Commentary

COMMENTARY 7/5/18

Drier and warmer than normal for the next two weeks, according to the forecasts, but a look at the radar indicates different.  Tomorrow a cool-off an then back to the heat again after the weekend.  Good thing we received plenty of rain recently to go WITH the heat!   […]

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COMMENTARY 7/3/18

Happy Independence Day!!  We celebrate because it was on these days in 1776 that the US officially declared its independence, AWAY from Britain.  Today’s market closed early at 12:05pm.  Market is closed Wed for the holiday.  No overnight market Wed night until Thurs at 8:30 am.  CORN UP 5 […]

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COMMENTARY 7/2/18

Hot?  Yes.  Wet? Very much yes!  An upper level high should blanket the Central US for the next two weeks!  Bands of heat and showers are expected with a cool down this coming weekend.  Some 31% of yc and 26% of ysb acres have recv’d 8” in the last 30 days, specifically parts […]

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COMMENTARY 6/29/18

The heat has arrived and there was no shortage of strange happenings.  It’s Fri, month end, second quarter end, first notice day for July fut, pollination starting, AND it is a pseudo-holiday weekend with July 4th falling smack-dab in the middle of next week.  Another 1-2″ of rain […]

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COMMENTARY 6/28/18

The heat is HERE!!  The July temp outlook was a little bit BIGGER of a question until the market closed this afternoon.  Could be some WILD activity on tomorrow’s report being first notice day for July futures AND having the USDA report at the same time!  CORN DOWN 7 […]

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COMMENTARY 6/27/18

The heat is arriving and the July temp outlook is a little bit BIGGER of a question mark.  CORN UNCHANGED Better to start the am but DID finish flat.  Things got weaker, bid-wise, the farther you get from nearby, into next year.  Firmness today was in part to the […]

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COMMENTARY 6/26/18

From Sec of Ag Perdue on trade, “ We have not unveiled our strategy, as it is not good practice to open our playbook while the opposing team is watching. But farmers should know this: They have stood with President Trump and his policies, and we will […]

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COMMENTARY 6/25/18

KS and OK saw more rain yesterday.  More scattered showers for the Corn Belt and the farther we get into the week, the hotter it gets.    CORN DOWN 7 Funds sold some 17,000 contracts today.  The effects of a trade hit closer to home as our biggest pork consume […]

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COMMENTARY 6/22/18

Our unsettled weather continues for the next 10-14 days with “radar elusive” pop-up showers and cooler temps, but the heat is waiting just around the corner as we get into mid next week!  Forecasts show ridging late next week, with another 1-2″ of accum is expected for about a […]

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COMMENTARY 6/20/18

China’s Missing Trade Data: The longer China delays publishing its trade data for April, the more it feeds speculation about possible ulterior motives behind withholding the numbers and hurting credibility. China’s customs usually releases detailed import/export data for a given month in the fourth week of the following month. […]

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