Hubbs on Grain: Will Corn Exports Recover? Nov 11, 2019

🕔Nov 11, 2019Despite the corn crop dropping by 118 million bushels in last Friday’s WASDE report, a 100 million bushel reduction in 2019-20 corn use muted any positivity. While expected by most […]

Corn: High Moisture Widely Offsets Bullish Basis Hopes – DTN Nov 8, 2019

🕔Nov 8, 2019Any complex, multi-stage process will have some bottleneck. For row-crop harvest, sometimes the bottleneck is at the elevator where trucks get stuck in long lines waiting for the dump to […]

USDA Report Cheat Sheet – Expectations for Corn Nov 7, 2019

🕔Nov 7, 2019I have spent the last two days talking to every expert I know about the corn, soybean, wheat, and rice situation. First, no one is expecting a 3-5 bushel drop […]

Grain Markets: RaboResearch Predicts Continued Price Pressure Nov 4, 2019

🕔Nov 4, 2019In its new series of 10-year outlooks for corn, soybeans and wheat, the RaboResearch Food & Agribusiness group at Rabo AgriFinance underlines continuing long-term challenges for U.S. producers. Ending stocks […]

Hubbs on Grain: What Does a Trade Deal Promise for Soybean Exports? Nov 4, 2019

🕔Nov 4, 2019The proposed Phase 1 trade deal with China continues to move toward a resolution. An initial announcement of $40-50 billion a year of agricultural exports gradually morphed into a $20 […]

Soybeans: Are Basis Levels Making a Comeback? – DTN Oct 29, 2019

🕔Oct 29, 2019It has been over two years since there has been anything positive to say about soybean basis. The past two end-of-year stories I wrote were depressing to say the least […]

Corn: Much Anxiety, Despite Lifeless Market – DTN Oct 28, 2019

🕔Oct 28, 2019Judging by the day-to-day moves in December corn this month, one wouldn’t guess there’s much stress in the market as prices started October at $3.88 per bushel and closed Thursday […]

Hubbs on Grain: Corn – Potential for a Post-Harvest Price Rally? Oct 21, 2019

🕔Oct 21, 2019Central Illinois corn prices climbed to the mid-$3.80 range last week with some locations offering above $4 for fall delivery.  While December futures prices struggle to break through $4, the […]

Hubbs on Grain: Corn, Soybeans Move Higher on Supply, Trade Numbers Oct 14, 2019

🕔Oct 14, 2019Strong price rallies in both corn and soybeans closed out the week after a mixed reaction on Thursday.  Corn prices initially fell due to higher than expected production levels.  Severe […]

Wheat: Wet Conditions Stalling Harvest, Quality Concerns – DTN Oct 8, 2019

🕔Oct 8, 2019The 2019 spring wheat and durum planting season was stalled by late-spring snow, along with constant rains in some of the key growing areas of the Northern Plains. Fast forward […]

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