Market Trends for January & February 2020

US and the World

As we careen into the new decade, 2020 can surely represent opportunity for those within the greater grain economy.  2019 was a difficult year for many in the Eastern Corn belt and 2020 represents an opportunity to do better.  Looking further out, what will a new decade define the grain economy going forward? 

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Market Trends Report for December & January

US and the World

As 2019 is coming to an end, many farmers across the North American corn belt, it can’t come soon enough.  A brutal spring which turned into summer has now transformed the angst to a tough fall for many farmers.  As of December 9th, the USDA reported that 8% of US corn is still out in the field. Much of it, still in the snowy part of the upper Midwest.  Case in point was North Dakota, where over half the corn crop was still in the field. 

Every year is different and 2019 surely was unique. 

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Market Trend Commentary for November & December

U.S and the World

Combines have been rolling throughout the American corn belt, Ontario and Quebec. Harvest weather, as always presents challenges for farmers and 2019 continues to go down as a year to remember. Rain and snow have inundated much of the American corn belt, slowing harvest. This is on top of a crop, which was planted late and not as mature as it usually is this time of year. As of November 4th, 52 % of American corn had been harvested versus 74% last year. On November 3rd, 75% of American soybeans had been harvested compared to 81% a year ago. 

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