Sunday Night Grain Outlook, 2-24-08

Sunday Night Grain Outlook By Duane Lowry Sunday, February 24, 2008 OPENING CALL: Corn= steady-better, Wheat= steady-better, Soybeans= steady-better. Weather would receive a favorable spin for South America, but Sunday night price activity has not been

Today's USDA Outlook Forum Highlights

Highlights from this morning’s release of USDA Outlook Forum data> Corn: Yield= 154.9, Production= 12.81, 08/09 Carryout= 1.243. Exports pegged at 2.15 bil, down 300 mil from the current projection for old-crop exports. Corn used for ethanol=

Highlights from USDA Outlook Forum

**USDA Outlook Forum Highlights released today: *Total US acreage for 8 major crops is expected to increase 6.8 mil in 2008. This is a larger jump than the market has been digesting. *USDA says world 2008 wheat production will jump 48-58 mmt from last

Monday night outlook, 2-18-08

Monday Night Grain Outlook By Duane Lowry Monday, February 18, 2008 OPENING CALL: Corn= steady-better, Wheat= steady-easier, Soybeans= 3-5 higher. Weather provided beneficial moisture for some previously dry portions of Texas and Oklahoma. The US hrw

Holiday Trading Hours

Grain trading will be closed Sunday night and Monday. Trading will resume Monday evening at 6:00 Chicago time.

Sunday night grain outlook, 2-10-08

Sunday Night Grain Outlook By Duane Lowry Sunday, February 10, 2008 OPENING CALL: Corn= 2-3 lower, Wheat= slightly-higher old-crop Chicago, lower new-crop Chicago, Soybeans= 4-6 lower. **Note about new wheat price limits… Beginning tonight, Chicago,

USDA Report Results

USDA Report Results: Bean carryout= 160 mil, less than expected. Corn carryout= 1.438 bil, more than expected. Wheat carryout= 272 mil, near expectations. World data changes were statistically insignificant. Reactions will be largely neutral, watching

High Water Mark?

*For what it is worth… It is interesting to remember the ignition role that energy prices had on the entire commodity price trend pattern and especially the agricultural markets. Inflation became the buzz word in the investment community and this

Delayed Ethanol Mandate?

There are rumors circulating the CBOT that the gov't is considering a delay to the ethanol mandate by 1 or 2 years.

Energy Inflation...Did something change?

We all know that sharply higher energy prices have played a significant role during the last year in guiding investor capital towards inflation trades, of which owning agricultural commodities was certainly a key focus. However, did you realize that if

Sunday Night Grain Outlook, 2-3-08

Sunday Night Grain Outlook By Duane Lowry Sunday, February 3, 2008 OPENING CALL: Corn= mixed, Wheat= mixed, Soybeans= mixed. Weather is generally favorable for Brazil and Argentina. However, those wanting to discuss “too wet” conditions for