Brooks Schaffer

This is the SFN Market Report with Brooks Schaffer of Palmetto Grain. Reach him at [email protected] or 843-540-4540. On Friday, USDA gave us their latest supply and demand estimates. The September report is the first one that includes actual, objective measurements from the field to estimate yield. They field sample to get actual ear and […]

This is the SFN Market Report with Brooks Schaffer of Palmetto Grain. Reach him at [email protected] or 843-540-4540. We continue to trade through the doldrums in the grain and oilseed markets. The trade volume in corn on Tuesday this week was the lowest since December 2023. We are coming to the end of the growing […]

This is the SFN Market Report with Brooks Schaffer of Palmetto Grain. Reach him at [email protected] or 843-540-4540. Corn battled back to close strong on Friday and almost got back to unchanged on the week. Beans were not able to overcome the selling and finished last week down 27 cents. Lack of Chinese purchases of […]

This is the SFN Market Report with Brooks Schaffer of Palmetto Grain. Reach him at [email protected] or 843-540-4540. Corn continues to find strength and work its way slowly higher. Most traders feel the crop size is going to come down from USDA’s lofty 188.8 bushel yield estimate on the August report. Since that report, field […]

This is the SFN Market Report with Brooks Schaffer of Palmetto Grain. Reach him at [email protected] or 843-540-4540. Late August is often called the doldrums in the grain market. The bulk of the growing season is now behind us, so weather forecasts are not as closely watched — but it will still be a while […]

This is the SFN Market Report with Brooks Schaffer of Palmetto Grain. Reach him at [email protected] or 843-540-4540. After the close on Friday, we got the final national estimates from Pro Farmer following the conclusion of their crop tour. Throughout the week, the tour found good pod counts in soybeans and good ear weights and […]

This is the SFN Market Report with Brooks Schaffer of Palmetto Grain. Reach him at [email protected] or 843-540-4540. USDA’s report on Tuesday gave us one of the biggest surprises of the year. Not only was USDA corn yield above even the very highest yield guesses, they also added 2.5 million acres of corn to the […]

This is the SFN Market Report with Brooks Schaffer of Palmetto Grain. Reach him at [email protected] or 843-540-4540. Soybeans led the way higher on Monday after Trump tweeted that China needs to buy some soybeans from the U.S. We do not have a sale that we know of yet. A tweet is all that it […]

This week has been more of the same in the grain markets. No bullish surprises to turn the market so good weather and talk of big crops continues to put pressure on the market. Additionally the lack of Chinese purchases of new crop soybeans is giving increasing concern to the bean market. China has been […]

This is the SFN Market Report with Brooks Schaffer of Palmetto Grain. Reach him at [email protected] or 843-540-4540. The Administration said that August 1st is the final deadline for trade deals. They promise there will not be another extension of tariff relief. And they really mean it this time. Over the weekend Trump announced a […]