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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FOR THE WEEK ENDED 9-14-18 CORN – The big bombshell in the corn market this week was the WASDE report so let’s get right to it.  The USDA increased the corn yield to a whopping 181.3 bpa.  This was almost 4 bpa higher than the average guess.  In the USDA’s Executive Briefing slides, they noted [...]


Market Report Thursday September 13th, 2018 December closed down 2 at $3.50 ½ and March 19 closed down 2 ¼ at $3.62 ¾. November beans closed down 6 ¾ at $8.33 ¼ and January 19 closed down 6 ½ at $8.47.  December wheat closed down 9 ¾ at $4.97 and July 19 closed down 6 [...]


Market Report Tuesday September 11th, 2018 December closed down ½ at $3.66 ¾ and March 19 closed down ¾ at $3.78 ½.  November beans closed down 13 ½ at $8.31 ¾ and January 19 closed down 13 ½ at $8.45 ½.  December wheat closed down 9 ½ at $5.18 ¾ and July 19 closed down [...]


Market Report Monday September 10th, 2018 December closed up ¼ at $3.67 ¼ and March 19 closed unchanged at $3.79 ¼.  November beans closed up 1 ¼ at $8.45 ¼ and January 19 closed up 1 ¾ at $8.59.  December wheat closed up 17 at $5.28 ¼ and July 19 closed up 17 ¾ at [...]


FOR THE WEEK ENDED 9-7-18 CORN – August went out with a bang and September ushered in additional gains.  There wasn’t much fresh news to drive the market.  One market moving item was Argentina’s move to reinstitute the export tax on corn and wheat, and readjust the soybean export tax. In their bid to keep [...]


Market Report Thursday September 6th, 2018 December closed up 1 at $3.66 ¼ and March 19 closed up 1 at $3.78 ¼.  November beans closed up 1 ¼ at $8.39 ¼ and January 19 closed up 1 ½ at $8.52 ¼. December wheat closed down 8 at $5.13 ¾ and July 19 closed down 6 [...]


Market Report Wednesday September 5th, 2018 December closed down 3 at $3.65 ¼ and March 19 down 2 ½ at $3.77 ¼.  November beans closed down 6 ¼ at $8.38 and January 19 closed down 6 ¼ at $8.50 ¾. December wheat closed down 9 ¾ at $5.21 ¾ and July 19 closed down 8 [...]


Market Report Tuesday September 4th, 2018 December closed up 3 ¼ at $3.68 ¼ and March 19 up 2 ½ at $3.79 ¾.  November beans closed up ¾ at $8.44 ¼ and January 19 closed up ¼ at $8.57. December wheat closed down 14 at $5.31 ½ and July 19 closed down 8 ¼ at [...]


Market Report Thursday August 30th, 2018 September corn closed down ¼ at $3.41 and December closed unchanged at $3.56 ½. November beans closed down 4 ½ at $8.31 ½ and January 19 closed down 4 ¼ at $8.45. September wheat closed down 7 ¾ at $5.08 and July 19 closed down 6 at $5.61 ¾. [...]


Market Report Wednesday August 29th, 2018 September corn closed up ¼ at $3.41 ¼ and December closed up ¼ at $3.56 ½.  November beans closed up 2 ¾ at $8.36 and January 19 closed up 2 ¾ at $8.49 ¼. September wheat closed up 17 ½ at $5.15 ¾ and July 19 closed up 13 [...]