Market Matters Blog
Katie Micik DTN Markets Editor

Wednesday 08/26/15

2014-15 Crop Year Ends For Corn, Soybeans, Spring Wheat Basis
As the 2014-15 crop marketing year draws to a close, let's look at how basis fared in the past 12 months. In general, at the end of August 2015, corn, soybean and wheat basis is about 30 to 40 cents weaker than the 5-year averages for each crop.[Read Full Blog Post]
Posted at 3:41PM CDT 08/26/15 by Mary Kennedy | 0 Comments | Post a Comment
 

Monday 08/10/15

STB Needs to Make Timely Decision on Revenue Adequacy, Grain Rates
The Surface Transportation Board needs to quickly move ahead with a comprehensive set of proposals for railroad grain shipping rates and rail revenue adequacy in order to create more certainty for both shippers and railroads, the former acting chairman of the STB told attendees at this year's National Grain and Feed Association Ag Transportation Summit.[Read Full Blog Post]
Posted at 12:59PM CDT 08/10/15 by Mary Kennedy | 0 Comments | Post a Comment
 

Friday 08/07/15

A Windshield Tour
I logged nearly 1,000 miles in the car over the past week, and I saw signs of this year's wet spring almost everywhere.[Read Full Blog Post]
Posted at 9:58AM CDT 08/07/15 by Katie Micik | Post a Comment
Comments (3)
Not everyone is/was wet. My little pocket is extremely dry - been missed by the rains.
Posted by Unknown at 10:30AM CDT 08/07/15
Thank You Katie you are the first report to admitt things are not at all rosie. Sounds like you seen the same as I did in July on our trip from michigan to Texas. Yet USDA and those reporting want us to believe the corn crop will recover.
Posted by Raymond Simpkins at 11:22AM CDT 08/07/15
yes I'm from Wis. and was down 88 and 80 two weeks ago and the biggest thing was the color very pale corn way short of N they must of forgot what corn looks like to get high yields. Up here corn and beans look good for now but it have forgotten to rain the last two weeks and starting to see a little stress
Posted by Unknown at 9:06PM CDT 08/09/15
 

Wednesday 08/05/15

Mr. Market Lives In China Too
Manic-depressive behavior knows no borders.[Read Full Blog Post]
Posted at 10:40AM CDT 08/05/15 by Todd Hultman | 0 Comments | Post a Comment
 

Monday 07/27/15

Shipper Groups, Railroads at Odds Over Rules Regarding Railroads' Revenue-Adequate Status
During a hearing held last week, railroads and shipper groups voiced opposite views on whether railroads should be able to continue to differentially price rail service to captive shippers once they reach revenue-adequate status.[Read Full Blog Post]
Posted at 2:01PM CDT 07/27/15 by Mary Kennedy | 0 Comments | Post a Comment
 

Tuesday 07/21/15

Sorghum's GMO Question
Between domestic and international markets, sorghum's status as an ancient grain with no genetic engineering is paying off, but how long will that last?[Read Full Blog Post]
Posted at 2:40PM CDT 07/21/15 by Katie Micik | Post a Comment
Comments (2)
"we don't want to close the door on GE". Smart! Take a look at cassava and Hawaiian papaya. Then inform the customer that broadcast applications of pesticides to protect their food are not necessarily good for the environment.
Posted by Curt Zingula at 7:16AM CDT 07/23/15
Sorghum is an excellent choice right in line with wheat as far as crops go on the southern high plains and right behind native grass. When the wells yield to little water-that is the now for some, and the future for many! Sorghum is a big deal and without question down here a tough crop to beat in terms of yield per inch of rain, cost of production, and genetic diversity. Economics of sorghum generally matches or beats wheat, and beats native grasses. Sorghum, Wheat, native pasture, and cattle is a great combination game in the Texas panhandle.
Posted by Chris Grotegut at 6:05PM CDT 07/26/15
 

Monday 07/20/15

More Heavy Rains Cause Major Headaches, Weak Basis
Flooding on the nation's major rivers has slowed barge traffic recently and has caused basis bids for barge movement to drop.[Read Full Blog Post]
Posted at 10:45AM CDT 07/20/15 by Mary Kennedy | 0 Comments | Post a Comment
 

