YOUR TRUSTED AGRICULTURE SOURCE IN THE CAROLINAS SINCE 1974

Brooks Schaffer Market Report for Tuesday November 19

Nov 19, 2024 | 1:40am
This is the SFN Market Report with Brooks Schaffer of Palmetto Grain. Reach him at [email protected] or 843-540-4540. This is the last full week before Thanksgiving’s shortened week, and volume has already been noticeably lower. Coming on the shortened week next week, we have first notice day on the December contracts. Grain and oilseeds finished […]

Brooks Schaffer Market Report for Friday November 15

Nov 14, 2024 | 9:17pm
This is the SFN Market Report with Brooks Schaffer of Palmetto Grain. Reach him at [email protected] or 843-540-4540. Market trade this week has been decidedly bearish so far. Hoping for a Friday to change the trend. Corn and beans both hit resistance levels and could not break through and have both seen a pullback with […]

Brooks Schaffer Market Report for Tuesday November 12

Nov 11, 2024 | 7:54pm
This is the SFN Market Report with Brooks Schaffer of Palmetto Grain. Reach him at [email protected] or 843-540-4540. You would not have guessed it from the close on Friday or Monday, but the USDA report Friday was very friendly for beans and also friendly for corn. USDA dropped soybean yield by a whopping 1.4 bushels. […]

Brooks Schaffer Market Report for Friday November 8

Nov 8, 2024 | 3:23am
This is the SFN Market Report with Brooks Schaffer of Palmetto Grain. Reach him at [email protected] or 843-540-4540. Election day is behind us and the outcome is not in question. That is a weight off the market right now. The markets have not started pricing in policies of the new administration yet because frankly, we […]

Brooks Schaffer Market Report for Tuesday November 5

Nov 5, 2024 | 2:53am
This is the SFN Market Report with Brooks Schaffer of Palmetto Grain. Reach him at [email protected] or 843-540-4540. Today is Election Day. The hope from the market’s perspective in the short term is that we know who the winner is. There have been so many promises made by both sides that we do not know […]

Brooks Schaffer Market Report for Tuesday October 29

Oct 29, 2024 | 5:19am
This is the SFN Market Report with Brooks Schaffer of Palmetto Grain. Reach him at [email protected] or 843-540-4540. Friday’s trade has fit the pattern of the last few weeks where we saw a lot of pre-hedge pressure come into the market before the weekend. Harvest continues on a blistering pace. On Monday, USDA reported corn […]

Brooks Schaffer Market Report for Friday October 25

Oct 25, 2024 | 4:52am
This is the SFN Market Report with Brooks Schaffer of Palmetto Grain. Reach him at [email protected] or 843-540-4540. Monsoon season in Brazil has now started in earnest with virtually all the major growing regions receiving another 2 to 3 inches of rain this week. Everyone down there is planting as fast as they can to […]

Brooks Schaffer Market Report for Tuesday October 22

Oct 21, 2024 | 9:11pm
This is the SFN Market Report with Brooks Schaffer of Palmetto Grain. Reach him at [email protected] or 843-540-4540. In response to an incident that was dubbed the Great Russian Grain Robbery in the early 1970s, the USDA developed reporting requirements and releases to make the exports transparent to the market. Everytime anyone in the US […]

Brooks Schaffer Market Report for Friday October 18

Oct 18, 2024 | 4:45am
This is the SFN Market Report with Brooks Schaffer of Palmetto Grain. Reach him at [email protected] or 843-540-4540. I have mentioned previously I was surprised at how well soybeans had held on despite the forecast for rain in Brazil which should get the crop planted and up. I guess I spoke too soon as it […]

Brooks Schaffer Market Report for Tuesday October 15

Oct 15, 2024 | 3:27am
This is the SFN Market Report with Brooks Schaffer of Palmetto Grain. Reach him at [email protected] or 843-540-4540. We got USDA’s latest supply and demand estimates on Friday. The market only expected very minor adjustments and that is what USDA delivered. USDA pegged corn carryout just barely below the psychologically important 2 billion bushel level […]