The Fed dropped interest rates 25 bps, now 100 bps or 1% from the high, but future decisions are less clear. The fed guided to 2 net reductions in 2025 increasingly cautious for next year, but notable players like Apollo Management are now internally guiding to net rate INCREASES next year. The Fed's next meeting will be on January 29th, 2025, where only 11% of market participants are expecting…

looking for a investor that is looking at buying 1000 acres that would buy the land and I would lease it at far market value in Texas. The land has 120 acres irrigation and the rest is dry land and grass perfect to run multiple head of cows and grow cotton.

The USDA returned a report that was mostly uneventful, less eventful than trade was expecting, with markets underwater at midday.…

Today’s trade saw solid gains across corn, soybeans, and wheat, with soybeans and Chicago wheat leading the charge. Key technical levels were approached in both corn and soybeans, while wheat markets continued to be influenced by weather issues in Russia.…

How do find investors to buy farmland in central Illinois? I would be willing to pay top dollar rent or shares if preferred. Currently own a small farm in shelby co. And I'm looking for ways to expand a little.

The USDA’s September 2024 World Agricultural Supply and Demand Estimates (WASDE) saw a mix of slight surprises for Corn, but was mostly as expected for soybeans and wheat. Corn yields surpassed market expectations, while soybeans and wheat held steady, aligning with trade forecasts.…

The Drought Monitor jumped sharply this past week. I've included the 1 week, 2 week, and 4 week change maps, demonstrating the rapid dessication in the Ohio River Valley, but also broadly across Illinois, Missouri, Iowa, and Nebraska.…

As North American producers prepare to harvest what’s projected to be a bin busting crop, South American producers are praying for rain as their planting season rapidly approaches. Unfortunately, South American agricultural regions are bracing for an intensification of already historic drought conditions as the climate system shifts toward La Niña, which is now likely to develop during the…

August 22, 2024…

A customer recently asked me what Illinois' highest yield was before the USDA projected Illinois' yield at 225 bushels per acre in the August WASDE data release. That question got me thinking about Illinois’ trendline, and I wanted to share what I found.…

Beans are almost a quarter lower as a combination of factors increased carryouts sharply. Corn rose $.05 following the report as of 12:00 Central time, on increasing use overshadowing a 2.1 bu/ac increase in the yield.…

The USDA will update their Supply and Demand worksheets for August on Monday at 11 AM.…

The University of Nebraska's latest Drought Monitor reveals a significant increase in abnormally dry areas in states like Iowa, Illinois, and Indiana. Iowa experienced a sharp rise in abnormally dry conditions from 16.35% to 30.83%, indicating a substantial spread of dryness. Similarly, Illinois and Indiana saw increases in abnormally dry areas, with Illinois rising from 14.21% to 43.90% and…

Before the Bell Summary 6/30…