This year, within 3 months, the soybean industry went from the normal 50-day supply to only a 14-day supply.
Because that guy who “did nothing” is right only once in a decade.
Besides exports, livestock feed usage is a huge driver for corn consumption
Stuck in the middle of a price range; plentiful supply and glimmers of lasting export demand
Markets provided profitable Christmas presents this year. Maybe it’s time to put a few of them in the bank.
A check-in on South American growing season, yield expectations.
Look to history for clues, but remember: Charts do not tell where the market is going, but only where it has been.
With each passing week it looks like we are moving into a long-term demand-driven bull market.
While USDA has already reduced supply potential for the 2020/21 crop year, more reductions may be coming.
Net farm income for 2021 could fall, most likely due to less aid from the government.