harvest activity currently underway in the 18 states that have made-up 94% of last year’s corn acreage. Corn futures are up almost .03 cents today trading at $3.895 per bushel at the Chicago Board of Trade. The nation’s primary...
by Brian Schad | Sep 23, 2015 | Grain Futures, Grain Markets, Soybean Futures
Soybean futures have been put on notice coming into the northern hemisphere harvest, but in the southern, the currency crisis in Brazil has been a boon to soybean farmers there looking to unload their crop. Soybean futures, down four out of the last five trading...
by Brian Schad | Sep 2, 2015 | Grain Futures, Grain Markets, Wheat Futures
Wheat futures may have a new situation to deal with in the foreseeable future – poor quality as well as quantity of the soft-red winter wheat variety said to be of the poorest rated going back more than 20 years. Wheat futures are trading lower by .07 today,...
by Brian Schad | Sep 1, 2015 | Corn Futures, Grain Futures, Grain Markets
Corn futures are trading within last month’s USDA crop production report’s price range for that particular day, but corn farmers in the Midwest are reporting crop damage due to first, soaking rains in late spring/early summer, followed by a hot and dry August. Corn...
by Brian Schad | Aug 13, 2015 | Grain Futures, Grain Markets, Wheat Futures
Wheat futures will have to assess the damage done to South American crops affected by the reportedly worst El Nino to strike the continent in 30 years. Wheat futures ended the day up .11 cents to close just above $5.03 per bushel at the Chicago Board of Trade. This...
by Brian Schad | Aug 6, 2015 | Grain Futures, Grain Markets, Wheat Futures
Wheat futures have rallied just over .20 cents from Monday’s monthly lows, but that’s peanuts compared to the unexpected $1.27 drop in wheat prices from the June 30th high. Wheat futures are up a nickel currently trading at $5.07 per bushel at the Chicago Board of...
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