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 12, 2015 | Corn Futures, Grain Markets, Soybean Futures
Corn futures and soybean futures initially went limit down following today’s USDA Crop Production report which increased corn and soybean yield estimates significantly. Corn futures ended the trading day down .195 cents at $3.68 per bushel and soybean futures down...
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...
by Brian Schad | Aug 5, 2015 | Grain Futures, Grain Markets, Soybean Futures
Soybean futures usually follow corn in planting each season, but a Midwestern field agronomist is touting a change in this long held view in an effort to produce higher yields than customary. Soybean futures are up .11 cents today, currently trading just above $9.53...
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