So far April and May have shown considerable amounts of market volatility. This all started with the USDA’s release of their Quarterly Stocks and Planting Intentions Report on March 28th. This is historically a much anticipated report as it gives us a bench mark for grain stocks (as
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Your Cooperative Blog
Wheat Growers Insights for Field and Farm
Posts tagged with "Grain Marketing"
Grain Stocks and Market Reaction
May.
6
Taking Advantage of Market Volatility Around USDA Report Releases
Apr.
10
Today's USDA release of the April Supply/Demand report again provided us ample amounts of market volatility just seconds after the first numbers hit the news wires. What a great opportunity for filling a Working Target Order!
One thing
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Winter Grain Marketing Meetings
Feb.
5
Join us for the Wheat Growers 2013 Winter Grain Marketing Meetings, "Staying Afloat in a Sea of Volatility" featuring Tregg Cronin, CHS Hedging.
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Morning Market Insight
Jan.
23
January 23rd, 2013
By: Lynn Miller – Grain Originator, Grebner
CORN: 7:55 March -1 : New Crop -1/2
REMARKS:
Corn values torn for the day yesterday between lower wheat and significantly higher bean
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Morning Market Insight
Jan.
22
January 22nd, 2013
By: Lynn Miller – Grain Originator, Grebner
CORN: 7:55 March +5 ¼ : New Crop +2 ¾
Morning Market Insight
Jan.
21
January 21st, 2013
By: Lynn Miller – Grain Originator, Grebner
Just a reminder, the markets are re-opening at 7:00 tonight. A quick look at the early opening calls.
CORN: 2 – 3 Higher
SOYBEANS:
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Morning Market Insight
Jan.
21
January 21st, 2013
By: Lynn Miller – Grain Originator, Grebner
Markets are closed today in honor of Martin Luther King Jr. Day. Re-opening tonight at 7:00 pm.
Winter Marketing meetings will be coming to an
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Morning Market Insight
Jan.
17
January 17th, 2013
By: Lynn Miller – Grain Originator, Grebner
CORN: 7:55 March +3/4 : New Crop -1/2
REMARKS:
Poor ethanol numbers yesterday had corn on the defensive from the start of open outcry.
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Morning Market Insight
Dec.
19
December 19th, 2012
By: Lynn Miller – Grain Originator, Grebner
As I write this morning, the dollar trades at a two-month low, now down 317 points while crude is trading $0.64 higher. This should be supportive for the grain
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Morning Market Insight
Dec.
18
December 18th, 2012
By: Lynn Miller – Grain Originator, Grebner
Just the talk of good rain chance pressured us lower yesterday. The national weather service is watching two systems that could each be bringing rain to the parched
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Morning Market Insight
Dec.
17
December 17th, 2012
By: Lynn Miller – Grain Originator, Grebner
A headline this weekend read: “Crop Insurance potential target in Fiscal Cliff Deal”. We knew the fiscal cliff talks were going to affect the outside
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Morning Market Insight
Nov.
9
November 9th, 2012
By: Lynn Miller – Grain Originator, Grebner
Many have been talking this past week about the significance of today’s USDA Report. They feel this report will set the tone for commodities through year-end with no real
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Morning Market Insight
Nov.
8
November 8th, 2012
By: Lynn Miller – Grain Originator, Grebner
Grains held their own nicely yesterday in the grand scheme of things with the DOW down 300 points and crude down $4 per barrel at one point. I guess the economic sector voiced their opinion
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Morning Market Insight
Nov.
7
November 7th, 2012
By: Lynn Miller – Grain Originator, Grebner
Well the votes are tallied and it appears we’ll have another four years with Barrack Obama. Fund action, or should I say reaction, appears to be fairly quiet in the wake of the
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Morning Market Insight
Nov.
6
November 6th, 2012
By: Lynn Miller – Grain Originator, Grebner
Election Day. Be sure to get out the vote today. I am curious to see just how much volatility will come in this one day. Is one candidate better for the trade than another?
