Brooks Schaffer

This is the Market Report with Brooks Schaffer of Palmetto Grain. Reach him at [email protected] or 843-540-4540. USDA’s October supply and demand update came out yesterday at 12 noon. The October report is widely anticipated (and sometimes subject to surprises) because it includes harvest data on top of all the other estimating tools (surveys, satellite, […]

This is the Market Report with Brooks Schaffer of Palmetto Grain. Reach him at [email protected] or 843-540-4540. Markets continue to trade a fairly narrow range despite the turmoil in the outside markets and elsewhere in the world. We will get USDA’s latest update on supply and demand this Thursday at 12 noon. On Friday’s report I will […]

This is the Market Report with Brooks Schaffer of Palmetto Grain. Reach him at [email protected] or 843-540-4540. Markets have seemed to be treading water early in the week trading in fairly narrow trading ranges. The turmoil in the outside markets is having some effect on the grain trade but it is often offsetting in net effect. We […]

This is the Market Report with Brooks Schaffer of Palmetto Grain. Reach him at [email protected] or 843-540-4540. The September stocks report has a history of dealing the market surprises but despite what it seemed like after looking at the market closes on Friday, the stocks report did not hold any major surprises. Corn stocks came […]

This is the Market Report with Brooks Schaffer of Palmetto Grain. Reach him at [email protected] or 843-540-4540. Markets continue to tread water this week with nothing to push us out of the current trading ranges. Harvest continues at a rapid pace in the Midwest due to extremely dry soils. The rain that has fallen in […]

This is the Market Report with Brooks Schaffer of Palmetto Grain. Reach him at [email protected] or 843-540-4540. Corn and beans continue to trade range bound with nothing to push them into a new range so far. Harvest continues to pick up steam. Market will also look to the USDA stocks report coming out Friday Sept […]

This is the Market Report with Brooks Schaffer of Palmetto Grain. Reach him at [email protected] or 843-540-4540. Harvest pressure continues to weigh on the corn and bean markets. Even if the crop ends up being smaller than USDA’s last estimates as I believe it will, harvest is still going to put some pressure on the […]

This is the Market Report with Brooks Schaffer of Palmetto Grain. Reach him at [email protected] or 843-540-4540. Corn and soybeans have come under harvest pressure as harvest ramps up in the Midwest due to the premature end to the growing season. Early yield reports have been all over the board and overall inconclusive. USDA pegged […]

This is the Market Report with Brooks Schaffer of Palmetto Grain. Reach him at [email protected] or 843-540-4540. We got USDA’s updated supply and demand numbers on Tuesday, Sept 12th at noon and there were no major surprises. When we look at USDA numbers, we always have to look at them from the perspective of what […]

This is the Market Report with Brooks Schaffer of Palmetto Grain. Reach him at [email protected] or 843-540-4540. Grain markets have been trading in narrow ranges on very low volume waiting for USDA’s latest supply and demand update coming out today, Tuesday Sept 12th at noon. We have been watching all the private estimates released over […]