What’s HOT
HOT Topic
Last week I sat down with Top Producer editor Margy Eckelkamp to discuss the wild ride in commodity markets. Click HERE for the full update.
Considering attending Top Producer Summit in Kansas City? Join me Wednesday morning (Feb 19) as I put change in perspective with ‘Change is the only constant, but it doesn’t have to be a threat’.
Click HERE for more information or to register. Use code SPEAKERGUEST25 to save $135.
HOT Mic
If you aren’t tired of me yet, I did a couple radio spots earlier this week that are worth a listen.
« Farm Week Now’s RFD Profit Watch with DeLoss Jahnke
« AgriTalk PM with guest host, Ted Seifried
HOT Damn!
Year-to-date, the Brazilian real is up 6.5% versus the US dollar - a dramatic turnaround from its 22% losses during calendar year 2024.
Year-to-date, March beans have GAINED (I almost forgot how to spell that word) 47 cents in dollars but lost the equivalent of 22 cents in BRL.
Reminder: front-month CBOT bean futures lost $3.20 in calendar year 2024, but only gave up the equivalent of 45 cents in BRL.
Every U.S. producer right now:
HOT Weather
Argentine weather forecasts continue to put a bid in the corn market, pushing March futures to 8-month highs:
I will get into the fundamentals more this weekend, but here is why South American weather has the market on edge:
« The United States, Brazil, Argentina, and Ukraine combined account for 88% of world corn exports
Keep reading with a 7-day free trial
Subscribe to No Bull to keep reading this post and get 7 days of free access to the full post archives.