Monday 07/13/15

Longshoremen Chassis Inspections Continue to Slow Trucks at Ports
Several West Coast ports are still playing catch-up after labor negotiations between the International Longshoremen and Warehouse Union and the Pacific Maritime Association resulted in delays in shipping for nearly nine months late last year and the beginning of this year.[Read Full Blog Post]
Posted at 12:18PM CDT 07/13/15 by Mary Kennedy | Post a Comment
Comments (1)
I just wonder when the unions are going to realize that it does not help to shoot themselves in the foot all the time. I saw this all the time when I was union. People complaining about everythig and sitting around doing nothing about it. I can remember a time when men took pride in their work, not in how long it took to do a 5 minute job.
Posted by Dale Paisley at 1:00PM CDT 07/14/15
 

Tuesday 07/07/15

DDG, Ethanol Exports Climb
U.S. ethanol exports totaled 64.6 million gallons in May, up 22% from a year ago, according to U.S. Census Bureau trade data. DDG exports notched the second highest monthly total on record.[Read Full Blog Post]
Posted at 10:54AM CDT 07/07/15 by Katie Micik | Post a Comment
Comments (1)
GROW MORE CORN
Posted by James Pritchett at 10:23AM CDT 07/10/15
 

Thursday 07/02/15

Record Trading Volumes in Ag
Tuesday, June 30, 2015 set volume records in futures and options markets as well as the electronic cash market.[Read Full Blog Post]
Posted at 10:27AM CDT 07/02/15 by Katie Micik | 0 Comments | Post a Comment
 

Monday 06/29/15

Additional Rains Add Insult to Injury Caused by Tropical Storm Bill
Tropical Storm Bill dumped 4 or more inches of rain in Arkansas, Illinois, Indiana, Louisiana, Missouri, Ohio, Oklahoma and Texas. More rains following that storm have added to flooding problems in those states.[Read Full Blog Post]
Posted at 1:06PM CDT 06/29/15 by Mary Kennedy | 0 Comments | Post a Comment
 

Monday 06/22/15

Tropical Storm Bill Adds to Already High Water Conditions
As Tropical Storm Bill came up from the Texas coast last weekend and became a tropical depression, it moved through waterlogged states, adding more water to the already high rivers.[Read Full Blog Post]
Posted at 11:43AM CDT 06/22/15 by Mary Kennedy | 0 Comments | Post a Comment
 

Wednesday 06/17/15

Cotton's Acreage Conundrum
Will declining cotton acreage in the U.S. and China be enough to make a dent in stubbornly high global stockpiles?[Read Full Blog Post]
Posted at 2:46PM CDT 06/17/15 by Katie Micik | 0 Comments | Post a Comment
 

Monday 06/15/15

STB Reviews Rail Transportation of Grain, Rate Regulations
A recent STB hearing allowed grain shippers, ag organizations and railroad companies to express their opinions about improving procedures to set fair shipping rates.[Read Full Blog Post]
Posted at 12:23PM CDT 06/15/15 by Mary Kennedy | 0 Comments | Post a Comment
 

Friday 06/12/15

TAS Orders Available Starting Monday
CME Group is rolling out a new futures order type for agriculture products next Monday to help smooth the transition to electronic-only trade, and experts believe the new trade at settlement (TAS) order type has beneficial aspects for the grain industry.[Read Full Blog Post]
Posted at 11:02AM CDT 06/12/15 by Katie Micik | 0 Comments | Post a Comment
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Recent Blog Posts
  • 2014-15 Crop Year Ends For Corn, Soybeans, Spring Wheat Basis
  • STB Needs to Make Timely Decision on Revenue Adequacy, Grain Rates
  • A Windshield Tour
  • Mr. Market Lives In China Too
  • Shipper Groups, Railroads at Odds Over Rules Regarding Railroads' Revenue-Adequate Status
  • Sorghum's GMO Question
  • More Heavy Rains Cause Major Headaches, Weak Basis
  • Longshoremen Chassis Inspections Continue to Slow Trucks at Ports
  • DDG, Ethanol Exports Climb
  • Record Trading Volumes in Ag
  • Additional Rains Add Insult to Injury Caused by Tropical Storm Bill
  • Tropical Storm Bill Adds to Already High Water Conditions
  • Cotton's Acreage Conundrum
  • STB Reviews Rail Transportation of Grain, Rate Regulations
  • TAS Orders Available Starting Monday
  • Rivers Fill Up, Wheat Condition Worsens, Harvest Slows
  • Will Farmers Keep 2014-15 Corn Through the Next Harvest?
  • Even Still, All is Not Quiet at the Western Ports
  • USDA: Ag Exports at $140.5 Billion
  • ATA Reports Trucking Revenues Grow in Spite of Shortage