844.845.6688 info@crmg.us

Market Moment

Grains results for All Months from All Years

Will We Get It Planted?

Published on Monday, April 16, 2018

The question of the day....Will we get the corn crop planted this year?  The answer....YES!  There will no doubt be a lot of questions regarding late planting dates and what impacts that will have on yield.  However, the biggest question right now is why the market has not responded to all of the late planting conditions that will be experienced in the Midwest.  While this past...

Learn More

USDA Report Numbers

Published on Tuesday, April 10, 2018

The USDA released their April WASDE with little by way of surprises. For the second quarter in a row, feed estimates were lowered following larger stocks figures. In total, 50 million bushels were reduced from feed numbers along with a 5 million bushel reduction to industrial use. This combination elevates the balance sheet to 2.182 billion bushels. Offsetting this increase wer...

Learn More

Tariff Talk vs. Market Walk

Published on Monday, April 9, 2018

A great deal has been said about tariffs in the past week.  Early in last week's trade, the much anticipated, highly publicized $50 billion steel and aluminum tariffs were signed by the President.  As reported, it was an effort to shorten the trade deficit as well as to penalize the Chinese for violations of intellectual property.  The Chinese responded swiftly by announcing $5...

Learn More

Corn Dethroned as King - Now What?

Published on Monday, April 2, 2018

For 35 years corn has maintained its position as the crop of choice for US farmers.  Last Thursday the USDA announced its annual prospective planting report and in that estimated the American farmer will plant 89 million acres of soybeans and 88.02 million acres of corn.  If realized, this would be the first time since 1983 that soybean acreage has eclipsed that of corn.  ...

Learn More

USDA Announces Lower Corn & Soybean Acres with Larger Quarterly Stocks

Published on Thursday, March 29, 2018

Planting Intentions: USDA reported that corn planted area in 2018 is estimated at 88.0 million acres, down 2 percent or 2.14 million acres from last year.  Soybean planted area for 2018 is estimated at 89.0 million acres, down 1 percent from last year.  For the first time, soybean planting intentions will exceed corn.  See Chart below.  While this notion was generally accepted...

Learn More