General Comments The need for ample soil moisture during corn pollination, combined with the decline in soil moisture levels from abnormally dry to excessively dry, has caused sellers to step away from corn futures contracts. Traders' emotions can be extremely intense in a weather market because much of the trading is now based on reactions to market conditions rather than the result of pre-defined strategies. Being forced by circumstance to react to evolving unknown conditions is not enjoyable. It is difficult to step back, analyze the market and define the most appropriate action under current conditions.Traders should define the probabilities of a trading range once factors such as the following have been analyzed:
The extended we...
Key Takeaways: President Trump announced $8 billion in additional agricultural assistance through the Harvest Fuel Relief Program, as USDA projects farm fuel and oil expenses will increase 28.8 percent in 2026. The package follows $12 billion in earlier relief, while government farm payments w...
Key Takeaways: A student group from the University of Chicago is protesting to bring back onion futures trading. Trading in onion futures was banned in 1958 following a spectacular bout of market manipulation that resulted in a corner of the physical market. The ban on onion futures led t...
Beef packer margins deteriorated to $141/head last week, down $55 from the prior week as fed cattle prices strengthened while the Choice cutout remained nearly unchanged. The cutout held near $373/cwt while fed cattle prices climbed $4/cwt to $224/cwt, narrowing processor profits. Despite the d...
