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1 week ago | 
ocj.com | Doug Tenney |Leist Mercantile |Dusty Sonnenberg
By Doug Tenney, Leist MercantileEditor’s note: This story was written prior to the June 9 crop progress report. National totals for corn as of June 9 were 97% planted, in line with the five-year average. Ohio corn as of June 9 was 89% planted, slightly behind the five-year average of 94%. See the full report here. Last month, while on an out-of-state vacation, I had a conversation with two ladies in the hotel elevator as they returned from a Sunday church lunch.
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2 months ago | 
ocj.com | Jon Scheve |Doug Tenney
By Jon ScheveNational yields are always highly debated within the trade from when they are first published in the May USDA WASDE report until they are nearly finalized in the January report. It makes sense, because yields are the biggest driver of supply and the quickest way for prices to rally. Each year, the USDA publishes a trend line yield that seems too high for some market participants. Often, it’s because the yield estimate requires a new record or a tying of a previous record yield.
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2 months ago | 
ocj.com | Doug Tenney |Leist Mercantile |Jon Scheve
By Doug Tenney, Leist MercantileFor months I have been trying to find Belle-View pickles. They have a sweet chip which pairs splendidly with ham salad. No luck in my local stores. I even braved the throngs at Walmart. Growing frustration increased. I asked friends if they were familiar with that brand.
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Mar 11, 2025 | 
ocj.com | Jon Scheve |Doug Tenney
Market Analysis, Top Headlines By Jon Scheve, Superior Feed Ingredients, LLCMay corn started last week down 15 cents, likely due to the tariffs being implemented on the U.S.’s 3 largest trading partners. Friday values rallied on the news that tariffs on Mexico would be lifted for at least a month. This helped May corn finished the week where it closed out last week, but that is still down almost 50 cents from last month.
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Mar 11, 2025 | 
ocj.com | Doug Tenney |Leist Mercantile |Jon Scheve
Market Analysis, Top Headlines By Doug Tenney, Leist MercantileNeutral is negative as it lacks bullish news. No changes in U.S. corn or soybean demand. Ethanol and corn exports unchanged. Soybean crush and exports unchanged. U.S. wheat exports cut 15 million bushels. Traders were looking for corn used for ethanol to increase at least 10 million bushels. Last month USDA pegged that number at 5.5 billion bushels. In addition, U.S. corn exports could also increase 10 million bushels.
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Mar 4, 2025 | 
ocj.com | Jon Scheve |Doug Tenney |Leist Mercantile
Market Analysis, Top Headlines By Jon Scheve, Superior Feed Ingredients, LLCIn 8 trading sessions, the corn market has lost nearly 50 cents per bushel. May corn is now trading similar levels to right before the January USDA report was published. After the January report, basis weakened throughout the U.S., while the March/May futures spread widened. These are common signs of an upcoming futures value correction, which is what ultimately happened.
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Feb 18, 2025 | 
ocj.com | Jon Scheve |Doug Tenney
Market Analysis, Top Headlines By Jon Scheve, Superior Feed Ingredients, LLCThe February USDA report was published, and like usual, it didn’t impact the market much. For the last 18 trading sessions, corn has finished in a tight $4.80 to $5 trading range. What are some variables that could cause the market to move out of that tight range? WeatherArgentina has been experiencing hot and dry weather with limited precipitation during the critical growth stage of their corn crop.
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Jan 10, 2025 | 
ocj.com | Doug Tenney |Leist Mercantile |Dan Armitage
By Doug Tenney, Leist MercantileBig changes in U.S. corn production down 275 million bushels as yield down 3.8 bushels. U.S. soybean production down 95 million bushels as yield down 1 bushel. Big USDA report today. Final 2024 U.S. corn and soybean production and yields, quarterly U.S. grain stocks, and U.S. winter wheat acres will all be part of the noon report.
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Jan 8, 2025 | 
ocj.com | Doug Tenney |Leist Mercantile
By Doug Tenney, Leist MercantileLate last fall I had just come home from an afternoon bike ride with friends which took us to Tar Hollow State Forest, located in Hocking, Ross, and Vinton counties. It was dark and rains would follow the next day two days. The yard needed one final mow and for leaves to be mulched. I did what seemed logical at the time. Soon I was grabbing a headlamp which strapped to my forehead. I wasted no time mowing my entire yard and still it was dark.
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Dec 10, 2024 | 
ocj.com | Doug Tenney
Livestock, Top Headlines The U.S. Department of Agriculture’s (USDA) Animal and Plant Health Inspection Service (APHIS) announced the start of its National Milk Testing Strategy (NMTS), which builds on measures taken by USDA and federal and state partners since the outbreak of highly pathogenic avian influenza (HPAI) H5N1 in dairy cattle was first detected in March 2024.
