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Good morning Farmer Family … As we forecasted, grain markets took a nosedive yesterday! U.S. corn, soybean and wheat prices, indeed, fell to multi-month lows, joining a broad sell-off in crude oil and equity markets. Fears of a global economic recession and waning demand for ag commodities, helped spur a selloff from outside money managers […]

Good morning Farmer Family … US markets were closed yesterday, for the July 4 holiday. Consequentially, no pre-opening for US farm markets, today.  Meantime, in energy markets, Brent oil prices dipped on Tuesday, reversing earlier gains of $1, as concerns of a possible global recession curtailing fuel demand outweighed supply disruption fears, highlighted by a potential

Good morning Farmer Family and good start to the week… Funds continue to exit Ag commodities.  Per latest Friday ‘s Commitment of Traders report, indeed, indicated corn spec funds pared 36,649 contracts from their net long position in the week ending June 28.  That took their net long down to 228,615 contracts by Tuesday but they

Good morning Farmer Family … Yesterday, NASS released the quarterly US Grain Stocks and the annual June Planted acreage reports.  As we said, planted acreage report and quarterly Grain Stocks updates, is one of the agency’s most highly anticipated reports of the entire year.  Traditionally, the price reaction on this report day can be dramatic;

Good morning Farmer Family … On Wedsneday, traders finished squaring some of their positions ahead of Grain stocks and Crop acreage Update reports, will release by USDA today. Also, next Monday US markets will be closed for the Independence Day holiday.  All that, left US farm markets with mixed results yesterday.  Nearby corn contracts firmed more then