Promising Hiccups
Grain markets see-sawed towards the end of July (and the 2023/24 crop year) as a small rally gave way to profit-taking last week in the complex.
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.
Contact Brennan with your market questions!
If you would like to be notified when a new article is posted, please click on the subscribe button below.
Subscribe to Market InsiderGrain markets see-sawed towards the end of July (and the 2023/24 crop year) as a small rally gave way to profit-taking last week in the complex.
Grain markets continued to see selling through the middle of July as good growing conditions and higher yield expectations are driving values lower. The USDA’s July WASDE surprised the market with lower-than-expected e…
We continued to see heavy selling in the grain markets in the second half of June to amount to the worst monthly performance for the complex in two years.
Grain markets continue their seasonal slide through the middle of June as weather premiums are fading on the anchor of a relatively good start to Plant 2024, and thereby, optimism for the yield monitor in a few months ti…
As we flip the calendar to June, grain markets saw profit-taking to finish the month after the complex rallied for a few weeks on weather-related production concerns in North America, South America, and Europe.
With trading in the U.S. still going, grain markets re-ignited some bullish sentiment on the Canadian May long weekend Monday to revisit multi-month highs seen just two weeks ago.