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 27th, 2018 March 19 corn closed up ½ at $3.68 ½ at December 2019 closed down ¼ at $3.92. January beans closed 13 ¼ at $8.75 ½ and March 19 closed up 13 at $8.89 ¼. March wheat closed down 7 ½ at $5.06 ½ and July 19 closed down 5 [...]


Market Report Monday November 26th, 2018 December closed down 3 at $3.56 and March 19 closed down 2 ½ at $3.68. January beans closed down 18 ¾ at $8.62 ¼ and March 19 closed down 18 ½ at $8.76 ¼. December wheat closed up 7 ¾ at $5.07 ½ and July 19 closed up 4 [...]


FOR THE WEEK ENDED 11-23-18 CORN – Holiday shortened weeks can breed volatility, but that wasn’t the case in the corn market this week.  Without attention grabbing headlines of its own, corn eased lower throughout the week to prices not seen since October 1st.   Political comments between the US and China kept ears to the [...]


FOR THE WEEK ENDED 11-16-18 CORN –  Reminder that the CME will close at its normal time on Wednesday, November 21, then won’t reopen until Friday, November 23 at 9:30 due to the Thanksgiving holiday.  On Friday, November 23, grain and soy markets will close early at 1:05 pm. December options also expire on Friday, [...]


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 [...]