Brooks Schaffer

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 […]

This is the SFN Market Report with Brooks Schaffer of Palmetto Grain. Reach him at [email protected] or 843-540-4540. One of the joys of being a grain market analyst is I either have more to say than I can fit in the allotted time or there is almost nothing to say. This week has been the […]

This is the SFN Market Report with Brooks Schaffer of Palmetto Grain. Reach him at [email protected] or 843-540-4540. We did not see a lot of new news last week to move the needle. The weather was trending more threatening with a prolonged heatwave with unusually warm nights forecast for much of the central US. Most […]

This is the SFN Market Report with Brooks Schaffer of Palmetto Grain. Reach him at [email protected] or 843-540-4540. Corn has tried to keep the key reversal alive this week. Soybeans made a few runs at the $10 level on the November contract this week. November did trade below $10 on Monday, but managed to close […]