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Gary's Blog 04/15/26 2:18:45 PM
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4-13-26 Planting progress %
TW LW OH
Corn 5 3 1
Beans 6 N/A 1
4-15-26
Corn and beans rebounded sharply today on what some are saying “planting delays.” Maybe that’s just the excuse because it feels far too early to be talking delays in mid-April. Field work locally has been halted with the recent rain showers but there were a few producers able to get some seed in the ground. Basis is slowly improving but cash pipelines are still full from the recent rally.
4-14-26
Planting progress numbers are ahead of schedule with soybeans coming in at 6% while corn was at 5%. This has changed over the past few years with producers now seeding soybeans first in most instances. War premiums are being extracted again in the energy sector as traders are hopeful for peace talks. Wheat is showing strength as crop conditions worsen out west. US weather is now front and center. Funds will be cautious with their large net long position.
4-13-26
Despite rising energy prices, the summer row crops came under pressure after spending the night in the green. Liquidation hit the soybean market hard, sending futures 13 cents lower. Funds are holding a sizable net long position making these types of days possible. Wheat was only one who managed to close higher as the HRW crop is hurting. TX, OK, & W. KS farmers are vocal on just “how bad” it is saying some fields won’t even be harvested. Forecasts don’t look favorable either for that part of the country. Those in the S Midwest are rolling along with Illinois/Indiana scoring some nice progress over the past few days. Look for updated planting numbers every Monday night after 4pm.
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