It is hard to believe that September is less than a month away, quickly bringing the crop year to a close. With harvest not that far out, ag economists say it is time to take action on old crop supplies.
“We have to start thinking about selling the carry at harvest. We’ve got big carries in the corn market, big carries in the wheat market, and even big carries showing up in the soybean market. You know, the carry from November to July, the November contract, good grief, where is it? About $9.9 somewhere there today. 9.9 a bushel from November. It’s $0.60-plus higher out to July. That’ll cover your interest costs easily and throw something else in there,” said Ed Usset, with the University of Minnesota.
Usset looks back to earlier this year, saying February was likely the last rally for America’s staple crops, saying the typical spring or summer rally just never arrived.
USDA’s Quarterly Grain Stocks report shows increased supplies across all major commodities, with corn, soybeans, and wheat stocks all rising compared to a year ago. Lewis Williamson with HTS Commodities discusses producer and market sentiment ahead of the key report.
March 31, 2026 12:17 PM
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Acre shifts reflect margins, costs, and market opportunities.
March 31, 2026 12:15 PM
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Dry conditions remain a concern as Texas farmers prepare for another planting season.
March 31, 2026 11:50 AM
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Lower shipping costs alone will not restore export competitiveness.
March 31, 2026 08:00 AM
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Rising fuel costs will soon increase grain transportation expenses.
March 31, 2026 06:00 AM
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The USDA’s upcoming reports will drop on Tuesday afternoon, giving the trade real results on acreage shifts, drought concerns, and ongoing trade tensions, adding uncertainty for U.S. farmers.
March 30, 2026 01:59 PM
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