Your Cooperative Blog
Wheat Growers Insights for Field and Farm

Posted By Drew Johnson

Morning Market Insight

October 20, 2017
Drew Johnson
Grain Marketing Specialist

Re-issuing the comments as I incorrectly wrote corn is trading either side of $3.50 cash, when in fact it is tradeing close to $3.50 December futures.  



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Morning Market Insight

October 20, 2017
Drew Johnson
Grain Marketing Specialist


Corn: steady

This week’s corn trade has been about as exciting as watching paint dry. Corn is still trading pennies on either side of $3.50 cash, and trend remains sideways. Exports
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Morning Market Insight

October 19, 2017
Drew Johnson
Grain Marketing Specialist


Corn: 1 higher

Corn continuing sideways stuck between the low of $3.42 and $3.55 futures. Corn harvest, for the US, is not quite at the 50% as most farmers are cutting soybeans. Ethanol
[MORE]

Morning Market Insight

October 18, 2017
Drew Johnson
Grain Marketing Specialist


Corn: steady

Corn continuing to trade pennies on either side of $3.50 futures, and the overall pattern is stuck between a rock, at the contract low of $3.42, and a hard place at $3.55
[MORE]

Morning Market Insight

October 17, 2017
Drew Johnson
Grain Marketing Specialist


Corn: 1 lower

Lack of influential news keeps corn on range bound as it continues to trade between $3.45 and $3.55. Good weather forecasts should promote harvest progression. Export
[MORE]

Morning Market Insight

October 16, 2017
Drew Johnson
Grain Marketing Specialist


Corn: 1 lower

Last week, in the WASDE Report, the USDA said that corn will make 171.8 bushels per acre, and production will be 14.28 billion bushels. 2017/18 carry out is expected to be
[MORE]

Morning Market Insight

August 25, 2017
Drew Johnson
Grain Marketing Specialist

Member meetings for the proposed unification between South Dakota Wheat Growers and North Central Farmers Elevator have been scheduled, check with your local Grain Marketing Specialist, Agronomists
[MORE]

Morning Market Insight

August 24, 2017
Drew Johnson
Grain Marketing Specialist

Member meetings for the proposed unification between South Dakota Wheat Growers and North Central Farmers Elevator have been scheduled, check with your local Grain Marketing Specialist, Agronomists
[MORE]

Morning Market Insight

August 23, 2017
Drew Johnson
Grain Marketing Specialist

Member meetings for the proposed unification between South Dakota Wheat Growers and North Central Farmers Elevator have been scheduled, check with your local Grain Marketing Specialist, Agronomists
[MORE]

Morning Market Insight

August 22, 2017
Drew Johnson
Grain Marketing Specialist

Member meetings for the proposed unification between South Dakota Wheat Growers and North Central Farmers Elevator have been scheduled, check with your local Grain Marketing Specialist for dates and
[MORE]

Morning Market Insight

August 21, 2017
Drew Johnson
Grain Marketing Specialist

Member meetings for the proposed unification between South Dakota Wheat Growers and North Central Farmers Elevator have been scheduled, check with your local Grain Marketing Specialist for dates and
[MORE]

Morning Market Insight

June 30th, 2017

 

Corn acres, and stocks came in higher than expected.

Soybean acres came in the same at the March estimate, and stocks were slightly lower than the trade guess.

Total wheat acres were down, but stocks came in on the high side of
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Morning Market Insight

June 30, 2017
Drew Johnson
Grain Marketing Specialist

USDA QTR STOCKS AND PLANTED ACRES REPORT OUT FRIDAY AT 11 AM!
Talk to your Grain Marketing Specialist to place your target orders.


[MORE]

Morning Market Insight

June 29, 2017
Drew Johnson
Grain Marketing Specialist

USDA QTR STOCKS AND PLANTED ACRES REPORT OUT FRIDAY AT 11 AM!
Talk to your Grain Marketing Specialist to place your target orders.

Wheat Growers is
[MORE]

Morning Market Insight

June 28, 2017
Drew Johnson
Grain Marketing Specialist

USDA QTR STOCKS AND PLANTED ACRES REPORT OUT FRIDAY AT 11 AM!
Talk to your Grain Marketing Specialist to place your target orders.

Wheat Growers is
[MORE]

Morning Market Insight

June 27, 2017
Drew Johnson
Grain Marketing Specialist

USDA QTR STOCKS AND PLANTED ACRES REPORT OUT FRIDAY AT 11 AM!
Talk to your Grain Marketing Specialist to place your target orders.

Estimated
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Morning Market Insight

June 26, 2017
Drew Johnson
Grain Marketing Specialist

USDA QTR STOCKS AND PLANTED ACRES REPORT OUT FRIDAY AT 11 AM!
Talk to your Grain Marketing Specialist to place your target orders.

Corn: 2 higher

We
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Morning Market Insight

May 5, 2017
Drew Johnson
Grain Marketing Specialist

Monthly WASDE Report out next Wednesday, May 10th. Do you have your targets in place?

Corn: 2 higher

Corn started out well, this week, but never made it out
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Morning Market Insight

May 4, 2017
Drew Johnson
Grain Marketing Specialist

Looking for up to date markets and marketing news? Download our Wheat Growers app on your smart phone. It’s free!

Corn: 3 lower

Corn found some support
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Morning Market Insight

May 3, 2017
Drew Johnson
Grain Marketing Specialist


Corn: steady

Dryer weather forecasts, in the near term, had yesterday’s markets lower. It will take some time before we will see how bad the corn was affected by the recent weather in
[MORE]

Morning Market Insight

May 2, 2017
Drew Johnson
Grain Marketing Specialist

Looking for a more in-depth take on the markets? Check out our biweekly MarketPro Newsletter. Contact your nearest Grain Marketing Specialist for details.


Corn:
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Morning Market Insight

May 1, 2017
Drew Johnson
Grain Marketing Specialist

Monthly WASDE Report will be out on May 10th. Do you have your targets in place? Contact your local Grain Marketing Specialist for pricing opportunities.


Corn:
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Morning Market Insight

March 10, 2017
Drew Johnson
Grain Marketing Specialist

Wheat Growers will be hosting multiple Marketing Meetings from the 13th to the 15th of March. Call your local Grain Marketing Specialist to RSVP by TODAY! 

[MORE]

Morning Market Insight

March 9, 2017
Drew Johnson
Grain Marketing Specialist

Wheat Growers will be hosting multiple Marketing Meetings from the 13th to the 15th of March. Call your local Grain Marketing Specialist to RSVP by March 9th.

Monthly WASDE
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Morning Market Insight

March 8, 2017
Drew Johnson
Grain Marketing Specialist

Wheat Growers will be hosting multiple Marketing Meetings from the 13th to the 15th of March. Call your local Grain Marketing Specialist to RSVP by March 9th.


