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 …
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 …
StoneX Report Shines Light on Prices Under Pressure
StoneX Commodities released an 80-page report recently providing insights in how they see markets performing in the third quarter. StoneX third quarter outlook shows corn and soybean prices remaining under pressure, especially later in the quarter with ample supplies heading into harvest. Wheat, they say, can be firm to a bit higher amid tight supplies here and also in Europe. …
Weather Forecast Up for Debate
Weather forecasts front and center in the grain trade here at midweek, but U.S. and European weather models disagree going forward. Bottomline grain analysts suggest that commodity fund traders have been looking for any reason to go long in this market, and weather was the reason this week. Now, there’s a catch. European weather models show a hot, dry August …
Fire Danger Increased From Dry Conditions At Harvest
Harvest 2025 Ahead of Average, But Dry Conditions Raise Fire Concerns Harvest 2025 continues to move ahead of the five-year average in several key states, fueled by another week of dry weather. While this helps speed up fieldwork, the lack of moisture is increasing fire danger across much of the country. Conditions in some areas are less severe than in …
Rabobank: Corn Prices Could Exceed $4 a Bushel
A new report from Rabobank shows an increased chance of four-dollar corn this growing season. As 2018 corn planting is underway, the report shows key risks are developing that can drive price volatility and potentially sustain elevated grain prices through the 2018/19 season. The report explains that while demand is staying firm, the projected corn acres and current global corn …
New Study: RIN Price Cap for E15 RVP Waiver “Deal” Would Cut Ethanol Consumption and Trounce Corn Prices
Any action to artificially cap Renewable Identification Number (RIN) prices in exchange for an RVP waiver allowing year-round sale of E15 would be bad deal for rural America and the nation’s consumers, according to a new economic analysis released Tuesday. Such a tradeoff would result in reduced ethanol consumption, a drop in corn prices, and an effective cut of 5% …
No Change to Corn Price Forecast
Despite the increase in USDA’s corn crop forecast, Gary Crawford reports it hasn’t prompted a change in its price forecast for the new crop. Sponsored ContentCIR Agriculture Harvester ProductsJuly 1, 2026FL Cattle Enhancement Board Wraps up Funding YearJune 30, 2026Florida Cattle Enhancement Board Awarded Researcher Discusses New World Screwworm OverviewJune 19, 2026Verdant Robotics Offers Growers Targeted Application of …
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