Grain markets traded mostly lower this week as the complex dealt with thin volume on the shortened trading week, due to the U.S. Thanksgiving holiday. More broadly, grain markets are watching for any news on trade negotiations between the U.S. and China. Weather out of South America is usually a catalyst for this time of… Read More

On Wednesday, September 12th the USDA came out with one of the most bearish World Agricultural Supply and Demand Estimates (WASDE) reports in recent memory, destroying any pre-report expectations — especially for corn and soybeans. Going into the September WASDE report, the market was already quite bearish on soybeans, expecting to see 2018/19 ending stocks in… Read More

Grain markets crossed the mid-point of August on the good news that the United States government has set meetings with China to discuss concessions and ways to mitigate the ongoing trade problems that have hammered grain prices. We have to be rational with our expectations, but there is some optimism that geopolitical banter will be for the better…. Read More