If you would like to receive our grain comments and cash recommendations on a trial basis, go to the link below. Follow Ag Watch Market Advisors on Facebook for timely information not posted in our commentaries. Corn Outlook: The bulls, who bet on a reduction in South America’s corn crop, have been punished. While the[…]
If you would like to receive our grain comments and cash recommendations on a trial basis, go to the link below. Follow Ag Watch Market Advisors on Facebook for timely information not posted in our commentaries. Corn Outlook: The bulls are dancing to the drum of a weather market in South America, which has[…]
Overview: There were no startling surprises in the crop production report today other than the soybean yield was higher than expected at 44.7 bpa. Meanwhile, traders expect the USDA to lower corn yields from 162.5 bpa in subsequent reports. Right now, the driving force in the grains is the funds, which are holding enormous long[…]
Here are the latest stats and figures on the major grain crops from the USDA. The highlights are: corn is down two percent and soybeans are up one. Corn production is forecast at a record 13.2 billion bushels, down 2 percent from the August forecast, but up from the previous record of 13.1 billion bushels[…]