Recent blog posts
- Cocoa Prices Hit 6 Week Lows
- Orange Juice Near New Highs
- Sugar Prices Hit 3 Year Lows--How Low Can Prices Fall?
- Cotton Prices Break Support
- Coffee Prices Hit 3 Year Lows
- Is Crude Oil Headed Lower?
- Where Are The Grains Headed?
- Where Are Gold & Silver Headed?
- Soybeans Hit 8 Month Highs--How High Can Prices Go?
- Talk To Mike Seery With Skype
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Grain Futures--- The grain market saw extreme volatility this week especially in the July soybeans which were up over $.50 yesterday hitting a high of 15.46 then reversing and settling unchanged settling today at 14.76 a bushel down 23 cents and has sold off 75 cents in 2 days and that tells me that there’s a possibility that this could be short term high.
Grain Futures--- The grain market rallied sharply this afternoon despite new highs in the U.S dollar continuing its bullish momentum in the July soybeans closing right on session highs once again up for the 5th consecutive trading session to close at 14.94 hitting 8 month highs all due the fact of extremely tight supplies and as I wrote in yesterday’s blog I have talked to many farmers and what they are telling me is that there’s very little ol
Start Farming Smarter
Grain Futures-- The grain market continues the same trading pattern as I’ve talked about lately and I sound like a broken record with July soybeans closing right at session highs once again while the other grain markets look very bearish to the downside.
Corn Planting Progress: 71% vs. 79% average and 95% last year. Tied the all-time record of 43% planted in one week from 1992.
Grain Futures--- The grain market continued their bearish trends early in the trading session except for July soybeans which was up another $.16 at 14.65 trading higher for the 3rd consecutive trading session as tight supplies are pushing the market higher at this point in time ,however the November contract which is considered the new crop which will be harvested this fall was down another $.4 at 12.24 and I remain bullish the July contra
Grain Futures--- The grain market was mixed today with soybeans in the July contract which I’ve talked about in previous blogs that there is the possibility of a short squeeze in the old crop soybeans due to the fact that carryover levels or supply are at extremely low levels and if you look at the May contract it exploded in its last several trading days settling around 15.30 also helping to push July soybeans up another $.15 today at 14.28 a bushe
Grain Futures--- The grain market was mixed this afternoon after yesterday’s crop planting report coming out showing what exactly what has been planted up to date and I will show those figures at the bottom of this blog as November soybeans were slightly higher today at 12.15 of bushel with the report basically stating what traders expected while many of the commodity markets were mixed, however the U.S dollar hit new contract high
What is the difference between old crop & new crop in agricultural commodities? When analysts and traders talk about agricultural commodities such as soybeans & corn the one thing they generally mention is old crop versus new crop and that might confuse some beginners on what exactly is the difference.

