barley

Good morning Farmer Family … USDA released its October WASDE report yesterday and, as expected, was a big market movers. Soybean prices showed a 1.44% upside. Meal went home with a 2.04% gain. Soy oil lifted a 0.18% by the close. However the report didn’t prove as helpful for corn and wheat prices, as corn […]

WASHINGTON – October 12, 2022 According to the US Department of Agriculture, the outlook for 2022/23 U.S. wheat this month is for lower supplies, domestic use, export, and stocks. Supplies are reduced on lower 2022/23 production based on the NASS Small Grains Summary that indicated reductions in both harvested area and yield. This lowered production

Good morning Farmer Family … US farm markets were mixed but mostly lower yesterday.  Corn prices traded mostly lower, with the market settling 0.75% in the red. Soybean stayed firm through the session, closing just 0.16% higher.  Meal prices worked both sides of the market but ultimaltely ended the day with a 0.07% gain.  Soy oil

Good morning Farmer Family … The escalation in conflict between Russia and Ucraine over the weekend, generated new concerns about availability of Black Sea shipments. That caused wheat prices to jump substantially higher yesterday. Chicago SRW wheat price, indeed, got to within a half of a penny of their daily 70 cent limit, then prices