Brooks Schaffer

This is the Market Report with Brooks Schaffer of Palmetto Grain. Reach him at [email protected] or 843-540-4540. Row crop markets finished last week strong and saw follow through buying to start off this week as well. USDA releases the commitment of traders report every Friday and we saw a bit of a surprise last week […]

This is the Market Report with Brooks Schaffer of Palmetto Grain. Reach him at [email protected] or 843-540-4540. There is not a lot new to talk about in the row crop markets right now. Brazil is finishing up their soybean harvest. They are expected to be past 90% by the end of the week. Basis is […]

This is the Market Report with Brooks Schaffer of Palmetto Grain. Reach him at [email protected] or 843-540-4540. Grain and oilseed markets are still struggling to maintain any direction for long as we continue to bounce within the same trading ranges. We saw strong closes across the board on Friday as metals, energies and grains were […]

This is the Market Report with Brooks Schaffer of Palmetto Grain. Reach him at [email protected] or 843-540-4540. USDA released the April WASDE report yesterday, Thursday April 11th at noon. The April report is not usually a big market mover and this was no exception. USDA does not release new crop balance sheets in April or […]

This is the Market Report with Brooks Schaffer of Palmetto Grain. Reach him at [email protected] or 843-540-4540. Grain and oilseed markets lacked any directional conviction to start the week. With no news to move the market, markets are just waiting for the USDA report that comes out this Thursday, April 11th at noon and past […]

This is the Market Report with Brooks Schaffer of Palmetto Grain. Reach him at [email protected] or 843-540-4540. Grain and oilseed markets cannot find much to get excited about this week so far. Corn actually traded back down to the lows posted right before the report. However, acreage from USDA last week should also help keep […]

This is the Market Report with Brooks Schaffer of Palmetto Grain. Reach him at [email protected] or 843-540-4540. Grain markets got the USDA Prospective Planting and Quarterly Stocks Report on Thursday then was closed on Friday for Easter. Markets opened back up Sunday night on the normal schedule for the week. Bulls should be very glad […]

This is the Market Report with Brooks Schaffer of Palmetto Grain. Reach him at [email protected] or 843-540-4540. Words cannot express how glad I am to have the USDA Prospective Planting and Quarterly Stocks Report behind us. To not get kicked in the shins by it is a really nice added bonus. This is one of […]

This is the Market Report with Brooks Schaffer of Palmetto Grain. Reach him at [email protected] or 843-540-4540. Markets are trading with a noticeably lower volume as we wait for the biggest report so far in 2024. The USDA Prospective Planting and Quarterly Stocks Report that comes out this Thursday at noon followed by no trade […]

This is the Market Report with Brooks Schaffer of Palmetto Grain. Reach him at [email protected] or 843-540-4540. Grain markets started the week off with Monday’s trade ending seeing wheat up double digits, corn close to unchanged and beans down around 10 cents. Soybeans started the session stronger with follow through buying from Friday’s NOPA domestic […]