• Jul 21, 2015

    Crop conditions hold steady in Upper Midwest

    Crop conditions across most of Minnesota and much the Midwest have been quite favorable through the first half of the growing season. Crop conditions in a large segment of the southern Corn Belt have been much less favorable during most of the growing season, due to the significant amount of late and prevented planting, along with excessive rainfall in many areas during June and early July....More
  • Mar 17, 2015

    National Ag Week 2015 2

    National Ag Week is being celebrated March 15-21 all across the United States, with Wednesday, March 18, designated as National Ag Day. As we celebrate National Ag Week, it is a good time to reflect on all the traditions and advancements that help make the U.S. agriculture industry second to none! Here are some interesting statistics about today’s agriculture industry....More
  • Jun 4, 2014

    Patience at this stage of the game is "best of practice" for most US producers.

    After trading to almost $5.15 per bushel (just 17 trading sessions back, on May 6th to be exact) the new-crop DEC14 contract has dropped some $0.60 cents per bushel. I'm not calling this a bottom or looking for a complete turnaround, but I do think...More
  • May 30, 2014

    Fresh NEW Soybean highs or has the party finally ended??? 1

    Soybean "technicians" continue to look for the market to tip its hand in one direction or the other as for a clue if we will make another run to fresh NEW highs or has the party finally ended???    The old-crop JUL14 contract high of $15.36^6 posted last Thursday might be out of the question, especially if you take into account the upcoming Index roll....More
  • May 28, 2014

    Soybeans: It's only when the tide goes out you discover who was swimming naked 1

    From what I am hearing most end-users are about 65-75% covered through July but have next to nothing done for August. Obviously everybody is hoping imports will help resolve the situation, but no one is clearly certain about how this game will end.    Soybean traders are digesting the fact the US planting pace is now AHEAD of our traditional average.  The USDA released data yesterday showing that 59% of the crop is now planted vs. 41% last year and 56% on average. In addition 25% of the crop is now "emerged" vs....More
  • May 22, 2014

    3 elements of today's soybean market whiplash

    Bears continue to feel the pain and side-effects of Injuries sustained by the sudden and unexpected jerking of the markets higher. I continue to monitor both the NOV14 and NOV15 soybean contracts in hopes of making another round of sales and further reducing downside risk and exposure....More

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