Opinion

Supply Markets Often Not Lasting; This One Not Over Yet, However The market finally has begun to reconcile severe and expanding dryness, and a very likely lack of rainfall through the remainder of July.  The major forecasting models are having some issues in outlooks beyond 7 days or so, but there’s a general consensus that […]

Ethanol Production Resumes Record Pace; Bullish Crude? US ethanol plants through the week ending last Friday totaled 310.5 million gallons, up 5 million on the week and a healthy 10 million above the same week in 2016. Seasonal weakness in production occurred, as usual, in early fall, but the pace of US ethanol production has

Spring Wheat Shortage to Support All Grains? US Hard Red Spring Wheat Crop condition Early June ‍ There remains a surplus of corn, other feedgrains and total US wheat supplies, but moving forward, on the margin, changes are afoot. Drought has developed rather quickly across the Dakotas and Montana, and spring wheat is suffering a

Soybean Outlook Bullish? For the first time since 2015/16, soybean yield in Brazil is in real danger of falling below trend – perhaps substantially. 2015/16 was the last year of significant dryness in Brazil during Jan/Feb. But should current two-week forecasts verify dryness this year will be noticeably worse – and more widespread – than

Just last month, Representative Alexandria Ocasio-Cortez (D – NY), along with Senator Edward Markey (D – MA), proposed new legislation that would aim to eliminate greenhouse gases from the United States within the next 10 years. Many, including Patrick Moore (co-founder of, but no longer affiliated with, Greenpeace) and the Job Creators Network, have denounced

At the end of 2018, the news was the government shutdown caused by the impasse between President Trump and Congress over the Trump Administration’s demands for $5 billion to construct and repair portions of the border wall with Mexico. During the same period of time, the trade war with China was also growing in importance

Ben Buckner (AgResource, Grain Market Specialist): Okay. Greetings MidPlains Ag and greetings from AgResourceCompany in Chicago. It’s nice to be here again for our second webinar. And in this one we will discuss the USDA’s May Supply and Demand report, which, of course, is the first that features the new-crop US and global supply and

THE GOAL OF ALL CENTER PIVOT IRRIGATION SYSTEMS IS TO DELIVER IRRIGATION WATER IN UNIFORM MANNER BASED UPON THE MANAGEMENT SCHEME OF THE OPERATOR. If the initial field reconnaissance has taken place correctly, the field elevation change, the flow rate, the pump outlet pressure and pumping water level all combine to match up with sprinkler

South American Weather Far From Ideal Even the October WASDE is not expected to move price much, especially longer term, but next up for markets is whether South American corn, soybean and wheat surpluses expand or contract. NASS’s US production estimates are likely pretty close in corn and beans – bean yield may be overstated

South America Starts to Dominate Corn Exports As expected, South American corn shipments are beginning to accelerate, and given current basis levels there Brazil and Argentina will be the world’s primary suppliers into the middle part of autumn.   Monthly Brazilian Corn Exports Brazil in July shipped 2.3 million tons of corn in July, a