Blogging by the Bushel
With numerous challenges over the past several years for producers, we at Mercer Landmark understand the need for a comprehensive risk management solution. We seek to provide our customers with unparalleled service to ensure maximum results.
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Market Report Tuesday November 13th, 2018 December closed down 4 ¾ at $3.66 ½ and March 19 closed down 4 ½ at $3.77 ¾. January beans closed down 5 at $8.78 ¼ and March 19 closed down 5 at $8.91 ¾. December wheat closed down 12 at $5.07 ¾ and July 19 closed down 6 [...]


FOR THE WEEK ENDED 11-9-18 CORN – Be careful what you ask for…we wanted to see the November WASDE numbers and boy, were they a surprise!  Just when you think that China only affects our soybean market, they surprise you in the corn market. Action in the corn market leading up to the November 8th [...]


Market Report Thursday November 8th, 2018 December closed up 1 ¼ at $3.73 ½ and March 19 closed up 1 ½ at $3.85 ¼. January beans closed down ½ at $8.79 and March 19 closed down ¼ at $8.92. December wheat closed down 2 ½ at $5.07 ¾ and July 19 closed down 2 at [...]


Market Report Wednesday November 7th, 2018 December closed down 1 at $3.72 ¼ and March 19 closed down 1 ½ at $3.83 ¾. January beans closed down 4 ¾ at $8.79 ½ and March 19 closed down 4 ¼ at $8.92 ¼. December wheat closed down 1 ¾ at $5.10 ¼ and July 19 closed [...]


Market Report Monday November 5th, 2018 December closed up 2 ¾ at $3.74 and March 19 closed up 2 ½ at $3.85 ¾. January beans closed down 2 at $8.85 ¾ and March 19 closed down 1 ¾ at $8.98 ¼. December wheat closed down 1 ½ at $5.07 ¼ and July 19 closed unchanged [...]


FOR THE WEEK ENDED 11-2-18 CORN The corn market edged higher this week on spillover strength from political statements that rallied the soybean market.  Without the surge higher in soybeans, corn remained stuck in its $3.60 to $3.75 trading range.  Export demand for corn has been uninspiring, but basis was steady to firm as growers [...]


Market Report Wednesday October 31st, 2018 December closed down 1 ½ at $3.63 ¼ and March 19 closed down 1 ½ at $3.75 ¾. January beans closed up 4 ¾ at $8.51 ¾ and March 19 closed up 4 ½ at $8.65. December wheat closed up ¾ at $5.00 ½ and July 19 closed down [...]


FOR THE WEKK ENDED 10-26-18 CORN – The corn market just keeps plugging along in a sideways trading range between 360 and 375.25. Since October 1st, the open or the close of December corn futures has been in that range every day. The weekly change for the December futures was a slim gain of just [...]


Market Report Thursday October 25th, 2018 December closed down 7 ¼ at $3.61 and March 19 closed down 7 at $3.73 ½. November beans closed down 8 ½ at $8.41 ¾ and January 19 closed down 9 at $8.54 ½. December wheat closed down 12 ¼ at $4.87 ¼ and July 19 closed down 11 [...]


Market Report Wednesday October 24th, 2018 December closed down 2 at $3.68 ¼ and March 19 closed down 2 at $3.80 ½. November beans closed down 7 ¼ at $8.50 ¼ and January 19 closed down 7 ½ at $8.63 ½. December wheat closed down 9 ½ at $4.99 ½ and July 19 closed down [...]