Insights
Market Update
Sep 4, 2020
Agronomy, Crop Management, Grain, Market Update, Soybean, Technology
SOYBEANS Nov 2020 Soybeans up around 15 cents on the week. Causes are numerous but these are our favorites: AGGRESSIVE buying from the Chinese (call it 20+ boats sold) as they need the soybeans and call Brazil around 50-60 cents more expensive into China than PNW execution until March when the Brazilian crop should be… Read More
Market Update
Aug 28, 2020
Agronomy, Crop Management, Grain, Market Update, Soybean, Technology
Chicago Board of Trade Corn Futures for December delivery traded 12.5 cents higher on the week due to concerns over lower national yield expectations as well as uncertainty over the derecho that hit Iowa on August 10, 2020. CBOT Soybeans for November delivery improved by 42.5 cents on the week due to similar concerns that… Read More
Market Update
Aug 14, 2020
Agronomy, Crop Management, Grain, Market Update, Soybean, Technology
We had some higher markets this week due to decent responses to the WASDE on Wednesday and then the aftermath from the FSA data dump on Wednesday afternoon. Between the two events, CZ20 rallied 19 cents on the high and is currently hanging out around 15 cents higher than the 10:50 am low on Wednesday.… Read More
Market Commentary 7/31/2020
Jul 31, 2020
Agronomy, Crop Management, Grain, Market Update, Soybean, Technology
GRAIN COMMENTS Grain/Soy markets continue to focus on the nearly PERFECT weather for most of the US. Call US corn yield 176.5 to 179 (maybe even 181), with beans somewhere between 50 and 52. So the production side looks intact for the time being. Perhaps old Chip Flory can get a modest rally with some… Read More
Market Update
Jul 16, 2020
Agronomy, Crop Management, Grain, Market Update, Soybean, Technology
After getting through the simply classic July 4th week weather market, we now have some exciting things going on in the grain complex. Things are starting to feel a bit more demand-led. CORN As expected, the WASDE did not give us anything out of the ordinary. Those expecting a yield drop because of some pineapple pics on Twitter DID not do their homework… Read More
Pre-WASDE Comments
Jul 9, 2020
Agronomy, Crop Management, Grain, Market Update, Soybean, Technology
To say that we have a lot going on in the markets is an understatement. We have heat domes, Chinese purchases of corn and soybeans (maybe even wheat?) and concerns on crops in the Black Sea region. Given all this action, we wanted to cover at least the basics and talk about the WASDE report… Read More
ACI Market Commentary 7/2/2020
Jul 2, 2020
Agronomy, Crop Management, Grain, Market Update, Soybean, Technology
Market Update 7/2/2020
ACI Market Update 6/12/2020
Jun 12, 2020
Agronomy, Crop Management, Grain, Market Update, Soybean, Technology
Grains/Oilseeds A total snoozer of a USDA report where the WASDE showed very limited changes to balance sheets – they took down corn production in ND on old crop due to the fact some still have not been harvested and they modestly reduced ethanol grind. The resulting 20/21 carryout remains extremely large but that is nothing new and the market doesn’t seem… Read More
Market Udpate 6/5/2020
Jun 5, 2020
Agronomy, Crop Management, Grain, Market Update, Soybean, Technology
Grains/Oilseeds It was an active week in the grain and oilseed complex with decent volatility and mostly firmer values. Soybeans saw a very constructive week with plenty of export flashes to China as well as a strong Brazilian Real. (4.97 at current compared to 5.33 last Friday and 5.88 on May 13th) Elevations are decent for the US exporter, should be interesting to see if we… Read More
Dry Edible Beans: Plan Your Pre-emergence Weed Attack
May 28, 2020
Agronomy, Crop Management, Grain, Market Update, Soybean, Technology
Looking at 2020 contract prices and market opportunities, we have seen a lot of growers shift to dry edible beans this year. So, with #plant20 in full swing, we wanted to take a look at the pre-emerge herbicide options our customers have for dry edible beans this season—to help keep them ahead of weed pressures.… Read More
