The Jan. 12 USDA reports held positive surprises for grain prices. “What you don't want to see is yield going up and demand going down, but what we saw was total production going down and a drop in demand,” says Jerry Gulke.
Mark Gold: Protect Profitable Prices with Put Options
Mark Gold says the top lesson from the 2022 crop year is farmers need to put aside the market hype and look to sell grain on rallies, or at least protect high prices with put options.
USDA Now Says The U.S. Lost 1.6 Million More Acres Of Corn In 2022, Where Did They Go?
A few surprises came out of USDA reports, including a 1.6-million-acre drop in U.S. corn acres. As a result, the U.S. crop balance sheets continued to tighten.
Brazil is Short on Bin Space As Grain Output Outpaces Storage Capacity
The 2022/23 crop season could post two records in Brazil: a record 313 million tons of soybeans, corn, cotton, rice and wheat and a record storage deficit of more than 100 million tons.
Are Landlocked Soybean Crush Facilities Destined to Survive?
As more renewable diesel crush facilities open in 2023, Jordan Fife, president of BioUrja Trading, foresees more diesel and profit in the industry. However, he is not certain the crush locations reflect the greatest diesel needs.
