by Travis Martin | May 7, 2021 | Uncategorized
As soybean prices skyrocket, global grain traders are looking for their very own spy kids to keep an eye on Brazilian farmers. The situation: Casual contracts – communicated months ago via WhatsApp, phone calls, and emails – are tempting farmers to dump...
by Travis Martin | Jan 29, 2021 | Uncategorized
Grain bin manufacturers and contractors will be rolling up their sleeves for the foreseeable future.“On-farm storage demand is through the roof,” noted Nathan Luff, a Sukup/Brock dealer in Missouri. His take reflects industry vibes that demand this heavy hasn’t...
by Travis Martin | Jan 15, 2021 | Uncategorized
Corn and soybean data stole the show at Tuesday’s WASDE report reveal. The commodity cousins duked it out for the top headline as 2020 corn yield projections tanked and soybean stocks were tight. The rundown: A 3.8-bushel yield drop for corn was the first bomb to drop...
by Travis Martin | Jan 5, 2021 | Uncategorized
Soybeans sure feel rejuvenated after the holiday break. Abundant demand and tight supplies are leading to +$13 prices, not seen since 2014. A trifecta of drivers are leading to the tightest demand-supply split in over six years: → China’s heavy purchases – $6.8...
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