YOUR TRUSTED AGRICULTURE SOURCE IN THE CAROLINAS SINCE 1974

Brooks Schaffer Market Report for Friday February 14

Brooks Schaffer Market Report for Friday February 14

Feb 14, 2025 | 2:56am
This is the SFN Market Report with Brooks Schaffer of Palmetto Grain. Reach him at [email protected] or 843-540-4540. My catch phrase for the month of February may be the roller coaster continues in the grain markets. The markets are trading South American weather and weather markets are notoriously volatile. On top of that you throw […]
WASDE Offers No Real Surprises in February Report

WASDE Offers No Real Surprises in February Report

Feb 11, 2025 | 3:49pm
As was expected, Tuesday’s WASDE report, the World Ag Supply and Demand Estimates, did not present a lot of changes. Brooks Shaffer, market advisor with Palmetto Grain in Ridgeland, South Carolina, says USDA played it safe with this report. “They do not make changes on the supply side. But there have we were ahead of […]
Brooks Schaffer Market Report for Tuesday February 11

Brooks Schaffer Market Report for Tuesday February 11

Feb 11, 2025 | 3:33am
This is the SFN Market Report with Brooks Schaffer of Palmetto Grain. Reach him at [email protected] or 843-540-4540. Grain and oilseed markets continue to trade mostly weather and closely follow geopolitics for direction. Weather model runs for South America show hints at improvement for crop development. It is trending dryer in Brazil where they need […]
Brooks Schaffer Market Report for Friday February 7

Brooks Schaffer Market Report for Friday February 7

Feb 7, 2025 | 3:16am
This is the SFN Market Report with Brooks Schaffer of Palmetto Grain. Reach him at [email protected] or 843-540-4540. The roller coaster continues in the grain markets. We have a weather market in South America on top of more geopolitical risk than we have had in several years. Market participants are combing through all the headlines […]
Brooks Schaffer Market Report for Tuesday February 4

Brooks Schaffer Market Report for Tuesday February 4

Feb 4, 2025 | 12:28am
This is the SFN Market Report with Brooks Schaffer of Palmetto Grain. Reach him at [email protected] or 843-540-4540. If you feel like you have whiplash from watching the markets, you are not the only one. Last week we saw strength in the corn and beans from dryness in Argentina and too much rain in center […]
Brooks Schaffer Market Report for Friday January 17

Brooks Schaffer Market Report for Friday January 17

Jan 17, 2025 | 3:30am
This is the SFN Market Report with Brooks Schaffer of Palmetto Grain. Reach him at [email protected] or 843-540-4540. Corn and soybeans were able to find follow through strength for most of the week until Thursday. On Thursday, weakness in the soybeans was a drag on everything. There has not been a noticeable shift in the […]
Brooks Schaffer Market Report for Tuesday January 14

Brooks Schaffer Market Report for Tuesday January 14

Jan 14, 2025 | 3:31am
This is the SFN Market Report with Brooks Schaffer of Palmetto Grain. Reach him at [email protected] or 843-540-4540. Friday’s USDA report was a real bullish surprise for corn and soybeans. The adjustments from November 2024 to January 2025 were the second largest in history for both corn and soybeans. There are a lot of questions […]
USDA Provides Farmers with a ‘Gift’ in Friday’s Reports

USDA Provides Farmers with a ‘Gift’ in Friday’s Reports

Jan 10, 2025 | 2:58pm
Friday’s combined World Agricultural Supply and Demand Estimates report along with its final Crop Production estimates for 2024 provided some surprises for corn and soybeans Brooks Schaffer is a market analyst with Pinnacle Marketing in Ridgeland, South Carolina. “I think the lower end of the range on corn yield we were thinking we were, you […]
Brooks Schaffer Market Report for Tuesday January 7

Brooks Schaffer Market Report for Tuesday January 7

Jan 7, 2025 | 5:21am
This is the SFN Market Report with Brooks Schaffer of Palmetto Grain. Reach him at [email protected] or 843-540-4540. Last week would have been a lot more constructive in the grain and oilseed markets if we had not had friday. We saw a washout in almost everything Friday and although we still managed to have some […]
Brooks Schaffer Market Report for Friday January 3

Brooks Schaffer Market Report for Friday January 3

Jan 3, 2025 | 4:01am
This is the SFN Market Report with Brooks Schaffer of Palmetto Grain. Reach him at [email protected] or 843-540-4540. Looks like the bulls had Christmas and New Year’s in the grain and oilseed markets. Corn finally managed to break through the resistance and trade back to levels we have not seen since June. March corn closed […]