Marketing

Soybeans Are Down But Not Out Yet!

Mon, 20 May 2013 19:07:00 +0000

South American supplies will NOT be able to help overall shortages in both U.S. corn and soybeans.

Grain Market Viewpoint

Soybean Prices Under Pressure

Wed, 15 May 2013 16:20:00 +0000

November soybean futures have seen little movement since late April; soybean prices have ranged from $11.90 to $12.40/bu. They closed Monday (May 13) at $12.09. And with USDA’s projected average season prices as low as $9.50, beans in the teens and even $12 prices may soon be history.

May 10 WASDE Could Cause Grain Market Concerns

Tue, 14 May 2013 19:38:00 +0000

The USDA Crop Production and World Agricultural Supply and Demand Estimates (WADSE) Reports released on May 10 were regarded as bearish for the corn market and neutral to bearish for the soybean market in the coming months. Corn stocks are expected to more than double by the end of the next crop marketing year, while the ending stocks for soybeans are expected show more moderate increases for the 2013-2014 marketing year, which runs from Sept. 1, 2013 to Aug. 31, 2014.

Focus on Ag

May 2013 WASDE: Corn, Soybean Production, Supply Estimates Up, Prices Down

Fri, 10 May 2013 22:42:00 +0000

Source: USDA

Corn production for 2013-2014 is projected at 14.1 billion bushels, up 3.4 billion from 2012-2013. Soybean production is projected at a record 3.390 billion bushels, up 375 million from the drought-reduced 2012 crop on slightly higher harvested area and higher yields. Corn prices and soybean prices are both projected down from highs last season.

May 2013 WASDE Breakdown and Perspective

Fri, 10 May 2013 17:56:00 +0000

Breakdown of the USDA numbers...

Grain Market Viewpoint

Corn Prices, Soybean Prices in 5 Years

Fri, 10 May 2013 15:12:00 +0000

Source: Farmgate blog

Although challenges to planting the 2013 crop may provide some degree of support to corn and soybean prices, they have quickly faded from the 2012 highs and are threatening to diminish further from the highs that began in 2007.

Why Corn Could Turn Bullish

Thu, 09 May 2013 13:52:00 +0000

I'm starting to sharpen my bull horns in corn!

Grain Market Viewpoint

USDA to Update 2013-2014 Forecasts

Tue, 07 May 2013 21:21:00 +0000

With Friday morning’s monthly USDA supply/demand update expected to show only minor adjustments in 2012-2013 estimates, the corn and soybean trade will focus on the agency’s first monthly estimates for 2013-2014.

News from Brock Associates

Should You Sell Corn?

Thu, 02 May 2013 21:51:00 +0000

Corn bulls were happy to see ethanol production at 857,000 barrels per day (largest since last July), and were also happy to see strong blender demand pushing ethanol stocks lower as well. I should point out there were ZERO ethanol imports reported last week.

Grain Market Viewpoint

Bullish corn story might be developing in the far east.

Thu, 25 Apr 2013 15:04:00 +0000

Keep the Chinese weather situation up on the radar screen..

Grain Market Viewpoint