We join others never forgetting those lost 25 years ago this day, coordinated terrorist attacks in New York, Washington DC, and those who thwarted an additional attack crashing in a field in rural Pennsylvania. We pause and we remember. This is the Bottom-Line Report. A monthly supply demand and production estimate seems less urgent today, yet the grain trade awaits …
Corn, Wheat, and Soybean Futures
Late week highs in corn, soybean, and wheat futures could be new targets going into the September crop report from USDA a week from today. Watching December corn at the 550 level, November soybeans 1324-1325. Most analysts expect USDA to come below the pro-farmer corn number and at or maybe a little below their soybean number. Several producers that I’ve …
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 …
Monthly Crop Report Affected by Weather
Tomorrow’s monthly crop report could be pushed aside by changing weather forecasts. The July report historically can be a non-factor, always squeezed between the quarterly stocks and final acreage numbers that come at the end of June, and the August report that for the first time is based on actual field surveys and not computer models. That report, by the …
Grain Trade Seeing Lower Lows At Harvest
Bottom Line grain analysts wonder if the grain trade is getting a little ahead of itself here in early June. Corn, soybean, wheat futures all seeing lower lows on a regular basis. Wheat in fact is lower 10 sessions in a row, even with conditions here at harvest the lowest in 37 years. Harvest pressure is here, combines rolling in …





