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FarmLink Marketing Expects A Bumper Harvest On The Prairies

Grain Marketing Advisors with FarmLink Marketing Solutions did their annual crop tour at the end of July. 
 
Chief Market Analyst Neil Townsend says based on the crop at that time, farmers are expected to bring in another bumper crop this year.
 
Townsend says as a result some farmers are facing challenges as they try to line up more bin space.
 
For the most part crops are looking good despite some disease issues, however crop development in many areas is still a couple of weeks behind normal.
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Increased Geo Political Tensions = SELL AMERICA TRADE + Argentina Dry

Video: Increased Geo Political Tensions = SELL AMERICA TRADE + Argentina Dry


Higher geo-politics from Trump wanting to annex Greenlland to conflict with Iran has caused investors to sell everything America. With Matto Grosso Brazil 7% harvested weather has turned wet as harvest progresses but Argentina has turned dry! Both soybean and wheat futures have traded back above the pre-USDA January crop report close a positive technical chart signal. A monster weekly U.S. export report is price supportive but a kick the can down the road on E15 is very disappointing.