heat

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 …

crop

Forecast to Affect Crop Yields

Corn futures at six-week highs, at mid-week soybeans seven-week highs, and the hot, dry weather is extended. Some private forecasters are already pulling back the top end of yield potential for corn and soybeans, we are told. Bottom Line analysts say that even a one-bushel-per-acre decline in the national soybean yield drops new crop ending stocks by over 70 million …

weather

Weather Affecting Industries

World events certainly affect grain, and livestock markets all year long, but as we move deeper into July, weather takes more of a spotlight for both. Markets back open today after the holiday. We hope it was a great weekend for family and friends. We mentioned in a report last week that December corn historically reaches a top 10 to …

corn

Date Projections for Corn Reaching 50% Pollination

Our partners at Commodity Weather Group released a report recently that projects dates at which the corn crop will reach 50% pollination. Commodity Weather Group’s report is based on planting dates, accumulated growing degree days, also factoring in current 15- and 30-day weather forecasts. The report shows the bulk of the nation’s corn crop, basically anywhere north of Interstate 80, …