Grain Elevator Outlook 2018/2019

November 29, 2018

Key Points

  • Trade disruptions and large fall crops have had the biggest impacts on grain markets so far this year.
  • The U.S.-China trade dispute has impacted soybeans most this year with carry widening and basis weakening significantly.
  • Corn and wheat fundamentals support basis strengthening this year, while carry in the future’s market will provide a reasonable return to storage.
  • Transportation costs are largely in line with historical averages. However, elevators heavily dependent on trucking will face diesel price and trucker availability risks.

Read the Report

 
 

Stay ahead of the game in your field. Subscribe today.

Get CoBank's industry-leading Knowledge Exchange research reports delivered straight to your inbox as soon as they're released.

Have a comment or question about these reports?

Contact CoBank's Knowledge Exchange team to ask questions, engage with analysts or receive additional information.