We are seeing a number of analysts telling producers they ought to be selling not just 2015 production, but also some 2016 production. This does seem very premature with December 2015 corn futures trading below $4.00.Friday's talk about what U.S. farmers might plant in 2015 drew some comments from readers. One asked why we are already worried about potential 2015 acreage when 50 percent of the 2014 corn and soybean crops haven't yet been harvested. Good question, but there are a few good reasons including:
We are seeing a number of analysts telling producers they ought to be selling not just 2015 production, but also some 2016 production. This does seem very premature with December 2015 corn futures trading below $4.00. That is still bel...
What You Need to Know Today: The corn and soybean markets closed slightly higher in low-volume trade. The wheat market was mixed, with HRW continuing its downward trek on improved moisture. As expected, the bearish cattle on feed report drove down cattle prices and pulled hogs down with it. Mi...
Monday, 25 May is a U.S. holiday, and both the markets and our office will be closed. Please note that the next issue of Ag Perspectives will be published on Tuesday, 26 May. The WPI staff wishes everyone a safe and enjoyable holiday weekend...
USDA’s monthly cattle on feed report was released today. The total number of cattle on feed in feedlots with 1,000 head or more capacity amounted to 11.6 million head, 102 percent of last year. Source: USDA, WPI Placements were up, but part of that is attributable to persistent drought c...
