Monthly archive for September 2017

COMMENTARY 9/29/17

No rain in sight to help raise the river level!! CORN UP 3 Top of the spotlight is again soaring barge freight and low water.  Couple that with today being the last day to price old crop dp was a toxic combination.  Lots of selling is hard […]

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COMMENTARY 9/28/17

Warm/dry for the Central US through at least Sun and no real rain in sight. In SA, showers are in store for the NE half of Argentina’, with totals over an 1” in freshly planted sunflower regions.  Heavy rains are forecast for Brazil and Paraguay over the weekend followed by a week of drying. CORN DOWN 2 Low […]

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COMMENTARY 9/27/17

Rain for the HRW in the SW Plains into tomorrow while most of the Central US stays dry Sun.  In SA, showers are in store for the NE half of Argentina’, with totals over an 1” in freshly planted sunflower regions.  Brazil and Paraguay are warm/dry, except for chilly portions of S Arg wheat, where highs have […]

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COMMENTARY 9/26/17

CORN DOWN 2 Barge freight firmed again today, but cif managed to take out some of the sting, with nearby values actually improving some. Low water continues to be a problem for logistics and the upper IL River is back open again after being closed yesterday so […]

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COMMENTARY 9/25/17

  CORN UNCHANGED Hot/dry allows fields to ripen lightning fast!  No rain in the river over the weekend which continues to keep freight market on edge.  Still more old crop moving than new.  GOOD ADVICE:  HOLD  UNSOLD BU’S OFF THE MARKET by any (most) means possible. Will have this […]

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COMMENTARY 9/22/17

Sharply drier (and warmer) weather is forecast for the E, allowing corn/bean harvesting and SRW wheat planting to get rolling in the Delta and SE portion of the Corn Belt.  Widespread rain in much of Brazil from late next week forward will be the start of the “rainy season”.  Argentina also looks […]

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COMMENTARY 9/21/17

Whew, It’s HOTT out there! CORN UNCHANGED Very light.  Export sales were out this morning and were disappointing at 20.7 vs expectations of 28-39 mill bu. Mexico, Japan, and Columbia were the big buyers. Yield reports continue to be hard to substantiate. Hot/dry conditions are helping hurry ripening. The Texas Panhandle […]

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COMMENTARY 9/20/17

Still have an eye on the river gauge.The OH and MS Rivers both need rain to bring river levels higher in order to load full drafts.  Low water levels  causing significant draft restrictions and causing the cost per bushel to increase! CORN UP 2 Still waiting for […]

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COMMENTARY 9/19/17

The OH and MS Rivers both need rain to bring river levels higher in order to load full drafts.  Low levels last week caused significant restrictions and caused the cost per bushel to increase. Multiple rounds of storms are in store for the much needed Plains.  Significant […]

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COMMENTARY 9/18/17

Multiple rounds of storms are in store for the much needed Plains.  Significant accum is also slated for the W Corn/bean Belt, while the Central and South are on the dry side which will help speed harvest ripening.  The OH and MS Rivers both need rain to […]

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