Grains end 2021 with a win December 31, 2021
This year was a clear win for corn pricing. Gains of 21% were noted on a year over year basis. This metric uses the March C '22 close of today vs. the March C '21 close at the end of 2020. Though the fall '21 corn harvest was 7% larger than 2020 the market is holding clear premiums. Valid grain fundamentals include concern over the coming 2022 Brazilian harvest and 2022 fertilizer availability. There is still an expectation China will be buying US product in the coming weeks. Additionally, outside market support comes from energy pricing and inflation concerns.
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Allendale Insider
Allendale Insider
On The Go
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Cattle futures expect another gain for cash this week.
June 6, 2023
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Corn and soybeans add premium, but cautiously
June 6, 2023
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Corn and soybeans add premium, but only cautiously.
June 6, 2023
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Cattle hope for a second week of wins.
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Condition Ratings Come In Weaker Than Expected
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On The Go
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June 6, 2023
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June 5, 2023
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Market Movers
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Crop Progress Gives Grains a Lift
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Grains See Improved Weather Conditions Ahead
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Overnight Trade Puts Beans and Wheat in the Middle of Last Week’s Trade
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Macro Selling Seen, Rain Coverage Increases
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Market Movers
June 6, 2023
June 5, 2023
June 2, 2023
June 1, 2023
May 31, 2023
Snapshots
Snapshots