[MORE]

Morning Market Insight

March 7, 2017
Drew Johnson
Grain Marketing Specialist


Corn: 1 lower

Export inspections, reported yesterday at 56.9 million
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Morning Market Insight

March 6, 2017
Drew Johnson
Grain Marketing Specialist

Wheat Growers will be hosting multiple Marketing Meetings from the 13th to the 15th of March. Call your local Grain Marketing Specialist to RSVP by March 9th.

[MORE]

Morning Market Insight

January 13, 2017
Drew Johnson
Grain Marketing Specialist

Markets will be closed Sunday evening, January 15th, and on Monday, January 16th, for Martin Luther King Day. They will open again on Monday evening.


Corn: 2 lower


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Morning Market Insight

January 12, 2017
Drew Johnson
Grain Marketing Specialist

US Quarter Stocks Report out at 11 am TODAY
Be sure to have your targets in place!

Corn: 2 lower

Corn managed a comeback, of sorts, and close
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Morning Market Insight

January 11, 2017
Drew Johnson
Grain Marketing Specialist

US Quarter Stocks Report out at 11 am on Thursday, January 12th.
Be sure to have your targets in place!

Corn: 2 lower

Corn continues its sideways
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Morning Market Insight

January 10, 2017
Drew Johnson
Grain Marketing Specialist

US Quarter Stocks Report out at 11 am on Thursday, January 12th.

Corn: 2 lower

Corn export inspections, reported yesterday, came in at 34.5 million
[MORE]

Morning Market Insight

January 9, 2017
Drew Johnson
Grain Marketing Specialist

US Quarter Stocks Report out at 11 am on Thursday, January 12th.
Do you have your targets in place?

Corn: steady

Corn is trading steady, and continues to float
[MORE]

Morning Market Insight

November 18, 2016
Drew Johnson
Grain Marketing Specialist

US Dollar reaches new 13 year highs following a good Jobs and Housing Report.

Corn: steady

Corn, so far, has modestly gained a penny, in the futures, versus last week as
[MORE]

Morning Market Insight

November 17, 2016
Drew Johnson
Grain Marketing Specialist

US Dollar is lower this morning and is supporting the grain markets.

Corn: 1 higher

Corn could not break through the 100 day moving average of $3.43 yesterday, as
[MORE]

Morning Market Insight

November 16, 2016
Drew Johnson
Grain Marketing Specialist

Corn: 1 higher

Corn closed higher yesterday and turned the stochastics chart. This suggests that a short term uptrend is in front of us, if corn can push through the 100 day moving average, which is
[MORE]

Morning Market Insight

November 15, 2016
Drew Johnson
Grain Marketing Specialist

Corn: 1 higher

Corn continues to hold support around $3.37. Harvest progress reported at 93% complete. This is up 1% from the 5-year average. Export Inspections, reported yesterday, were at 24.3
[MORE]

Morning Market Insight

November 14, 2016
Drew Johnson
Grain Marketing Specialist

Corn: 3 lower

Last week’s WASDE Report and lower soybean futures continue to weigh on the corn market. The predicted yeild of 175.3 bushel per acer and 15.23 billion bushel ending stocks
[MORE]

Morning Market Insight

September 23, 2016
Drew Johnson
Grain Marketing Specialist


September 30th USDA will release the Quarterly Stocks Report!


Corn: 2 lower

Corn looks like it is going to end the week lower. Export numbers were
[MORE]

Morning Market Insight

September 22, 2016
Drew Johnson
Grain Marketing Specialist

Federal Reserve decided to keep interest rates unchanged, for now.


September 30th USDA will release the Quarterly Stocks Report!

Corn:
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Morning Market Insight

September 21, 2016
Drew Johnson
Grain Marketing Specialist

Fall harvest is here! Contact your nearest Grain Marketing Specialist to discuss our different contracting options and grain programs.


Corn: 2 lower

Corn
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Morning Market Insight

September 20, 2016
Drew Johnson
Grain Marketing Specialist

Fall harvest is here! Contact your nearest Grain Marketing Specialist to discuss our different contracting options and grain programs.


Corn: 2 higher

Corn
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Morning Market Insight

September 19, 2016
Drew Johnson
Grain Marketing Specialist

Fall harvest is here! Contact your nearest Grain Marketing Specialist to discuss our different contracting options and grain programs.


Corn: 1 higher

Corn
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Morning Market Insight

July 29, 2016
Drew Johnson
Grain Marketing Specialist

Corn: 1 lower

Corn settled lower after a bearish export sales report yesterday. Corn is holding a sideways trend as traders try to figure out how much of a crop is out there as we pass pollination.
[MORE]

Morning Market Insight

July 28, 2016
Drew Johnson
Grain Marketing Specialist

Corn: 1 lower

Corn holding steady in the overnight trade benefiting from soybeans, European wheat concerns and a lower dollar. Ethanol production, out yesterday, dropped from last week’s numbers,
[MORE]

Morning Market Insight

July 27, 2016
Drew Johnson
Grain Marketing Specialist

Corn: 3 higher

Corn moving higher this morning following soybeans. Ethanol production numbers will be released later this morning. Extended weather forecasts for the western plains have now turned
[MORE]

Morning Market Insight

July 26, 2016
Drew Johnson
Grain Marketing Specialist

Grain markets are steady as debate over the 2016 crop production gets heated. Financial markets try to gain. The dollar, gold and crude are down.

Corn: 2 lower

Corn moving
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Morning Market Insight

July 25, 2016
Drew Johnson
Grain Marketing Specialist

Markets getting a boost from European stock and wheat markets.

Corn: 1 higher

Corn moved higher in the overnight on some follow through buying after Friday’s reversal
[MORE]

Morning Market Insight

June 3, 2016
Drew Johnson
Grain Marketing Specialist

Corn: 2 higher

Lack luster trade in corn yesterday despite the rally in soybeans. Ethanol production numbers came in at 20.8 million barrels. That number was the same as last week, but 700,000 barrels
[MORE]

Morning Market Insight

June 2, 2016
Drew Johnson
Grain Marketing Specialist

Corn: steady

Corn managed to gain after a bearish start yesterday on a lower dollar and forecasted lower production out of Brazil due to weather. Planted acres, for corn, are up to date, even in the
[MORE]

Morning Market Insight

June 1, 2016
Drew Johnson
Grain Marketing Specialist

Ethanol numbers out today.

Corn: 3 lower

Corn settled lower yesterday on account of decent long term weather predictions, and dismal export inspections.
[MORE]

Morning Market Insight

May 31, 2016
Drew Johnson
Grain Marketing Specialist

Today is the last day for the Market Base Builder Program

Corn: steady

Steady trade in the overnight as traders await the first corn crop ratings this
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Morning Market Insight

May 30, 2016
Drew Johnson
Grain Marketing Specialist


In observance of Memorial Day there will be no commodity markets trading today.

Tomorrow is last day of the Market Base Builder Program.

