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Farmers face potentially thousands in added costs as diesel inventories hit 40-year lows.
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Brian Grete with Commstock Investments says grain markets posted higher closes for the month with funds pouring massive amounts of money into the complex. Are they done buying yet is the question in a new month.
The agency’s approved Small Refinery Exemptions totaling 1.76 billion RINs, but offset that by proposing to reallocate 770 million RINs for 2026 and 2027.
Analysts Dan Basse and Chip Nellinger say $6 corn is looking likely this year. While there’s always risk as the funds post such a long position, there is another factor that could push prices past $6, and that’s tied to El Niño.
Environmental factors are behind this year’s crown rot surge. The disease is appearing in hybrids that agronomists say are rarely prone to having the problem.
Cattle futures were trying to bounce early Monday as both live and feeder cattle are oversold after lower weekly closes says Brad Kooima with Kooima Kooima Varilek. However, he was cautious about it holding.
Ground beef demand remains strong as cattle producers push back on Trump’s latest beef import plan that sent cattle prices sinking. Ranchers say consumers don’t have a beef price problem — they have a fuel price problem.
Jerry Gulke, president of the Gulke Group, has been fielding questions from farmers wanting to know how long the explosive rally could last and how high prices could run?
Don Roose with U.S. Commodities says the grains have seen rotating leadership but the bull market is currently being led by wheat and will needs continue Black Sea headlines to keep moving higher.
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