Blog

For the commodity world, 2020 has been particularly interesting. Between stimulus packages and China buying pullback, to ramping up production and setting up for a potential big comeback in 2021 it feels like we’ve been living through a game of ping pong. So to review it all – plus give some insight into 2021 – we’ve brought Dr. Scott Irwin on to go through it all. Dr. Scott Irwin is chair of the Agricultural Marketing in the Department of Agriculture and Consumer Economics at University of Illinois Champaign-Urbana. Scott is a national and international leader in the field of agricultural ...

Corn followed beans up this week as exports continue to roll. China continues to be a buyer of US corn and continued La Nina weather in South America are helping pull prices up. Corn will continue to go as soybeans go (as usual) so any positive soybean news is also supportive for corn prices. There continues to be upside in the market as fundamentals continue to bullish with the downside being a change in weather for South America. Corn has been slow and steady and will continue to be with exports being the main news. Via Barchart Soybeans finally broke ...

In this monthly segment on The Hedged Edge, RCM Ag Services pros Jody Lawrence, Ron Lawson, Kevin Bost, and host Jeff Eizenberg come together to provide expert knowledge on important markets including cotton, meat, and grains following the USDA Report. During today’s episode we’re talking about reporting back from farmers on the recent USDA report, labor shortfalls,  taxes and tariffs, commodity price inflation, adjusting planting intentions, feed prices affecting hog/cattle prices, calorie reports, corn vs beans,  and more from the report and looking towards the end of 2020. Find the full episode links below: Apple Spotify Stitcher ...

Corn was down a little on the week as there was not much news on either side. The USDA report came with a mixed bag of information as corn had minimal loses after it. The US corn stocks came in 11 MBU above estimates, but world numbers came in 12 MBU below making that news mostly a wash. They did not touch many numbers but did raise Chinese imports or corn by 16.5 mmt. Many experts still see 16.5 mmt on the lower end of imports and will probably end up being higher. Corn does not have quite the bullish ...

In Part 1: We’re doing a virtual road trip around the U.S. in today’s podcast visiting some of our favorite ag persons for harvest market updates. We’ll be travelling from Tennessee to Kansas to get you updates on market conditions, harvest crop updates, 2020-2021 predictions and more. To give us more detail about the regional nuances on these topics, we’re joined by some of the best guys in the business to give you their take on their home state: Chapters: 00:00 Intro 01:01 Jody Lawrence – TN/Central Region - Director of Research with RCM Ag Services 39:41 Jake Moss – KS - Branch ...