[MORE]

Morning Market Insight

April 8, 2016
Drew Johnson
Grain Marketing Specialist

Crude Oil and the US Dollar are supporting markets.

Corn: steady

Light trading in the overnight session as commercial buying continues to support old crop corn.
The May contract has
[MORE]

Morning Market Insight

April 7, 2016
Drew Johnson
Grain Marketing Specialist

Corn: steady – 1 higher

Corn is trying to remain strong, but is backing off at the close of the overnight session. Ethanol numbers released, yesterday, showed a 1.6% drop in production from 992k
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Morning Market Insight

April 6, 2016
Drew Johnson
Grain Marketing Specialist

Corn: steady – 1 lower

Corn traded stronger in the overnight on short term buying interest, but is losing momentum this morning. Overall trend is still bearish as large old crop supplies continue
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Morning Market Insight

April 5, 2016
Drew Johnson
Grain Marketing Specialist

Corn: steady – 1 higher

Export inspections yesterday were at 41.5 million bushels, and exceeded expectations. Year to date inspections are down 16%. USDA did not release the Crop Progress Report
[MORE]

Morning Market Insight

April 4, 2016
Drew Johnson
Grain Marketing Specialist

Corn: 2-3 lower

Corn prices remain under pressure from last week’s USDA Report. On Friday, USDA reported 420.8 million bushels used for ethanol in February. This was more than expected. Export
[MORE]

Morning Market Insight

February 12, 2016
Drew Johnson
Grain Marketing Specialist

Markets will be closed on Monday in observance of Presidents’ Day.

Corn: steady

Rinse and repeat. Corn continues to hold support around $3.60 Mar
[MORE]

Morning Market Insight

February 11, 2016
Drew Johnson
Grain Marketing Specialist

SDWG will be holding Winter Marketing Meetings featuring Jeff Hainline with Advanced Trading.
Feb 11th – 10:00 am at the Kennebec Agronomy Center (Lunch to Follow)

[MORE]

Morning Market Insight

February 10, 2016
Drew Johnson
Grain Marketing Specialist

SDWG will be holding Winter Marketing Meetings featuring Jeff Hainline with Advanced Trading.
Feb 10th – 10:30am at Roosters in Redfield (Lunch to Follow), 4pm at Top Floor
[MORE]

Morning Market Insight

February 9, 2016
Drew Johnson
Grain Marketing Specialist

SDWG will be holding Winter Marketing Meetings featuring Jeff Hainline with Advanced Trading.
Feb 9th - 4pm at the WG Admin office in Aberdeen (Dinner to follow)
Feb 10th
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Morning Market Insight

February 8, 2016
Drew Johnson
Grain Marketing Specialist

SDWG will be holding Winter Marketing Meetings featuring Jeff Hainline with Advanced Trading.
Feb 9th - 4pm at the WG Admin office in Aberdeen (Dinner to follow)
Feb 10th
[MORE]

Morning Market Insight

December 18, 2015
Drew Johnson
Grain Marketing Specialist

Key reversal lower in the Stock Market helping to support commodities to end the week.

Corn: steady

Corn holding its own this morning, after reversing higher yesterday, on strength in the
[MORE]

Morning Market Insight

December 17, 2015
Drew Johnson
Grain Marketing Specialist

Federal Reserve increased interest rate by 0.25%. Pressure to remain on commodity markets as the dollar and stock markets remain strong. Export sales report, this morning, to be seen as bearish.


[MORE]

Morning Market Insight

December 16, 2015
Drew Johnson
Grain Marketing Specialist

Traders move to the sidelines today and wait for the Federal Reserve to announce if they will raise interest rates. This will be at 1pm CDT.

Corn: steady

Lack of news keeps corn range
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Morning Market Insight

December 15, 2015
Drew Johnson
Grain Marketing Specialist

83% chance that the Federal Reserve will raise interest rates. This has not happened since 2006. Reminder, expiration date on January options is December 24th.

Corn: 2 lower

Export
[MORE]

Morning Market Insight

December 14, 2015
Drew Johnson
Grain Marketing Specialist

Bearish mood hangs over markets as trade remains firm. Federal Reserve to meet for two days. Interest rates are expected to be raised.

Corn: steady

Last week USDA forecasted that we will
[MORE]

Morning Market Insight

October 23rd, 2015
Drew Johnson
Grain Marketing Specialist

Markets were under pressure yesterday because of bearish export sales news in wheat and corn, a higher dollar, and non commercial liquidation in soybeans.

Corn: steady

Corn export sales,
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Morning Market Insight

October 22nd, 2015
Drew Johnson
Grain Marketing Specialist

Corn:  1 higher

Corn is managing to move higher, despite harvest pressure. Forecasted precipitation could cause some harvest delays, but long term forecasts suggest drier trends going into
[MORE]

Morning Market Insight

October 21st, 2015
Drew Johnson
Grain Marketing Specialist


Corn: steady

Corn is just hovering unchanged this Wednesday morning, as it tries to hold on to gains in the overnight. Rain forecasts could slow harvest this week, but the precipitation is
[MORE]

Morning Market Insight

October 20th, 2015
Drew Johnson
Grain Marketing Specialist


Corn: 2 higher

Crop progress shows that 59% of the corn crop is harvested. South Dakota came in at 39%. This is well ahead of the 18% this time last year. North Dakota was at 37% complete
[MORE]

Morning Market Insight

October 19th, 2015
Drew Johnson
Grain Marketing Specialist

Harvest pressure, wet weather forecasts, reports of slow Chinese economic growth, and ample crude supplies set bearish tones for commodities this morning.

Corn: 2 lower

Expectations for
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Morning Market Insight

August 28th, 2015
Drew Johnson
Grain Marketing Specialist

Commodities are higher as Chinese markets improved 5%


Corn: 1 higher

Corn market is trying to post some gains this morning after this long week of ups and downs. Weather
[MORE]

Morning Market Insight

August 27th, 2015
Drew Johnson
Grain Marketing Specialist

Markets are trying to hold highs in the overnight as Chinese government starts to purchase shares in its own stock market. Export numbers this morning are neutral to bearish.


[MORE]

Morning Market Insight

August 26th, 2015
Drew Johnson
Grain Marketing Specialist

 


Corn: 1 higher

Bargain hunting seems to be the driver of the markets this morning. South Korea bought 2.2 million bushels of corn. Ethanol numbers, for the week, will be
[MORE]

Morning Market Insight

August 25th, 2015
Drew Johnson
Grain Marketing Specialist

 


Corn: 5 higher

Corn is turning higher after yesterday’s bullish reversal. Crop Progress showed no deterioration, as some traders had hoped, but actually increased
[MORE]

Morning Market Insight

August 24th, 2015
Drew Johnson
Grain Marketing Specialist


A decline in Chinese stocks, a lower dollar and lower crude are pushing soybeans lower. Other markets are following suit. 

