Market News
No big fireworks from USDA reports
Brownfield Ag NewsMon Jun 30, 2:32PM CDT
A market analyst says USDA’s two big reports at the end of June didn’t offer many fireworks. Naomi Blohm with Total Farm Marketing says U.S. corn acres were slightly lower than expected and U.S. soybean acres weren’t too far off the USDA’s March estimate. She says the quarterly stocks data...
Brazil corn outlook holding back rally
Brownfield Ag NewsMon Apr 28, 12:02PM CDT
A market analyst suggests South American weather is holding back U.S. corn prices. Naomi Blohm is with Total Farm Marketing. “Right now, Brazil isn’t really having any weather issues on that Safrinha corn. Which is part of the reason why the corn market, in the short term, has stalled out...
Smaller, more frequent farmer selling could help grain marketing
Brownfield Ag NewsFri Apr 25, 3:46PM CDT
A market analyst says farmers should consider making smaller and more frequent sales to improve their grain marketing strategy. Brian Doherty with Total Farm Marketing says getting started can be the hardest part, “If you sell some early, it’s easier to sell more on a rally.” He tells Brownfield rallies...
“Summer high” for December corn coming soon
Brownfield Ag NewsThu Apr 24, 3:46PM CDT
A market analyst is encouraging farmers to prepare for a seasonal high in corn futures. Naomi Blohm with Total Farm Marketing says over the past 17 years, the summer price high for the December new crop corn contract occurred five times in May, seven times in June, and five times...
Markets brace for tariff impact
Brownfield Ag NewsTue Apr 1, 1:00PM CDT
U.S. commodity markets are bracing for the onset of tariffs by the Trump administration. Total Farm Marketing senior market advisor Naomi Blohm says retaliation is the biggest unknown. “What we’re wanting to see is who responds back and what percent of the tariffs, and which commodities are they going to...
Markets already factor in USDA data, attention turns to tariffs
Brownfield Ag NewsMon Mar 31, 1:32PM CDT
USDA is expecting U.S. farmers to plant more corn, fewer soybeans and wheat this year. However, Naomi Blohm with Total Farm Marketing says there’s still time for last minute changes as planting season picks up. “Could some of those corn acres go back into spring wheat or potentially oats, barley...
Marketing advisor concerned about new soybean crush plants
Brownfield Ag NewsTue Jan 28, 11:56AM CST
A marketing advisor has concerns about the future of new and expanded soybean crushing facilities. John Heinberg with Total Farm Marketing tells Brownfield demand for soybean oil to make renewable biodiesel has struggled. “Right now, the picture is very cloudy in terms of the biofuels side. You know first off,...
Market advisor expects little change in crop plans
Brownfield Ag NewsMon Jan 27, 12:12PM CST
A marketing advisor says he is not expecting any big changes in crop plans this spring. John Heinberg with Total Farm Marketing tells Brownfield farmers are not looking at shifting from soybeans to corn, at least not yet. “I haven’t heard a whole lot of people cutting back. I have...
Many producers taking advantage of market rally
Brownfield Ag NewsThu Jan 23, 3:24PM CST
A marketing expert says many producers have been taking advantage of a recent rally. John Heinberg with Total Farm Marketing says USDA’s January supply and demand report triggered many corn and soybean sales. “Bringing that corn carry-out down to 1.54 billion bushels, that was a big chop, and that was...
Improving demand supports dairy market outlook
Brownfield Ag NewsWed Jan 8, 10:04AM CST
An uptick in demand is supporting dairy markets. Naomi Blohm with Total Farm Marketing says an increase in milk production weighed on futures prices toward the end of 2024. “But now just in the past few weeks here we’ve seen better demand for domestic markets in the U.S., we’ve seen...
Supply overshadows demand
Brownfield Ag NewsMon Jan 6, 6:04AM CST
A market analyst sees a surplus of corn and soybeans overshadowing a year of strong demand. Naomi Blohm, senior market advisor with Total Farm Marketing, tells Brownfield huge global inventories weigh heavily on grain markets. The post Supply overshadows demand appeared first on Brownfield Ag News.
Not much friendly market news to ring in 2025
Brownfield Ag NewsMon Dec 30, 2024
A market analyst suggests there’s not much friendly news for corn and soybean prices to begin 2025. Naomi Blohm with Total Farm Marketing says demand has been a bright spot. “That’s about it for now because we have no weather story to talk about. We would need a dramatic shift...
Grain surplus overshadows year of strong demand
Brownfield Ag NewsThu Dec 19, 2024
A market analyst sees a surplus of corn and soybeans overshadowing a year of strong demand. Naomi Blohm is senior market advisor with Total Farm Marketing. “The theme has been bigger production, bigger supply. Demand of course has been fantastic, but we have not had any serious weather threats.” She...
Export sales are up, but why?
Brownfield Ag NewsWed Nov 6, 2024
U.S. corn and soybeans have been competitively priced on the global market and a grains analyst says that’s one reason there’s been an uptick in sales. Bryan Doherty is with Total Farm Marketing. “Importing countries in late winter or spring and even in summer were buying only as needed because...