Blog
May 22, 2018The US corn planting progress reported this week had the US at 81% completed which is right at the average pace for this time of year. Wisconsin was reported at 56% completed as we continue to lag here with all the rain. Soybeans were reported ahead of average at 56% completed, compared to 44% on
May 17, 2018Wow, the weather has really straightened out in the last couple of days. We are seeing planting starting back up again before the weekend weather hits. The weather throughout the US continues to be warm with rain in the forecast. The weather in Brazil has rain coming in for the weekend. The trade is seeing
May 15, 2018Check out these tips on how to care for laying chickens from chick to the laying stage. When chicks are babies you will need a draft free pen with a heat lamp on at all times. The temperature should be around 92⁰F. When they have started to feather out you can reduce temperature by five
May 15, 2018What two weeks of somewhat good weather does! The market has some optimism this week with the Chinese delegation arriving to Washington for tariff talks. The hope is less tariffs in the agriculture sector and progress on moving forward. Making grain move freely to China. Spain continues to buy sorghum that was slapped with an
May 10, 2018World 18/19 bean carryout at 86.7mmt vs an estimated 90.52. US 18/19 bean carryout at 415 million bushels vs an estimated 535 million bushels. World 18/19 corn carryout at 159.2 mmt vs an estimated 186.35 mmt. US 17/18 corn carryout 2.182 billion bushels and 1.682 billion bushels for 18/19. 18/19 wheat production at 1.821 billion
May 8, 2018The planters are definitely rolling at a fast pace, getting the crop in the ground. Monday’s crop progress report showed how quickly farmers can get the crop planted. Last week the report showed a slight delay in planting. This week many states are ahead of their average. Illinois was 32% planted last week, this week
May 3, 2018Good Morning! Markets are mixed on this rainy Thursday morning. Prices are somewhat lower as basis softens across the country, starting with a pull back from plants in Illinois. Ethanol production was up this week to 303 million gallons versus the 290 million gallons from last week. However, ethanol stocks also grew from 911 million
May 1, 2018The month of May is starting off with much better weather for planting in the US. Yesterday’s planting progress report had corn plantings at 17% complete vs. 27% on average. The soybean planting was at 5% complete vs. 5% on average. Winter wheat was rated at 33% good to excellent vs. 31% last week and
April 26, 2018Good Morning, Yesterday started out pretty quiet until about 9:00am when I started receiving some emails talking about damages in a port in Argentina. The markets started rallying and my phone started ringing asking what was going on? This is what we know so far: An ocean vessel fully loaded crashed into a dock in
April 24, 2018Welcome Spring! Amazing how one week makes a difference in weather. The market will look for advances in planting with favorable weather forecasted for most the of the US. While Southern Brazil has not seen rain in two weeks and looks dry for the next 14 days affecting the Safrina corn crop. Corn planting is