Corn: 10 lower

Questions about the quality of the
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Morning Market Insight

July 2nd, 2015
Drew Johnson
Grain Marketing Specialist

Markets close at noon today, and will be closed all day tomorrow. Have a safe and happy 4th of July!!

Corn: lower

Storms are moving across the plains this
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Morning Market Insight

July 1st, 2015
Drew Johnson
Grain Marketing Specialist

Commodity markets relax some this morning after bullish report yesterday. 


[MORE]

Morning Market Insight

June 30th, 2015
Drew Johnson
Grain Marketing Specialist

Reminder: USDA Grain Stocks and Planted Acres Report out today at 11am.

[MORE]

Morning Market Insight

June 29th, 2015
Drew Johnson
Grain Marketing Specialist

Reminder: All July HTA’s and BF contracts must be priced, or rolled today by 12pm!
USDA Grain Stocks and Planted Acres Report out tomorrow, Tuesday June, 30th at 11am.

[MORE]

Morning Market Insight

May 8th, 2015
Drew Johnson
Grain Marketing Specialist


Corn: steady

Corn is hovering around unchanged this morning. Thoughts are that traders will wait on the sidelines until next Tuesday’s monthly supply and demand report. 6-10 day weather
[MORE]

Morning Market Insight

May 7th, 2015
Drew Johnson
Grain Marketing Specialist


Corn: 2 lower

Fears of softening demand have Trade selling back on gains made yesterday. Ethanol production was down 34,000 barrels/day last week. Export numbers, this week, were at 35.3
[MORE]

Morning Market Insight

May 6th, 2015
Drew Johnson
Grain Marketing Specialist


Grains are slightly higher on weaker dollar and crude gains.

Corn: 1 higher

Corn getting a boost from yesterday’s higher close. Rains are falling throughout the Corn Belt.
[MORE]

Morning Market Insight

May 5th, 2015
Drew Johnson
Grain Marketing Specialist

 

Corn: 3 lower

Farmers got a lot more done last week than what was suspected. According to the weekly planting progress report, farmers are about 55% complete with corn planting. That
[MORE]

Morning Market Insight

May 4th, 2015
Drew Johnson
Grain Marketing Specialist

 

Corn: 2 lower

The corn market continues to see pressure as planting continues. Expectations, for today’s weekly planting progress report, are around 48% complete. Weather news
[MORE]

Morning Market Insight

March 13th, 2015
Drew Johnson
Grain Marketing Specialist

The deadline to enroll corn and soybean bushels, for a new crop sale, in our Mark Base Builder program is TODAY! Call your local Grain Marketing Specialist or your nearest Wheat Growers Grain
[MORE]

Morning Market Insight

March 12th, 2015
Drew Johnson
Grain Marketing Specialist

 

The deadline to enroll corn and soybean bushels, for a new crop sale, in our Mark Base Builder program is this Friday March 13th. Call your local Grain Marketing Specialist or your
[MORE]

Morning Market Insight

March 10th, 2015
Drew Johnson
Grain Marketing Specialist

Monthly WASDE Report out today at 11:00am

The deadline to enroll corn and soybean bushels, for a new crop sale, in our Mark Base Builder program is this Friday March 13th.
[MORE]

Morning Market Insight

March 9th, 2015
Drew Johnson
Grain Marketing Specialist

Monthly WASDE Report out tomorrow at 11:00am

The deadline to enroll corn and soybean bushels, for a new crop sale, in our Mark Base Builder program
[MORE]

Morning Market Insight

January 15th, 2015
Drew Johnson
Grain Marketing Specialist

Corn
As of 8:00am 5 higher

Corn turning around this morning as both old and new crop values tested the 100 day moving average yesterday. FSA summery showed, for 2014, that there was 1.3
[MORE]

Morning Market Insight

January 14th, 2015
Drew Johnson
Grain Marketing Specialist

Reminder! Wheat Growers Annual Meeting will be held, today, at the Best Western Ramkota in Aberdeen. Registration begins at 9:15am. Hope to see you there.

Corn

[MORE]

Morning Market Insight

January 13th, 2015
Drew Johnson
Grain Marketing Specialist

Reminder! Wheat Growers Annual Meeting will be held in Aberdeen at the Best Western Ramkota. Registration begins at 9:15am. Hope to see you there!


Corn
As
[MORE]

Morning Market Insight

January 12th, 2015
Drew Johnson
Grain Marketing Specialist

USDA to release reports on production, supply and demand, grain stocks and winter wheat seedings at 11am!

 

These reports always have potential for large
[MORE]

Morning Market Insight

December 26th, 2014
Drew Johnson
Grain Marketing Specialist

Market will open at 8:30 am!

Corn
As of 7:45am higher

Corn is enjoying this market move as recent exports have been pushing it along, but with the short trade week we will
[MORE]

Morning Market Insight

December 24th, 2014
Drew Johnson
Grain Marketing Specialist

From all of us at Wheat Growers. We wish you and yours a Safe and Happy Holiday
[MORE]

Morning Market Insight

December 23rd, 2014
Drew Johnson
Grain Marketing Specialist

Market closes at noon on Dec 24th. Closed all day on the 25th and will open at 8:30 am on the 26th.

Corn
As of 7:45am  Steady to a penny lower

Corn was fueled by
[MORE]

Morning Market Insight

December 22, 2014
Drew Johnson
Grain Marketing Specialist

Holiday Trading hours: Close at noon on Dec 24th, Closed all day Dec 25th. Open again at 8:30 am on Dec 26th.

Corn: Unchanged to 1 lower

Corn modestly lower this morning as we start to
[MORE]

Morning Market Insight

November 7th, 2014
Drew Johnson
Grain Marketing Specialist

Next Monday is the November WASDE Report.

Corn
As of 8:00am  3 lower

Corn lower again this morning on lack of demand news. Corn is managing to hold its 100 day moving
[MORE]

Morning Market Insight

November 6th, 2014
Drew Johnson
Grain Marketing Specialist

Next Monday is the November WASDE Report.

Corn
As of 8:00am  3 lower

Corn lower again this morning after an attempted rally yesterday. Bearish thoughts, with Monday’s
[MORE]

Morning Market Insight

November 5th, 2014
Drew Johnson
Grain Marketing Specialist

Markets lower this morning led by Soybeans and a higher dollar. Next Monday is the November WASDE Report.

Corn
As of 8:00am  3 lower

Harvest progress and lack of demand are
[MORE]

Morning Market Insight

November 4th, 2014
Drew Johnson
Grain Marketing Specialist

Next Monday is the November WASDE Report.

