The Van Trump Report

Soybeans

Coronavirus and Crude Oil Casting Dark Clouds Over Farm Income in 2020

I’ve been on a ton of calls this week and many in the ag space are rightfully worried. If prices remain at these levels or perhaps even lower, many farm families will find themselves in dire financial circumstances. The complications of coronavirus along with the fallout in crude oil has created a dangerous one-two punch …

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Coronavirus Continues to Complicate the Big Picture for Corn & Soybeans

CORN bears have taken some massive swings as of late. Not only is flat price down roughly -10% in the past 30-days and down roughly -15% in the past couple of months, but the basis in many locations has gotten completely hammered as ethanol collapses. Several areas have witnessed a very dangerous -$1.00 per bushel …

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Coronavirus Fallout is a Heavy Burden for Commodity Bulls

Corn bulls are really feeling the pressure from the fallout in the outside macro space particularly the negative headlines associated with crude oil and now massive demand uncertainties. I continue to hear talk that there will be serious bloodshed and carnage in the ethanol sector. I suspect several plants simply don’t make it out of …

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Weather Concerns Take Back Seat to Coronavirus, Oil Rout

Traders are gearing up for U.S planting season. Bulls are pointing to overly wet conditions and the possibility of extreme flooding in many parts of the U.S. Traders are specifically keeping a close eye on the banks of the Mississippi River in parts of Illinois and Iowa, as well as the Red River and Sheyenne …

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Will China Turn to U.S. Soybeans as Brazil Struggles with Logistical Hiccups?

Soybean bulls are pointing to rising export tariffs for Argentine “soybeans, meal and bean oil”. There are also some logistical complications brewing in portions of Brazil that we are closely monitoring. This time period between more readily available South American supply might provide a little opportunity for U.S. soybeans. I should caution, the headlines might …

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Life is Good!

I constantly hear my friends and others talking about how bad things have become. They talk about more shootings, more violent crimes, less religion, etc…, but these arguments are not backed by facts or figures. They are mostly just strong hunches and hearsay. Believe it or not, violent crimes are much lower than in years past. Faith is continual on the rise as 84% …

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Is $10 Corn a Possibility??

I see at minimum -10 million unplanted corn acres and perhaps much more. I also have a very hard time fully grasping potential yield loss on all of the re-plant and late-planted acres. Recently on the June WASDE, the U.S. planted acreage estimate was lowered by -3 million to 89.8 million. The U.S. average yield …

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