Bare Knuckles Ag ™

Latest Posts

Why 2019-20 Could Unfold Like a Re-run of 1993-94 Bull Market in Corn

Pre-report trade estimates for corn in USDA’s ACREAGE report on Friday average just 86.7 million acres, down a whopping 6.1 million from March intentions and more than double the 3 million acre cut USDA already made in its June WASDE….
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USDA’s June WASDE Corn Price Forecast too S-T-I-N-G-Y by Historical Standards

Initially, the trade reaction to USDA’s June 11 WASDE balance sheet for corn was price friendly. Traders were surprised USDA cut the planted acreage estimate by 3 million from March Prospective Plantings this soon; not even waiting to see the…
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Friday WASDE hints trade spat “hangover”

Friday WASDE hints trade spat “hangover” to cost soy producers .68/bu. on 2019 crop. It was mostly a grim picture for the corn, wheat and soybean outlook in USDA’s first look at the supply/demand balance sheets for 2019 crops in…
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Fate of 2019 “ghost acres” ?

Fate of 4 million “ghost acres” mysteriously missing from March Prospective Plantings Report Amid all the post-report hoopla regarding unexpectedly high planting intentions for corn, the bigger than expected drop in planned soybeans and the lowest wheat acreage since USDA…
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Here is what China’s “bait” for a trade deal could be worth to soybean farmers

The ongoing trade spat with China has soybean prices in a coma. They have dangled tempting “bait” for a deal with a promise to buy 5 million tons of U.S. beans if resolution on trade can be reached. What would…
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Farm Safety is No Accident! How some set a standard while others add to statistics.

Statistically, farming has long been among the top 10 most hazardous occupations in the country in terms of workplace-related illness, injuries and even fatalities. In fact, research I did for a recent presentation on this topic for farmers attending a…
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Why Trump Won’t Back Down on Trade Sanctions with China

Farmers are still looking at prices substantially lower than they would otherwise be if China hadn’t responded to the President’s tariffs where they knew it would hurt him most, politically: Imports of farm goods; especially soybeans. But by responding with…
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