Corn
As of 8:00am 6 lower

Yesterday’s Crop Progress report showed that corn harvest is at 65%. That’s up 19% from last week,
[MORE]

Morning Market Insight

November 3rd, 2014
Drew Johnson
Grain Marketing Specialist


Corn
As of 8:00am 4 lower

The corn market is softer this morning as harvest continues. Corn, last week, managed to get to August highs around 3.81 Dec futures. Weekly crop progress
[MORE]

Morning Market Insight

September 19, 2014
Drew Johnson
Grain Marketing Specialist

Happy Friday!

Wheat and Soybeans made new lows in the overnight. Corn is holding its own, but trading at the lower end.


Corn
As of 8:00am 2 lower

Corn, this
[MORE]

Morning Market Insight

September 18, 2014
Drew Johnson
Grain Marketing Specialist


Corn
As of 8:00am 2 lower

Ethanol numbers yesterday came in at 18.8 million barrels, which is up from last week. Corn maintaining prices as demand, for now, has turned in our
[MORE]

Morning Market Insight

September 17, 2014
Drew Johnson
Grain Marketing Specialist


Corn
As of 7:45am 2 lower.

No real big news this morning as the market continues to shake out recent information it has been given. How bad was the frost in the NW Corn Belt? We
[MORE]

Morning Market Insight

September 16, 2014
Drew Johnson
Grain Marketing Specialist

Traders are buying in this morning as stories of low temperatures cause fears! Weather forecasts have us warm and dry for the next week to 10 days. Potential rain systems, later in the week, are seen as
[MORE]

Morning Market Insight

September 15, 2014
Drew Johnson
Grain Marketing Specialist


Corn
As of 8:00am 2 lower.

Corn continues to see pressure this morning and new lows continue to be found. There just really is not much to talk about. There is a big crop coming
[MORE]

Morning Market Insight

August 1, 2014
Drew Johnson
Grain Marketing Specialist

Whether forecasts showing precipitation chances being pushed back farther into next week. Temps to remain below normal.

Corn
As of 8:00am 1 - 2 lower.

Corn exports
[MORE]

Morning Market Insight

July 31, 2014
Drew Johnson
Grain Marketing Specialist

Whether forecasts showing precipitation chances being pushed back farther into next week. Temps to remain below normal.

Corn
As of 8:00am 2 lower.

Corn modestly
[MORE]

Morning Market Insight

July 30, 2014
Drew Johnson
Grain Marketing Specialist

Continued sell off as ideas now switch to better precipitation chances through the next week in some dryer areas of the Corn Belt.


Corn
As of 7:50am 2 lower.


[MORE]

Morning Market Insight

July 29, 2014
Drew Johnson
Grain Marketing Specialist

Dry conditions have traders watching carefully as we head into some crucial growing stages for these crops.

Corn
As of 7:50am 3 lower.

Corn is trading lower this
[MORE]

Morning Market Insight

July 28, 2014
Drew Johnson
Grain Marketing Specialist

Mixed feeling with forecasts being cool and dry as traders figure out what exactly is the conditions of these crops growing in the fields.

Corn
As of 7:55am 3 higher.


[MORE]

Morning Market Insight

June 13th 2014
Drew Johnson
Grain Marketing Specialist

It’s Friday the 13th

Best of luck to all of you out there!

Corn
As of 8:00am 3 higher.

Corn is trying to keep things going as it is trading higher again this
[MORE]

Morning Market Insight

June 12th 2014
Drew Johnson
Grain Marketing Specialist


Corn
As of 8:00am unchanged.

The USDA did not make any changes to the balance sheet yesterday, but there was an increase in old and new crop global carry out. This led things lower
[MORE]

Morning Market Insight

June 11th 2014
Drew Johnson
Grain Marketing Specialist

Crop production and Supply and Demand Report out this morning at 11am!
Things to watch for; US new crop yields, China 2014/15 soybean import expectations, and old crop soybean tightness.


[MORE]

Morning Market Insight

June 10th 2014
Drew Johnson
Grain Marketing Specialist

Crop production and Supply and Demand Report out Wednesday.

Corn
As of 8:00am July 1 higher, Dec. unchanged

Corn ratings are 75% good vs 63% last year, down 1 percent from last week.
[MORE]

Morning Market Insight

June 9th 2014
Drew Johnson
Grain Marketing Specialist

Crop production and Supply and Demand Report out Wednesday.

Corn
As of 8:00am July 5 lower, Dec. 6 lower

The corn market is heading lower again today. It tried on Friday to get out of
[MORE]

Morning Market Insight

April 25th 2014
Drew Johnson
Grain Marketing Specialist

It’s Arbor Day!

Reminder: May options expire TODAY! If you have any minimum price contracts with a May strike price get in contact with you local Marketing Specialist, or you local elevator to
[MORE]

Morning Market Insight

April 24th 2014
Drew Johnson
Grain Marketing Specialist

Reminder: May options expire on Friday of this week. If you have any minimum price contracts with a May strike price get in contact with you local Marketing Specialist, or you local elevator to discuss your
[MORE]

Morning Market Insight

April 23rd 2014
Drew Johnson
Grain Marketing Specialist

Reminder: May options expire on Friday of this week. If you have any minimum price contracts with a May strike price get in contact with you local Marketing Specialist, or you local elevator to discuss your
[MORE]

Morning Market Insight

April 22st 2014
Drew Johnson
Grain Marketing Specialist

Earth Day!

Corn
As of 8:00am May. 3 higher, Dec. 3 higher

Markets turn higher in the overnight after news that planting is behind average. Yesterday’s planting
[MORE]

Morning Market Insight

April 21st 2014
Drew Johnson
Grain Marketing Specialist

Market reacting to weekend rains.

Corn
As of 8:00am May 4 lower, Dec 5 lower

Corn planting is active in the southern 2/3 of the Corn Belt with expected planting percentage to be at
[MORE]

Morning Market Insight

March 7th 2014
Drew Johnson
Grain Marketing Specialist

This here is a story about a pres named V. Putin
The leader of Russia with nothing better to do
But sit around his house, get high, and watch the tube
Here’s what happened when he
[MORE]

Morning Market Insight

March 6th 2014
Drew Johnson
Grain Marketing Specialist

Traders wait to see how the Ukraine crisis will unfold and if it will have any effect on markets long term.

Corn
As of 8:00am May unchanged, Dec.’14 1 lower

Ethanol numbers
[MORE]

Morning Market Insight

March 5th 2014
Drew Johnson
Grain Marketing Specialist


Corn
As of 8:00am May 3 lower, Dec.’14 3 lower

Corn is lower this morning after a good start to the week. Brazil corn production was much lower than expected as past dry weather
[MORE]

Morning Market Insight

February 19, 2014
Matt Erickson
Grain Marketing Specialist

Corn - Unchanged

Corn traded through and closed above nearby resistance yesterday, closing at $4.4950 CH14. Funds are buyers as of late, working on unwinding their short position before spring.
[MORE]

Morning Market Insight

February 18, 2014
Matt Erickson
Grain Marketing Specialist

Corn

Short covering continues to be the story, spilling over from last week’s slightly friendly USDA report. According to the Commitment of Traders report funds are still short 30,000
[MORE]

Morning Market Insight

February 17, 2014
Matt Erickson
Grain Marketing Specialist

Reminder: No markets today due to President’s day. The markets will re-open this evening at 7:00pm.

