Author: Amy

Wheat Weekly Comments October 16

To start the week wheat opened lower across the board but managed to shake off the early selling pressure and push higher by the end of the night session. Pressure was due to the lack of news. Today is a government holiday, which has all USDA reports delayed a day. Light selling was also tied […]

Corn Weekly Comments October 16

In Monday’s session corn opened higher and continued to trade with small gains throughout the night. Early support came from thoughts that Friday’s sell off was too much. Support was also due to reports of another failed attempt of an energy ceasefire between Russia and Ukraine. One good thing from Friday, corn set a new […]

Soybean Weekly Comments October 16

To start the week soybeans opened lower and traded with losses throughout the session, although soybeans did trim losses going into the close. Early selling was tied to reports that Brazil’s planting progress was close to 20% complete vs 12% average. This is one of the fastest planting paces for Brazil. The lack of news […]

Canola/Sunflower Weekly Comments October 16

Canola was closed for Canada’s Thanksgiving on Monday. Canola opened Tuesday’s session with gains, but reversed direction and closed lower. Early support came from harvest concerns in Canada. Support also came from news that EPA will reallocate any lost biofuel volumes to 2026 and 2027 production. Gains were trimmed late in the session as once […]

Cattle Weekly Comments October 16

Cattle had a rough week, trading lower for the first three sessions but cattle did manage to trade with gains to close out the week ending Thursday. Economic concerns and talk about possible interest rate increases resulted in week’s sloppy trading. Live cattle opened the week mixed as did the feeder cattle. But cattle came […]

Crop Insurance Harvest Price Tracking

Harvest prices are now official for barley, canola, flax, oats, rye, spring wheat, durum, and winter wheat in SD. Since the harvest prices are higher than the base prices, you must have a bushel loss to have a claim. Since you cannot have a revenue only loss, we will not be sending out revenue loss […]

Crop Insurance Harvest Price Tracking

Harvest prices are now official for barley, canola, flax, oats, rye, spring wheat, durum, and winter wheat in SD. Since the harvest prices are higher than the base prices, you must have a bushel loss to have a claim. Since you cannot have a revenue only loss, we will not be sending out revenue loss […]

Export Sales Report October 16

Last week’s wheat export sales pace was estimated at 11.8 MB. After 19 weeks, wheat sales were at 51% of USDA’s expectations vs. 63% last year. With 33 weeks left in wheat’s export marketing year, sales need to average 11.1 MB to make USDA’s projection of 750 MB. Last week’s corn export sales pace was […]

Export Sales Report October 16

Last week’s wheat export sales pace was estimated at 11.8 MB. After 19 weeks, wheat sales were at 51% of USDA’s expectations vs. 63% last year. With 33 weeks left in wheat’s export marketing year, sales need to average 11.1 MB to make USDA’s projection of 750 MB. Last week’s corn export sales pace was […]