Commentary

COMMENTARY 8/16/18

Forecast is wetter-yet with another 1″ to 3” of accum for 60% of the Belt as we move into next week. The NW 40% is expected to get a ½ to 1 ½”.  Temps expected to be cooler than normal over the next 10 days, especially next week!  Export Sales, out […]

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COMMENTARY 8/15/18

Forecast is wetter-yet with another 1″ to 3” of accum for 60% of the Belt as we move into next week. The NW 40% is expected to get a ½ to 1 ½”.  Temps expected to be cooler than normal over the next 10 days, especially next week!  Export […]

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COMMENTARY 8/14/18

The forecast is wetter as three systems merge together as we get into next week.  Possibly 1 1/4″ to 2.5″ over 60% of the Southern crop and 40% of the North.  Temps are expected to cool some. CORN UP 6 Big news today.  Argentina may freeze its export tax on meal and […]

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COMMENTARY 8/13/18

Most areas in the Belt are expected to get rain this week.  The Dakotas are in need of some, especially S. Temps, are thought to be rather mildly normal.  Friday’s devastating market was largely an affect of large scale Fund selling. CORN DOWN 1 Looking for news and held up […]

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COMMENTARY 8/10/18

CORN DOWN 11 Today’s report had only a slightly negative effect and not to be confused with largely negative like we saw today in ysb’s.  Old crop carryout was left unchanged at 2.027.  18/19 Production was increased 356 mill from 14.230 to 14.586 bill.  Carryout was 1.684 bill vs a […]

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COMMENTARY 8/9/18

  CORN UNCHANGED Pre-report squaring in front of tomorrow’s USDA report. Thursday’s Export Sales FIRM at 21.8 mill  vs expectations of 12-24 for old crop and new crop at 25 mill and expected to rise further. Tomorrow, the avg guess for a Prod of14.416 bill with a 176.2 yield. […]

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COMMENTARY 8/8/18

A high pressure system sets us up for cooler temps NEXT week locally with highs in the mid 80’s.  The Plains, however, will be above normal with highs in the 90’s, including ALL of the spring wheat and some 20% of corn and beans.  Some isolated showers are expected […]

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COMMENTARY 8/7/18

A cooler front should create chances for showers for the SE half of the belt the next few days with 3/4″ to 1.5″ expected, followed by a week of dry, especially for the NW. Heat focusing now on the Plains. CORN UNCHANGED Today had a pre-report type of feel.  Yest’s 1% drop in […]

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COMMENTARY 8/6/18

A cooler front should create chances for showers for the SE half of the belt the next few days with 3/4″ to 1.5″ expected, followed by a week of dry, especially for the NW. Temperatures, however, for the NW will be warmer than normal this week, including the spring wheat.  and the […]

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COMMENTARY 8/3/18

Most areas expected to be a little drier than normal over the next two weeks especially in the spring wheat areas.  Some scattered showers for the NW portion of the corn belt. CORN UP 3 Corn spent much of the day in the green despite wheat trading lower, supported by […]

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