Corn

Last Monday’s USDA report brought us a tighter carryout number for
[MORE]

Morning Market Insight

January 17th 2014
Drew Johnson
Grain Marketing Specialist


Corn
As of 7:45am Mar. 2 lower, Dec.’14 2 lower

Corn is lower again this morning on continue selling. Support is at $4.10 March futures. There is nothing stopping it from
[MORE]

Morning Market Insight

January 16th 2014
Drew Johnson
Grain Marketing Specialist


Corn
As of 8:00am Mar. 3 higher, Dec.’14 2 higher

Ethanol numbers were down yesterday at 868,000 barrels versus 919,000 barrels last week. Total ethanol production is still at
[MORE]

Morning Market Insight

January 15th 2014
Drew Johnson
Grain Marketing Specialist

Today is Wheat Growers Annual Meeting. It will be at the Crossroads Hotel in Huron. Registration starts at 9:15 am. Meeting begins at 10 am.

Corn
As of 7:45am Mar. 2 lower,
[MORE]

Morning Market Insight

January 14th 2014
Drew Johnson
Grain Marketing Specialist

Tomorrow, January 15th, is Wheat Growers Annual Meeting. It will be at the Crossroads Hotel in Huron. Registration starts at 9:15 am. Meeting begins at 10 am.

Corn

[MORE]

Morning Market Insight

January 13th 2014
Drew Johnson
Grain Marketing Specialist


Corn
As of 8:00am Steady.

Corn is managing to hold on to Friday’s information. USDA’s total production numbers has corn at 13.925 billion bushels versus the 13.989 that
[MORE]

Morning Market Insight

December 27th 2013
Drew Johnson
Grain Marketing Specialist


Corn
As of 8:00am Mar. 1 higher, Dec.’14 1 higher

Corn is up a little this morning. China is now going to be testing all US corn shipments. The rejected
[MORE]

Morning Market Insight

December 26th, 2013
Drew Johnson
Grain Originator

Trade opens at 8:30 am.

Corn, 1 to 2 lower

Rains expected Sunday through Monday for South America with guesses for about 60 – 90% coverage. Trade is still watching overall dryness.
[MORE]

Morining Market Insight

December 24th, 2013
Drew Johnson
Grain Originator

From all of us at Wheat Growers to all of you, have a very
[MORE]

Morning Market Insight

December 23rd, 2013
Drew Johnson
Grain Originator

Christmas Trading Schedule

Dec. 24th Grain Markets will close at 12:00pm. Livestock Markets will close at 12:15pm
Dec. 25th No Markets
Dec. 26th Grains will open at 8:30am. Livestock will
[MORE]

Morning Market Insight

November 22nd, 2013
Drew Johnson
Grain Originator


Corn as of 8:00 am, steady

Yesterday’s export numbers contributed to the rise in futures. Ethanol numbers were good for the week. Basis levels along the river are strong with places in
[MORE]

Morning Market Insight

November 21st, 2013
Drew Johnson
Grain Originator


Corn as of 8:00 am, 3 higher

Ethanol numbers dropped some from last week. 904,000 barrels were produced versus the 927,000 barrels a week ago. These numbers are still 7% ahead of last year at
[MORE]

Morning Market Insight

November 20th, 2013
Drew Johnson
Grain Originator


Corn as of 8:00 am, 1 lower

Corn values saw some rebounding yesterday. Funds short 87,000 contracts. They need to get December contracts down to 600 in 7 days before first notice day. There are
[MORE]

Morning Market Insight

November 19th, 2013
Drew Johnson
Grain Originator


Corn as of 8:00 am, 2 higher

Corn trying to bounce back a little this morning after loses yesterday. News that China rejected a load of corn after it tested positive for a non-approved GMO. The RFS
[MORE]

Morning Market Insight

November 18th, 2013
Drew Johnson
Grain Originator


Corn as of 8:00 am, 4 lower

Last Friday the EPA announced its proposed rule for the 2014 RFS. They suggested 15.21 billion gallons of renewable fuel. This proposal will likely be challenged by the
[MORE]

Morning Market Insight

October 18th, 2013
Drew Johnson
Grain Originator

The Government is back. USDA is up and running. Reports will start getting back to normal, at least for the next three months. The October WASDE reports have been canceled. This will make the November WASDE report very
[MORE]

Morning Market Insight

October 17th, 2013
Drew Johnson
Grain Originator

The Government is back online!

Corn as of 8:00 am 1 higher.

Corn managing to hold its own as trade is torn between a possible large crop, and China and Mexico actively purchasing US corn. Still,
[MORE]

Morning Market Insight

October 16th, 2013
Drew Johnson
Grain Originator


Corn as of 8:00 am 1 higher.

Trade looking to see if China demand will help this market as domestic values, over there, are nearly double what US values are. Rumors yesterday were that China had
[MORE]

Morning Market Insight

October 15th, 2013
Drew Johnson
Grain Originator


Corn as of 8:00 am unchanged

Corn market moved a little higher yesterday do to this wet weather and help from the soybeans.  Corn harvest across the nation is predicted to be about 25% - 30%
[MORE]

Morning Market Insight

October 14th, 2013
Drew Johnson
Grain Originator


Corn as of 8:00 am Dec 1 lower.  Dec '14 1 lower

The corn market keeps heading lower. Quick recap from last week, the only news the market had to go on was a “proposed” cap on
[MORE]

Morning Market Insight

September 13th, 2013
Drew Johnson
Grain Originator

Next 5 Day Rain Forecast

 

Corn as of 8:00am Dec. 1 - 2 lower


[MORE]

Morning Market Insight

September 12th, 2013
Drew Johnson
Grain Originator

USDA WASDE Report out at 11 am!

Corn as of 8:00 am. Dec. 2 lower

Markets are quiet this morning as traders get into position for today's report. Trade estimates a 153 type
[MORE]

Morning Market Insight

September 11th, 2013 

Drew Johnson

[MORE]

Morning Market Insight

September 10th, 2013
Drew Johnson
Grain Originater
 

Corn as of 8:00 am. Sep. 2 lower Dec. unchanged

Average guess from the Trade is for a 153.9 yield on Thursday's report. Crop progress report yesterday dropped corn ratings to 54% good to
[MORE]

Morning Market Insight

September 9th, 2013
Drew Johnson
Grain Originator

Corn as of 8:00 am Sep down 3. Dec down 2.

