Insights
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
Market Update 5/22/2020
May 22, 2020
Agronomy, Crop Management, Grain, Market Update, Soybean, Technology
Grains/Oilseeds A fairly quiet week in Grains and Oilseeds with not too many features in the futures markets. Corn was essentially unchanged on the week (down a quarter-cent) and Soybeans were a penny weaker as the ebb and flow of good and bad news out of China put a lid on any performance in beans.… Read More
Coronavirus Farm Relief Payment Resources
May 22, 2020
Agronomy, Crop Management, Grain, Market Update, Soybean, Technology
More details were released on how the $19 billion Coronavirus farm relief payments will be allocated. Sign-up will begin on May 26th with payments coming as soon as mid-June. USDA will provide $16 billion in direct payments to farmers and ranchers including: $9.6 billion for the livestock industry $5.1 billion for cattle $2.9 billion for… Read More
Market Update 5/15/2020
May 15, 2020
Agronomy, Crop Management, Grain, Market Update, Soybean, Technology
Grains/Oilseeds Corn market finished lower on the week after the USDA increases 20/21 carryout. Although the report was bearish overall, a glimmer of hope was seen as they expect ethanol grind to be higher than private analysts’ estimates. Regionally, corn basis bids firms significantly as the country elevator and ethanol producer look to fill space with the anticipation… Read More
Market Update 5/8/2020
May 8, 2020
Agronomy, Crop Management, Grain, Market Update, Soybean, Technology
Macro Equity markets were firmer on the week with the Standard & Poor’s 500 Index up over 3% to 2928. Overall optimism on the opening back up of states, and the market’s view that the Fed is actually going to have negative rates in Q4 of this year have pushed the concept of “there is… Read More
ACI Market Update 5/1/2020
May 1, 2020
Agronomy, Crop Management, Grain, Market Update, Soybean, Technology
Macro It was a mixed performance from the macro environment with equities rallying Monday-Wednesday while taking a breather Thursday and Friday with today’s losses being the most significant. Currently, the Standard and Poor’s 500 Index is at 2822, a touch lower than the close last Friday at 2836. The market continues to fight between the accommodative Federal Reserve and the scary earnings that are… Read More
