Market Commentary
Weekly Crop Commentary - 6/21/2024
Jun 21, 2024
| Heritage
Good afternoon. We have reached the summer solstice and the start of summer. It sure has felt like summer all week long, and the weekend looks hot too. The potential for a shot of rain and some cooler temperatures on Sunday sure will be welcomed.
Weekly Crop Commentary - 6/7/2024
Jun 10, 2024
| Heritage
Good afternoon. This week was yet another wild one in the grain markets. We worked our way lower for the majority of the week, and then Thursday came and we won back most of those losses.
Weekly Crop Commentary - 5/31/2024
May 31, 2024
| Heritage
Good afternoon. Hard to believe we are at another month's end, but here we are. Scattered rains since the weekend have kept field activity this week at a minimum.
Weekly Crop Commentary - 5/24/2024
May 24, 2024
| Heritage
Good afternoon. Hard to believe we are on the Memorial Day weekend. Another month has absolutely flown by. Planting progress made great strides this week.
Weekly Crop Commentary - 5/17/2024
May 17, 2024
| Heritage
Another week has gone by. The markets have perked up only to level back out to where we were two weeks ago. Wheat looks like the support for the markets right now because of Russia’s crop loss due to frost and the continuing conflict with Ukraine.
Weekly Crop Commentary - 5/3/2024
May 03, 2024
| Heritage
Good afternoon. It’s been a wild week for sure. The markets seem to be ending the week working substantially higher. We have several factors contributing to this, but weather is in the forefront.
Weekly Crop Commentary - 4/26/2024
Apr 26, 2024
| Heritage
Good afternoon. Well, wheat has been the word of the week. In the last 7 trading sessions July wheat has rallied 70¢ off the lows. This is quite a feat indeed, as the old-crop wheat spreads are making new lows.
Weekly Crop Commentary - 4/19/2024
Apr 19, 2024
| Heritage
Good afternoon. It’s been a while since our last communication. There hasn’t been much change in the grain markets. They just continue to grind along here as we struggle to find a story.
Weekly Crop Commentary - 3/22/2024
Mar 22, 2024
| Heritage
What another wild week in the grain markets. Volatility is still very high, and even the slightest bit of news, good or bad, has massive implications on prices.
Weekly Crop Commentary - 3/15/2024
Mar 15, 2024
| Heritage
Good afternoon. First of all, we want to keep folks affected by the tornadoes last night in our prayers. We did have some very nice weather for the majority of the week, and receipts did pick up nicely as farmers decided to haul grain.