Not a whole lot of rain came that was forecasted this weekend. Forecast for September, at least for the next 6-14 days, is hot and dry. Expected decline in crop
[MORE]

Morning Market Insight

August 9th, 2013
Drew Johnson
Grain Originator


Corn as of 8:00 am Sep. unchagned  Dec. unchanged

Lack of a weather threat keeps pressure on the corn market as futures head for first harvest lows before the August 12th report. If weather
[MORE]

Morning Market Insight

August 8th, 2013
Drew Johnson
Grain Originator

We are finally seeing a bump in the market today after days of trading lower. Traders are starting to look at Monday’s USDA Report and are trying to square up positions.

Corn as of 8:00 am Sep. 4
[MORE]

Morning Market Insight

August 7th, 2013
Drew Johnson
Grain Originator

Corn as of 8:00 am Sep. 2 higher    Dec. 2 higher

No real new news in the corn. Weather forecasts remain wet and cool. Big crop coming are way as long as we can beat the frost dates. Corn crop
[MORE]

Morning Market Insight

August 6th, 2013
Drew Johnson
Grain Originator

Corn as of 8:00 am. Sep. 3 higher.   Dec. 1 lower

Pressure remains on the corn as favorable weather forecasts prevail. Informa’s estimate, yesterday, has total corn production at 14.14
[MORE]

Morning Market Insight

August 5th, 2013
Drew Johnson
Grain Originator

Rains and good weather will keep pressure on the markets. Informa to estimate crops mid morning. Below is a picture of precip amounts for the last 30 days

 

[MORE]

Morning Market Insight

July 5th, 2013
Drew Johnson
Grain Marketing Specialist


Corn as of 8:00 a.m. Sep. unchanged Dec. unchanged

The weather pattern through July 18th is viewed as good. This will keep pressure on the corn market. Ethanol production numbers seen
[MORE]

Morning Market Insight

July 3rd, 2013
Drew Johnson
Grain Originator

Markets today: Chicago closes at 12:00 noon. Minneapolis closes at 12:15pm. Markets will not open again until 8:30am July 5th.

Markets higher this morning on short covering and bargain hunting going into the 4th
[MORE]

Morning Market Insight

July 2nd, 2013
Drew Johnson
Grain Originator

Corn as of 8:00 am. Sep. up 2        Dec. up 4

Corn a little higher this morning as values relax after two days of trading the USDA report. Weather
[MORE]

Morning Market Insight

May 31st, 2013
Drew Johnson
Grain Originator

Corn as of 8:00 am.  July. unchanged      Dec. unchanged

Corn up this morning. Yesterday we got to see some profit taking. Traders have been trading weather all week. They seemed to be
[MORE]

Morning Market Insight

May 30th, 2013
Drew Johnson
Grain Originator

Corn as of 8:00 am. July.  1 lower           Dec. 3 lower

Corn values lower this morning after an impressive day yesterday. December corn was the leader as
[MORE]

Morning Market Insight

May 29th, 2013
Drew Johnson
Grain Originator

Corn as of 8:00 am.      July. unchanged to 1 lower.      Dec. 2 higher    

Values are pretty even this morning after yesterday's gains.
[MORE]

Morning Market Insight

May 28 th, 2013
Drew Johnson
Grain Originator

Corn as of 8:00 am.    July. 4 higher        Dec. 11 higher

Modest gains on the overnight. Weather playing the factor as we wait to see planting report this afternoon. Some
[MORE]

Morning Market Insight

Markets are closed today in observance of Memorial Day. They will reopen tonight at 7pm for the start of the Tuesday session. 

Have a safe Memorial Day.


[MORE]

Morning Market Insight

April 26th, 2013
Drew Johnson
Grain Originator

Corn as of 8:00 am. 6 lower      Dec. 6 lower 

Corn a little lower this morning as values relax after yesterday's gains. Positives yesterday were decent exports and
[MORE]

Morning Market Insight

April 25th, 2013
Drew Johnson
Grain Originator

Corn as of 8:00 am. 4 higher    Dec. 1-2 higher   

We see corn moving higher this morning. Ethanol reports yesterday had production up to 853,000 versus 832,000 last week. These
[MORE]

Morning Market Insight

April 23rd, 2013
Drew Johnson
Grain Originator

Corn as of 8:00am. 3 lower    Dec. 6 lower

We are seeing markets drift lower today on the story that “rain makes grain!” With the slightest improvement on
[MORE]

Morning Market Insight

March 22nd, 2013
Drew Johnson
Grain Originator

Corn as of 7:30 am.  May. 4 lower.      Dec. 2 lower.

We are seeing values lower this morning as corn is finding it hard to break through resistance at $7.34. Export sales numbers
[MORE]

Morning Market Insight

March 21st, 2013
Drew Johnson
Grain Originator

Corn as of 7:30 am.  May. 4 lower.  Dec. 1 lower.

We are looking at corn a little lower this morning as we saw it hit resistance around the $7.34 May futures level. Yesterday's ethanol production
[MORE]

Morning Market Insight

March 20th, 2013
Drew Johnson
Grain Originator

Corn as of 7:30 am.   May. 2 higher.  Dec.  2 higher.

Corn higher this morning as tight old crop supplies continue to drive this market. Feed use is strong and ethanol margins are
[MORE]

Morning Market Insight

March 19th, 2013
Drew Johnson
Grain Originator

Corn as of 7:30 am. May. 2 higher,  Dec. 2 lower.

Modest gains this morning after corn posted a rally yesterday. Markets were dragged lower after some  European money woes. Corn finding a little
[MORE]

Morning Market Insight

March 18th, 2013
Drew Johnson
Grain Originator

Corn as of 7:30 am. May down 5,   Dec. down 4.

There is weakness this morning in the soybean market causing the corn market to retreat from last weeks gains.  Tight old crop supplies and strong
[MORE]

Morning Market Insight

February 15th, 2013
Drew Johnson
Grain Originator

"When we are young we get blamed for crimes we never committed and when we are older we get praise for virtues we never possessed. It will all average out in the end." Casey Stengel

Markets are
[MORE]

Morning Market Insight

February 14th, 2013
Drew Johnson
Grain Originator

Happy Valentines Day!

Corn as of 7:00am. Mar. unchanged     Dec. unchanged

Corn trading even this morning. The news has not changed. Poor export demand and lackluster ethanol
[MORE]

Morning Market Insight

February 13th, 2013
Drew Johnson
Grain Originator

Corn as of 7:00am. Mar. 6 lower.  Dec. 5 lower.

We see values lower again this morning. Continued demand destruction and seasonal trends are keeping pressure on the old crop trade.  New crop did
[MORE]

Morning Market Insight

February 12th, 2013
Drew Johnson
Grain Originator

Crop Insurance numbers still in discovery. Corn is $5.77. Soybeans are at $13.19. Spr. Wheat at $8.65.

Corn as of 7:00am. Mar 3 lower. Dec. a penny lower.  

We continue to see corn
[MORE]

Morning Market Insight

February 11th,  2013 

Drew Johnson, Grain Originator

 

Corn as of 7:00am. Mar. 2 lower, Dec. 2 lower.

