The grain industry has recently seen things that it has not seen before and has left farmers feeling uncertain and unsure of what to do.  Even the top grain experts are scratching their heads.

In this episode, our host, Ashley Kaldenberg, is joined by Landus grain merchandiser, Jim Engler to uncover what all of the movement and volatility means for farmers.  They’ll discuss the recent WASDE report, look at the current trade inverse, address the Ukraine/Russia impact, and what we might expect with the upcoming acreage report.

We are working with Zen-Noh Grain with the spring acreage report.  If you are interested, please click here to provide your input.

The GROW Podcast grain episodes will look at high-level themes, but we know that the market moves quickly.  If you are interested in daily updates and commentary from Landus, sign up at: https://www.landuscooperative.com/connect/subscriptions

INTRODUCING:  GROW From the Ground Up, a podcast from the Landus GROW Solutions Center.  We know that farmers and industry professionals are inundated with information.  As your cooperative, it is our responsibility to help evaluate the inbound and provide sound advice and recommendations.  This podcast is just one more way to reach our farmers with that goal in mind.

Each month we’ll bring listeners two timely episodes that are fully authentic, candid, and a little bit of fun, one targeted to the grain market and the other related to all things agronomy.  We know your time is valuable. Our Landus thought-leaders and guest experts will cut through the fluff and get right down to what is important!

To learn more about GROW From the Ground Up, the GROW Solutions Center, or Landus visit www.landuscooperative.com or call (515) 800-GROW.

The entire soy complex closed above psychological levels to end the week. Corn also had a decent week.

Even though the USDA didn’t give us much bullish news, there are still some items to consider this week.

This week, soybean futures attempted to push through the $12 barrier, but failed. Subsequent trading move us significantly lower. Our discussion includes other factors impacting corn and soybean values this week. 

Even with a holiday-shortened week, there are still items to discuss. Also, an update on Tom’s challenge from our May 1st episode, including his debut performance on the piano.

You can refer back to the May 1st "Tom's Take" piano challenge here: https://www.podbean.com/eu/pb-ejyek-db191b

Despite new measures being put in place across the country, grain markets rallied again this week.

On Tuesday, the USDA reduced ending stocks for both corn and soybeans. This led to some significantly higher prices for both.

While we continue to wait for final election results, NEXT Tuesday’s WASDE may have more of an impact on grain prices.

Even though corn and soybeans dropped more than 20 cents this week, we have many reasons to be optimistic as this week comes to a close.