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Downtrend in Grains Intact

Downtrend in Grains Intact

Lower overnight grain prices suggests yesterday's recovery was only a Tuesday turnaround pattern. But markets are short-term oversold.

Mix of Precip Expected Across Corn Belt

Mix of Precip Expected Across Corn Belt

The forecast calls for below-normal temps across the Corn Belt, with warmer conditions seen across the West, South and East Coasts.

Consultant Adopts 'Neutral' Bias Toward U.S. Crops

Consultant Adopts 'Neutral' Bias Toward U.S. Crops

Dr. Michael Cordonnier notes stable crop conditions could be short-lived if soil moisture contnues to dry out.

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Cash Sales Monitor

50% of 2015-crop corn is sold

2015-Crop Corn Sales

Cash-only marketers are 50% sold and hedgers are 65% sold in the cash market.

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60% of 2015-crop wheat is sold

2015-Crop Wheat Sales

Cash-only marketers are 60% sold and hedgers are 75% sold in the cash market.

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50% of 2015-crop soybeans are sold

2015-Crop Soybean Sales

Cash-only marketers are 50% forward sold and hedgers are 65% in the cash market.

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35% of 2015-crop cotton is sold

2015-Crop Cotton Sales

Cash-only marketers and hedgers are 35% forward sold in the cash market.

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