We mentioned on this report about a week and a half ago that it would take extended hot dry weather and a bullish Pro Farmer Crop Tour number to push December corn up to and past the 550 level. Now the corn rally is now two weeks old nearly uninterrupted as we begin the first day of September and the …
Henry A. Wallace: More Than the Father of Hybrid Corn
Henry A. Wallace is widely remembered as a pioneering figure in American agriculture and as the father of hybrid seed corn. His work helped transform corn production and eventually led to the creation of Pioneer Hi-Bred, one of the most influential seed companies in American agricultural history. But Wallace’s legacy extended far beyond seed genetics. As Mark Oppold explains in …
Pro Farmer Crop Tour Numbers
Pro Farmer crop tour numbers are well absorbed into the trade now as well as the weekly crop updates. Bottom line analysts suggest moving December corn futures higher will need new data. But traders may have to wait until USDA’s September 11th crop report to get that data. USDA is sending out crop scouts right now. They’re doing their infield …
Updates on Grain Trades
Well, you might say the grain trade is taking yesterday’s production numbers with a grain of salt. Already looking forward to this September report on the 11th. Yesterday’s report was based on farmer surveys. Surveys that were returned anyway, and satellite data. Now, in the coming weeks, private crop scouts and USDA teams will be heading to the fields and …
August Crop Reports Released
The August crop report released at noon today. Most attention on the corn trade. Corn has struggled since reaching highs in mid-July over the 490 level with extended hot, dry weather. Weather since then has been favorable and private estimates that are released keep the national average yield at or near USDA’s 183. In fact, StoneX just last week surprised …
Mid-1840s Iowa Farms: How Corn Created the Tall Corn State
What Iowa Farms Looked Like in the Mid-1840s American agriculture has undergone remarkable changes over the past two centuries, but the foundations of modern farming can be traced back to the simple family farms that dotted the Midwest during the 1840s. In this edition of the American Agriculture History Minute, Mark Oppold highlights what a typical Iowa farm looked like …
August Crop Reports So Far
The August crop report next Wednesday. Some private forecasters slowly taking the top of national corn yield. Looking at the August report, an important one for the corn trade especially as the crop has pollinated for the most part and is filling ears now. USDA during the month of July has collected farmer surveys and also using satellite imagery to …
Commodity Report
Reviewing our list of 48 commodities that we track each day here at the Bottomline Report, grains and livestock switched positions as the month of July came to a close. During the month, the only grain ending in the red, as a matter of fact, was oats, down nearly 4%. Extended hot, dry weather helping soybeans gain 5% for the …
AgroLiquid Agronomist Explains Corn Stress in Hot and Dry Weather
A conversation with AgroLiquid’s National Agronomist is helpful to better understand corn stress with a mostly hot and mostly dry July. The calendar rolls to August tomorrow. Many areas of the country, though, have gone through July with minimal or no rain, while at the same time, heat indexes over 110 to 125 degrees. Stephanie Zelenko is the lead agronomist …
Temperatures to Rise Soon
Grain traders have shown reluctance to build additional weather premium into futures at this point, but temperatures returning to 100 degrees or more this weekend and into next week can certainly change that. Bottom line analysts say December corn needs consecutive closing over $4.76 to keep the upward momentum in place. August is soybean month, but another forecaster is holding …










