Blog

Corn continued its rally this week as grain bulls and inflation continue to drive it higher. The yield losses in South America continue to have news around it as the reality of significant losses begins to set in. Too much rain and heat or not enough rain and heat have been driving the issues, with very few areas having excellent growing conditions. With the Chinese New Year coming up, China will disappear from the export reports for a little bit, but once they come back, the market will have a better idea of where Brazil and Argentina sit. If the ...

A special guest joins us for this episode of The Hedged Edge, who is well known for his many titles, which include Doctor, Editor-in-Chief, Dean, and Chief Academic Officer, just to name a few. Dr. Channa S. Prakash, Dean of the College of Arts and Sciences (CAS) at Tuskegee University, has served as faculty since 1989 and is a professor of crop genetics, biotechnology, and genomics. He is also well recognized for mentoring underrepresented minority students. Tune in as biotech guru Dr. Prakash discusses everything from Alabama football, genetics as one of the most extensive agricultural advancements, the most significant ...

The Correction Has Begun Typically, a corrective move is easy to project, but there will always be tension in making that call after last year. There is always the fear of an implosion. Last week, we saw the slowness in the cash market carrying over to the futures market. Numerous factors are weighing on the market today, as mentioned before: The high concentration of bulls out there. The makeup of the home buyers is getting too speculative. The fact that mortgages are up a half-point already and going higher. All this must be managed when ship times are weeks out ...

Corn rallied this week with beans with news of trouble in South America continuing and rumors of purchases from China. As we have mentioned before, China buying all ag products is welcome news as they are well behind the Phase 1 targets. The Russia and Ukraine tension, should it boil over, will have major implications for the commodities market as Ukraine’s exports will all but cease. The news of Brazil stopping bean sales is worrisome as there could be more bean and corn yield lost than thought. Energy prices continue their run higher as ethanol demand does not seem to ...

Welcome to the 2022 lumber market. A place no one wants to be, but all keep showing up. Here's a brief rundown:  The futures market was up over $100 again — The run has been relentless and unforgiving, and it's hard to find the endpoint. Recently, 4 out of 5 of those in the lumber industry think the market is going higher. Half of those are not long. So why so bullish? The two key factors are transportation and demand. We will look at each side to see if that endpoint can be projected.   Many are looking for the typical ...