Grain Elevator Outlook News Today

Grain Elevators Capitalize on Price Rally, Potential Volatility Ahead with Inverted Futures Prices Grain Elevators Capitalize on Price Rally, Potential Volatility Ahead with Inverted Futures Prices DENVER, Dec. 15, 2020 — An explosive counter-seasonal rally in grain prices that continued through early December has dramatically changed the complexion of the 2020-21 grain marketing season. The largely unexpected rally that began in August enabled U.S. grain elevators to capture strong margins o...

The year is concluding much different than expected for U.S. grain elevators as prices rally in fall. Dec 15, 2020 The largely unexpected grain price rally that began in August enabled U.S. grain elevators to capture strong margins on stored crop, as well as on new crop which they bought and resold into a rising market. Having already accelerated merchandising, elevator activities will be limited over the next three months until the market has greater visibility to U.S. planting intention...