Setting the Tone for 2023’s Final Weeks
Grain markets found a higher close to reach the midway point of October as the USDA’s mostly bullish WASDE report released Thursday finally provided a catalyst from what many hope are the bottoms.
Brennan Turner previously founded Combyne Ag, a grain accounting and crop marketing hub built to help producers make more informed decisions while on the go, via digitizing and unifying inventory, contracts, load tickets and settlements into a single app. He holds a degree in economics from Yale University and spent time on Wall Street in commodity trade and analysis before starting Combyne. In 2017, Brennan was named to Fast Company’s List of Most Creative People in Business and, in 2018, a Henry Crown Fellow as part of the Aspen Institute. He is originally from Foam Lake, Saskatchewan where his family started farming the land nearly 100 years ago (and still does to this day on more than 80,000 acres!). Brennan’s comments on grain markets are regularly featured in everything from small-town newspapers to large media outlets like CNBC and Bloomberg.
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Subscribe to Market InsiderGrain markets found a higher close to reach the midway point of October as the USDA’s mostly bullish WASDE report released Thursday finally provided a catalyst from what many hope are the bottoms.
Grain markets made it into the Canadian Thanksgiving long weekend with increased momentum as half the screen was green for the week, but Friday profit-taking and the forecast for good harvest weather in the U.S limited f…
Grain markets tumbled lower to finish September thanks to warm weather adding to harvest pressure. This shift was the result of near-record low Mississippi water levels, larger stocks and production than anticipated, the…
Grain markets headed into the last week of September with ongoing harvest pressures as the complex tries to find its seasonal bottom, accelerated by a broader market sell-off.
Grain markets were mixed through the middle of September as the complex took mostly bearish news from this month’s WASDE report in stride, but wheat won the week on reduced global supplies suggested by the USDA.
Grain markets were mixed in the September long weekend-holiday shortened trading week, with weather, harvest pressures, and logistical concerns – both domestically and internationally – driving the complex.