We are seeing some continued selling this morning after last weeks USDA report. The corn numbers came out to somewhat as
[MORE]

Morning Market Insight

January 11th 2012
Drew Johnson
Grain Marketing Specialist

January Supply/Demand Report out 11:00 am. In the past 6 years the January report has been volatile producing limits up and down, with the last 3 out of 4 being lower. In addition to the
[MORE]

Morning Market Insight

January 10th 2012
Drew Johnson
Grain Marketing Specialist


Corn
As of 7:45 am Mar. 2 higher, Dec. unchanged

Corn continued to show some interest yesterday after the ethanol production numbers came out. Ethanol production was up this week,
[MORE]

Morning Market Insight

January 9th 2012
Drew Johnson
Grain Marketing Specialist


Corn
As of 8:00am Mar. unchanged to a penny lower, Dec. unchanged to a penny lower

Corn holding its own yesterday as trader’s started to come out with report guesses. Ideas of
[MORE]

Morning Market Insight

January 8th, 2013
Drew Johnson
Grain Marketing Specialist


Corn as of 7:45 a.m. Mar. unchanged, Dec. 2 lower.

Markets were up yesterday, led by soybeans, as we got to see some speculation on possible shortness in old crop stocks. Export inspection
[MORE]

Morning Market Insight

January 7th, 2013
Drew Johnson
Grain Originator


Corn as of 7:30 a.m. Mar. up 2, Dec. unchanged to a penny higher.

We are seeing some bargain hunting this morning as buyers are getting in after last week’s sell off. Corn exports were anything
[MORE]

Morning Market Insight

November 30th 2012
Drew Johnson
Grain Marketing Specialist


Corn
As of 7:40am Mar. 2 lower, Dec.’13 unchanged

Corn values lowering itself yesterday with fears of small deliveries with the ending of the Dec. contract. Trade continues
[MORE]

Morning Market Insight

November 29th 2012
Drew Johnson
Grain Marketing Specialist


Corn
As of 7:45am Dec. down 1. Dec.’13 unchanged

Corn values moved slow yesterday after Tuesday’s gains. Trade is watching drought issues, with concerns over another
[MORE]

Morning Market Insight

November 28th 2012
Drew Johnson
Grain Marketing Specialist


Corn
As of 7:35am Dec. unchanged to a penny lower. Dec. ’13 down 2

Corn values surged yesterday with continued drought concerns. Trade still concerned with Mississippi water
[MORE]

Morning Market Insight

November 27th 2012
Drew Johnson
Grain Marketing Specialist


Corn
As of 7:40am Dec. up 4. Dec ’13 up 3

Corn values relaxed a little during mid day trade yesterday while trade tries to balance ideas of slow exports, possible Mississippi
[MORE]

Morning Market Insight

November 26th 2012
Drew Johnson
Grain Originator

Corn at 7:50 am Dec. up 5 Dec. ’13 up 3

Brazil and Argentina received rain. Brazil still dry, Argentina is to wet. U.S. drought intensifying into most of the plains and western corn belt. Funds
[MORE]

Morning Market Insight

October 19, 2012
Drew Johnson
Grain Marketing Specialist


Corn
As of 7:35am Dec. 6 higher. Dec ’13 unchanged.

Corn values pushed higher yesterday with traders becoming a little more relaxed with the new coming Dodd-Frank rules.
[MORE]

Morning Market Insight

October 18, 2012
Drew Johnson
Grain Marketing Specialist

Corn
As of 7:30am Dec. 3 higher. Dec ’13 unchanged to a penny higher.

Corn values continuing to show modest strength with talk of fund liquidation now behind us. Informa will estimate
[MORE]

Morning Market Insight

October 17, 2012
Drew Johnson
Grain Marketing Specialist

Corn
As of 7:10am Dec up 3. Dec ’13 unchanged to a penny higher.

Corn values consolidating yesterday after Monday’s sell off, but the market still seems to be weak at the moment
[MORE]

Morning Market Insight

October 16, 2012
Drew Johnson
Grain Marketing Specialist

Dollar is down today

Corn
As of 7:15am Dec. up 5. Dec ’13 unchanged to a penny higher.

Beans led the way in pulling the corn market down yesterday. Trade is uneasy about the
[MORE]

Morning Market Insight

October 15, 2012
Drew Johnson
Grain Marketing Specialist

Corn
As of 8:00am Dec. down 9. Dec ’13 down 7

After a good report last Thursday and a bad export report Friday last week we are back to where we have been for the past few weeks. Last
[MORE]

Morning Market Insight

September 6, 2012
Drew Johnson
Grain Marketing Specialist

Corn
As of 7:30am Old crop up 3 New crop up 3

Corn values under pressure yesterday as we see traders debate a wide range of production estimations. Informa will be coming out with
[MORE]

Morning Market Insight

Morning Market Insight
September 5, 2012
Drew Johnson
Grain Marketing Specialist

Trade seems to be waiting and watching for the Sep 12th crop report.

As of 7:45am Old crop down 4 New crop down 4

Corn is still maintaining strong support
[MORE]

Morning Market Insight

Morning Market Insight
September 4, 2012
Drew Johnson
Grain Marketing Specialist

As of 8:30am Old crop up 5 New crop up 5

Corn harvest is going. Reports say there has been a record 1 billion bushels of new crop corn that has been harvested, however
[MORE]

Morning Market Insight

Morning Market Insight
July 27th, 2012
Drew Johnson
Grain Marketing Specialist

“Ninety percent of the game is half mental.” Yogi Berra


Corn
As of 7:45am Old crop up 6 New crop up 6


[MORE]

Morning Market Insight

Morning Market Insight
July 26th, 2012
Drew Johnson
Grain Marketing Specialist

Corn
As of 7:40am Old crop up 2 New crop up 4

Values recovering from Tuesday’s losses as trade continue to wonder about final production numbers. Trade is
[MORE]

Morning Market Insight

Morning Market Insight
July 25th, 2012
Drew Johnson
Grain Marketing Specialist

Corn
As of 7:40am Old crop up 9 New crop up 10

Yesterday there was some more general selling  in the markets, with corn touching limit down on the Sep
[MORE]

Morning Market Insight

Morning Market Insight
July 24th, 2012
Drew Johnson
Grain Marketing Specialist

Corn
As of 7:40am Old crop down 14 New crop down 12
Yesterday we saw corn experience a general sell off. What’s to blame? There is a cool front that is
[MORE]

Morning Market Insight

Morning Market Insight
July 23, 2012
Drew Johnson
Grain Marketing Specialist

Corn
As of 8:20amOld Crop down 18 New Crop down 15
Corn coming off its recent highs on forcasted rain and cool front coming in torwards the end of the week for the
[MORE]

Will Crop Insurance Affect Winter Wheat Acres?

 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,
[MORE]