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Episode 50: Member Relations
Wednesday, June 21, 2017
June 21, 2017
Harvest 2017 prices as of the close, June 21 are as follows:
SWW @ $219.48/MT ($5.97/bu), HRW @ $217.05/MT ($5.91/bu),
HRS @ $267.34/MT ($7.28/bu), SRW @ $217.05/MT ($5.91/bu)
Monday, June 12, 2017
It is a critical time of the year for grain markets. Across the US corn belt as well as Ontario, farmers have been planting since mid April. It continues. As of May 28th 91% of US corn has been planted and 67% of US soybeans. There are wide variations on this theme as the Eastern and Southern corn belt has seen more of its share of wet weather causing many planting delays. As we move into late June it is a time where the US crop is setting up to be made and marketing decisions for that crop are accentuated by market volatility. The June 9th USDA report gave us another indication of the supply of grain in the US and around the world.
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