Due to USDA’s plantings report showing a smaller soybean crop this year, traders are now re-aligning their strategies. Mark Oppold has more information.
Questioning the Grain Trade Pullback
There are many questioning the recent pullback in the grain trade. Mark Oppold reports it is hard to understand the bullishness being found right now.
Tracking Commodity Prices for First Half of Year
Some of the 48 commodities being tracked did fairly well through the first half of the year. Mark Oppold looks at some of the top performers, including agricultural commodities.
Watching the Weather in the Grain Trade
We’ve talked before how the weekly crop reports are something grain traders look at closely. And as Mark Oppold reports, this is especially true right now as all eyes are on weather conditions.
Watching the Grain Market Sell-Off
Traders continue to watch what is happening with the grain trade. As Mark Oppold reports, some wonder just how low is too low.
Grain Market Resembles a Year Ago
While dry conditions continue in many areas of the Midwest, Mark Oppold reports the grain trade resembles a year ago.
USDA Reminds Producers to File Crop Acreage Reports by July 17
A deadline reminder for crop producers. That’s coming up on This Land of Ours. Agricultural producers who have not yet completed their crop acreage reports after planting should make an appointment with their local USDA office before the applicable deadline, which for many places and crops is July 17. USDA’s Farm Service Agency (FSA) also reminds producers with login access …
Cotton Futures Losing Ground
When it comes to the cotton trade, futures have seen a losing trend as of late. Mark Oppold has more details.
Cotton Futures Not Following Grain Trade
Markets re-open today after a long holiday weekend. But Mark Oppold reports some will be watching cotton futures, as last week they didn’t follow the grain trade.
Farmer Sentiment Sours as Crop Prices Decline
Producer sentiment fell to its weakest reading since July 2022, as the Purdue University-CME Group Ag Economy Barometer Index declined 19 points in May to 104. The month’s weak sentiment reading was fueled by declines in both of the barometer’s sub-indices. The Index of Future Expectations declined 22 points to 98, while the Index of Current Conditions fell 13 points …