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Morning Market Insight 09/28
Sep.
28
Morning Market Insight
September 28th, 2012
By: Lynn Miller – Grain Originator
CORN: 7:50 Trading +18
REMARKS: Rumors abound of a livestock group in North Carolina buying some 15 cargoes of Brazilian corn pressuring the
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Morning Market Insight 09/27
Sep.
27
Morning Market Insight
September 27th, 2012
By: Lynn Miller – Grain Originator
USDA’s Quarterly stocks report out tomorrow morning.
CORN: 7:50 Trading -5
REMARKS: Across the board grain liquidation
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Morning Market Insight 9/26
Sep.
26
Morning Market Insight
September 26th, 2012
By: Lynn Miller – Grain Originator
CORN: 7:50 Trading -9
REMARKS: With nothing really new in the news yesterday corn values closed weaker with wheat. Focus the next
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Morning Market Insight 9/25
Sep.
25
Morning Market Insight
September 25th, 2012
By: Lynn Miller – Grain Originator
CORN: 7:50 Trading +4
REMARKS: Corn values were rather lethargic yesterday as beans started the day aggressively downward. These
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Morning Market Insight 9/24
Sep.
24
Morning Market Insight
September 24th, 2012
By: Lynn Miller – Grain Originator
CORN: 7:590 Trading -2
REMARKS: Corn appears to be holding it’s own on yield reports that so far have varied across the
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Morning Market Insight
Sep.
17
Sep 17th 2012
Brad Olson
Grain Marketing Specialist
Corn: As of 7:30- 13 lower
The corn market is running into pressure last night/this morning as harvest progresses. Even with the lower production, high prices and the lack of carry
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Morning Market Insight
Aug.
17
Morning Market Insight
August 17th, 2012
By: Lynn Miller – Grain Originator
CORN: 7:30 Trading -2
REMARKS: Values firm yesterday, believe it or not, carried on the strength in Wheat. Some anxiety out
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Morning Market Insight
Aug.
16
Morning Market Insight
August 16h, 2012
By: Lynn Miller – Grain Originator
CORN: 7:00 Trading +3
REMARKS: Overall a good day in the world of corn yesterday as poor early harvest results start to pour into the market
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Morning Market Insight
Aug.
15
Morning Market Insight
August 15h, 2012
By: Lynn Miller – Grain Originator
CORN: 7:45 Trading +3
REMARKS: We saw a really choppy, bounce-around trade yesterday as the market appears to be consolidating at these new
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Morning Market Insight
Aug.
14
Morning Market Insight
August 14h, 2012
By: Lynn Miller – Grain Originator
CORN: 7:45 Trading 5 higher
REMARKS: The market did a nice job of stoking my ego yesterday as we were down all session on carryover selling
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Morning Market Insight
Aug.
13
Morning Market Insight
August 13th, 2012
By: Lynn Miller – Grain Marketing Specialist
.
CORN: 7:40 Trading -9
REMARKS: Friday’s USDA report put a 123.4 bu/acre yield number out there for us. This number,
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August 10 USDA Supply/Demand Estimates
Aug.
9
Tomorrow morning at 7:30 the USDA will release it's August WASDE (World Agricultural Supply and Demand Estimates) report.
Will we see them drop their production numbers to levels the market has been trading? What will they do with projected ethanol grind, feed
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July 30th Crop Condition/Progress Report
Jul.
30
Weekly Crop Conditions released this afternoon showed a continued drop in Corn and Soybean conditions - not surprising. Corn was down 2 percentage points in the Good/Excellent category this week to 24%. Most notable changes were MN down 5% (rated 56% G/E) and SD down 4%, but one
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July 11th USDA Supply/Demand Recap
Jul.
11
The USDA aggressively cut the US Corn yield by 20 bu/ac from their June estimate, now figuring 146 bu/ac. This drops production by 1.82 billion bushels. Total usage was lowered by 1.055 billion bushels with ethanol grind lowered by 100 million bushels, exports down 300 million, and
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July 9th Crop Conditions/Progress Summary
Jul.
