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Morning Market Review for April 26, 2021

scyther5/Thinkstock Corn, wheat start the week on a bullish note. (Comments are updated by 7:30 a.m. Central Time.) Chinese demand and weather woes continue to fuel rallies Corn up 7-15 cents Wheat up 14-18 cents Corn Corn prices are on a tear again this week, with dry weather in Brazil and planting delays in the U.S. raising concerns about global supplies in the overnight trading session. Old crop prices rose $0.13-$0.15/bushel on steady demand from China, while new c...
United States North Carolina Northern Plains India General Kyle Stackhouse Naomi Blohm

Supplies tighten as equipment sales increase

Grant Thompson โ€œItโ€™s a risk if you arenโ€™t able to properly inspect a piece of equipment and get a good sense of how it runs,โ€ says Kyle Stackhouse. Pandemic forces more farm machinery shopping to go online. The prices so many farmers have been patiently waiting for have finally arrived. Soybeans are back in the teens, corn is near $5 per bushel, and wheat has eclipsed the $6 benchmark. With better-than-expected profits in hand, some hard decisions must be made...
United States Kyle Stackhouse Jason Scott Association Of Equipment Manufacturers Equipment Manufacturers Curt Blades

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