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Gary's Blog 09/22/26 12:40:45 PM
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9-21-26
Harvest Progress
TW LW
Corn 13% 8%
Beans 12% 6%
9-22-26
Grains are choppy heading into the close with only soybeans showing a little bit of willingness to trade into the green. Lack of harvest progress and the big US/China talks are just a few days away have traders sitting on the sidelines for now. The Sept stocks report will be released next Wednesday. The weather looks like it will shape up once we get past Wednesday with a nice long dry stretch ahead. Harvest delays have kept old crop premiums around as end users look to bridge the old/new gap. Harvest is right around the corner please watch the website for updated hours.
9-21-26
Market bulls came out in full force today with all 3 grains posting solid gains. Extremely wet conditions have caused harvest delays across the Midwest the past few days. Early yields have been disappointing for most. The big news story this week will be the US/China meeting on Thursday. Bulls are hopeful this will solidify the 25mmt soybean and 17 billion in other Ag goods deals. If for some reason this meeting would get cancelled/delayed the market would be vulnerable to a step sell-off.
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