9
Today's Crop Progress/Conditions were released inline with market expectations - lower ratings on continued dry and warm growing conditions. Corn was down 8% from last week and now rated at just 40% Good/Excellent. This relates to 69%
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Morning Market Insight
Jul.
6
Morning Market Insight
July 6, 2012
By: Lynn Miller – Grain Marketing Specialist
As much as I hate to say it, and as awesome as this rally has been, everything that goes up must come down.
CORN: 7:45 Trading -15
Morning Market Insight
Jul.
5
Morning Market Insight
July 5, 2012
By: Lynn Miller – Grain Marketing Specialist
I hope everyone had a chance to enjoy the 4th of July Holiday, now bad it’s back to the daily grind. The Chicago Board of Trade will open today
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June 25th USDA Crop Conditions/Progress Report
Jun.
25
This afternoon's USDA Crop Conditions Report was out and as expected both Corn and Soybean ratings were lower than last week. Corn was down 7% nationwide now rated at 56% Good/Excellent. Most notable changes were: Illinois (Down 15%), Indiana (Down 10%), and Missouri (Down
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June 18 Crop Conditions
Jun.
18
Today's Crop Conditions were out and were lower as expected by the trade today. Nationwide corn was down 3% in the Good/Excellent category from last week at 63%. Most notable declines were in Indiana (down 12%), Ohio (down 11%) and Nebraska (down 8%). South Dakota was
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June USDA Supply/Demand Report Items
Jun.
11
Here are the Average Trade Guesses for some key portions of tomorrow's June USDA S/D report that will be released @ 7:30 am. Last month's numbers are also referenced in parenthesis.
2011/2012 Ending Stocks
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Expanded Trading Hours for Grains
Jun.
6
As of May 20, 2012, the commodity markets trade 21 hours per day beginning in the late afternoon at 5 pm and trade continuously until 2 pm the following afternoon. We no longer have the anticipation of “Where will the market open at 9:30?” personally I miss that.
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Target Orders
Feb.
10
Friday, February 10, 2012
Shelley Fuerst, Grain Originator
Target Orders are a great way to take advantage of this very volatile market. By having your order in place, you don’t have the stress of trying to catch what may be a very short lived rally. These
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Pre-Opening Comments
Dec.
13
Pre-Opening Comments
December 13, 2011
By: Lynn Miller, Grain Originator-Grebner
CORN: 3 Higher
REMARKS:
Fundamentally in the corn market we don’t have a lot going on and what is there is pretty much a mixed bag.
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Wheat Growers Local Market Recap - for the week ending November 4th, 2011
Nov.
4
After a week of hearing about the continuing EU problems and everyone waiting in anticipation for the November 9th USDA report, the grain futures markets did not do a whole lot. By the end of the week we saw Corn end 1 cent higher and Winter Wheat was 20 cents lower off of the December futures. Wh
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Grain Power Probe
Oct.
12
Would you like to know exactly the quality of the grain in your bin is and what that grain is worth?
Wheat Growers offers a Bin Power Probe Service that will allow you as the producer to know exactly the quality of grain you have in your
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Will Crop Insurance Affect Winter Wheat Acres?
Oct.
4
Winter wheat planting has begun and so far the planting pace is dragging. With a severe drought ravaging through the southern states producers are opting to wait and see if much needed rain develops before putting the seed in the ground. The question that needs to be asked is,
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How will the market treat Green Beans?
Sep.
29
Combines are starting to roll in bean fields around the area. The frost has brought about the questions about potential discounts due to green, immature beans.
The market treats green beans as regular damage. At our SDWG locations, green beans will fall under total
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Market Carry
Sep.
28
Many of you have probably heard the phrase “carry in the market”. What does this mean and how can I use it in my marketing plan? Carry, in simple terms, means that the market is willing to pay you more for delivery tomorrow than it is for today. Conversely, the term inverse would
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