World grain movements and ag industry issues impact day to day decisions. Tune in weekly to the Bull/Bear Banter on the Landus Experience Podcast to help you digest the noise and put proactive grain marketing strategies in place. Hosts from the Landus grain team have a little on-air fun while trying to help you improve your bottom line with each weekly episode. Subscribe today!
Soybean futures top $12
The entire soy complex closed above psychological levels to end the week. Corn also had a decent week.
December WASDE report released
Even though the USDA didn’t give us much bullish news, there are still some items to consider this week.
January Soybean Futures Can’t Break $12
This week, soybean futures attempted to push through the $12 barrier, but failed. Subsequent trading move us significantly lower. Our discussion includes other factors impacting corn and soybean values this week.
Export sales continue to grow
Even with a holiday-shortened week, there are still items to discuss. Also, an update on Tom’s challenge from our May 1st episode, including his debut performance on the piano.
You can refer back to the May 1st "Tom's Take" piano challenge here: https://www.podbean.com/eu/pb-ejyek-db191b
Grain Markets Continue to Rally
Despite new measures being put in place across the country, grain markets rallied again this week.
Positive news from the USDA’s WASDE
On Tuesday, the USDA reduced ending stocks for both corn and soybeans. This led to some significantly higher prices for both.