Market Commentary 

Exporters saw a glimmer of excitement this week with flash sales of beans. But aside from that and a promising announcement from the Biden administration, the markets remained largely quiet. Unfortunately, that is typical this time of year.

Good afternoon. Harvest is finally starting to wind down as we are down to the last 5%, give or take, in this area. Yields are still holding up very well and what is in the field seems to be standing well also...

Hope you all had a great Thanksgiving last week with your families! Welcome to December 1st. We have rolled our cash corn and wheat bids from Dec to March futures...

Good afternoon. Well, how about another huge week of corn harvesting. My goodness, everyone is running as hard as they can for the finish line, and a few are getting there. Corn drying continues to be a bottleneck everywhere, even though we have seen some good dry-down again this...

Good afternoon. We are in the gut slot of the harvest season. Typically, at this time we are on the downhill slide, but that sure isn’t the case this year. Still some beans out that will likely be picked on this weekend as the weather is supposed to be nice...

Good afternoon. We seem to be stuck in a pattern of rain every four days. We managed to get one day of bean harvest this week so that is something. There were some starting to harvest corn and they are happy with the yields, but the corn is wetter this year than we have been...

Good afternoon. Everyone seemed to get a good run of beans this week and yields have been somewhat better than anticipated. That is a welcomed sight as the flat price continues to work lower as harvest pressure continues to weigh on the market...

Harvest is slow to get going around here. Soybeans are not ripening very fast, and the corn isn’t drying down. It appears that the users of corn had enticed enough farmers to start harvesting corn as the basis for cash deliveries have backed off substantially this week...

Hard to believe we are at the halfway point of September. Sure doesn’t look like it when driving around. Crops are still green, and very little are starting to turn.

USDA’s World Agricultural Supply and Demand Estimates (WASDE) report was released on September 12th and supplied some unexpected changes.