Market Information

Despite the recent downturn, November 2023 soybean futures are at the second highest level of the past 10 years and are almost $2.00 above the five-year average for November futures …

While the U.S. national average corn yield declined from August, prices were pressured by a higher production estimate compared to last month due to a larger-than-expected increase in harvested acreage. …

Significant changes in U.S. corn and soybean yields in the September USDA crop report vs. August have previously been seen. Along with this year’s uncertain weather impact, this suggests the …

With harvest fast approaching, many are attempting to predict what the trend in prices for corn and soybeans will be. As a student of the market, you know that price …

The 2022/23 crop year for corn and soybeans will end on Aug. 31. This past year has included many surprises. Now is a good time to highlight some marketing lessons …

High prices eventually “cure” high prices by encouraging increased production and demand destruction. The USDA this month forecast a 22% increase in combined corn exports from Brazil and Argentina for the …

Lower U.S. corn and soybean production and new-crop ending stocks highlighted the USDA’s August 11 Supply/Demand report. Immediately following the report, futures prices for corn and soybeans soared but subsequently …

Interest in the USDA’s August 11 Crop Production report is high. A review of changes in December corn futures and November soybean futures on the day that the August report …

The USDA next week will complete its survey for the Crop Production report on Aug. 11. History shows the potential for a significant change in the U.S. soybean yield from …

The USDA next week will begin its crop survey in preparation for release of the Crop Production report on Aug. 11. Recent history shows the potential for a significant change …

As pod set of the 2023 U.S. soybean crop begins to accelerate, uncertainty surrounding production potential remains historically high. Some suggest a price peak has already been made, while others …

Trading has been exceptionally volatile the past month in December corn and November soybean futures. On top of the surprise USDA Acreage report, weather forecasts are changing by the minute …

Those monitoring the corn market were surprised by Friday’s bearish USDA Acreage report. Not only was the updated corn plantings estimate up 2.1 million acres from March, but it was …

The USDA on June 30 will release the Acreage and Grain Stocks reports. An uptick in price volatility has often been associated with these reports, which can also be reinforced …

Corn pollination in the U.S. Midwest will begin in late June and accelerate throughout the month of July. This time is characterized by the greatest amount of uncertainty in the …

Price volatility in new-crop corn has been relatively low of late, although there is still considerable uncertainty about U.S. corn production potential. An effective risk management plan is extremely difficult, …

Price volatility during the summer often increases amid uncertainty surrounding the critical northern hemisphere growing season. The past few months have seen an unexpected collapse in corn prices, and more …

Weather related production concerns can present attractive pricing opportunities. Such events are often quite volatile, however, underscoring the importance of developing and implementing a disciplined approach to risk management. As …

The USDA Supply/Demand report released on May 12 provided the first official look at new-crop corn and soybean fundamentals. Of note was the forecast of record U.S. corn and soybean …

Dryness has surfaced key crop growing areas of the U.S. That is supported by the latest National Weather Service forecast for the month of May, which is projecting below normal …

The USDA’s May 12 Supply/Demand report is the first official look at new-crop corn fundamentals. Considerable variability from initial projections of ending stocks and average farm price to final levels …

Projections of the trend yield for U.S. corn in 2023 are varied. Regardless, recent history confirms that the final yield can be substantially above or below trend depending on post-planting …

Extreme, and unexpected, price volatility has been seen in new-crop soybean prices of late. Perception of market activity seemed to go from bullish optimism to pessimism in a short period …

Attention on the USDA monthly Supply/Demand report on April 11 will be on trends in South American production. With a significant percentage of the Argentina soybean crop yet to be …

The March 31 USDA Grain Stocks and Prospective Plantings reports were bullish for soybeans, supportive for old-crop corn, but bearish for new-crop corn. Given the uncertainty on weather associated with …

The USDA Prospective Plantings and Grain Stocks reports will be released on March 31. As highlighted last week, recent history suggests increased price volatility is possible on the day the …

Major changes in corn and soybean futures prices have been seen on the day when the USDA releases its Prospective Plantings and Grain Stocks reports. The magnitude of the changes …

The 2023 U.S. growing season is likely to have surprises—and opportunities. A review of the corn market since 2004 shows how quickly price perception and trend can change. This underscores …

Crop insurance and yield scenarios are examined for projected 2023 soybean production. As highlighted previously for corn, a marketing program that utilizes options in conjunction with crop insurance generates the …

Crop insurance has proven to be a valuable tool as part of a comprehensive risk management strategy. An updated review of various policy coverage levels and yield scenarios for 2023, …

Soybean futures since early-October have experienced a major rally, although increased uncertainty has surfaced in February. A wide swing in emotions has surfaced in association with the increased price volatility …

Marketing During Increased Price Volatility: It’s About Protecting, Not Predicting As reflected by the sharp increase in volatility in soybean futures on Wednesday, the wide array of factors that simultaneously affect …