Elaine Kub

Contributing Analyst
Elaine Kub

Elaine Kub is the author of Mastering the Grain Markets: How Profits Are Really Made -- a 360-degree look at all aspects of grain trading, which draws on her experiences as a futures broker, market analyst, grain merchandiser, and farmer. She grew up on a family farm in South Dakota and holds an engineering degree and an MBA.

More From This Author

  • The benchmark price for West Texas Intermediate crude oil futures has fallen 38% off its June high, but local diesel prices may remain within 10% of their June highs. (DTN ProphetX chart by Elaine Kub)

    Kub's Den

    Energy price fluctuations are of great interest to agricultural producers, but the present bearishness for international crude oil doesn't seem to be carrying over to domestic fuel.

  • The Baltic Dry Index of ocean shipping rates reflected the post-pandemic struggles of the global supply chain but is finally falling back to normal levels. (Chart by Elaine Kub)

    Kub's Den

    Ocean shipping rates, which serve as an indicator of the globe's economic health and the overall demand for dry, bulk, commodity "stuff," have fallen back toward normal levels, but there may be concern that this bellwether will just...

  • The most chaotic basis scenario this fall is noted along the Mississippi River in southern Illinois, where barge shipments have been drastically slowed by low water levels. Yet, just 350 miles away, corn basis is hot in the west where drought has made grain scarce. (Graphic by Elaine Kub)

    Kub's Den

    In a region nicknamed for its resemblance to the Nile, low water levels have bottlenecked an important route for grain shipments and damaged the competitiveness of local cash grain markets.

  • Even though soybean prices have fallen more than 20% in U.S. dollar terms, buyers in other countries must make purchases with weakening currencies, and therefore the price tag in foreign terms may remain nearly as high as ever. (Chart by Elaine Kub)

    Kub's Den

    Even though soybean prices have fallen more than 20% since summer in U.S. dollar terms, buyers in other countries must make purchases with weakening currencies, and therefore the price tag in foreign terms may remain nearly as...

  • Much of the drought in the United States is in regions without much grain production, but there are some notable overlaps. (Graphic compilation by Elaine Kub)

    Kub's Den

    Much of the drought in the United States during the 2022 growing season occurred in regions without much grain production. But there have been some notable overlaps, particularly during critical timeframes for crop reproduction.

  • Late-planted soybeans (June 8) in South Dakota still filling pods on Sept. 5, 2022. (Photo by Elaine Kub)

    Kub's Den

    There is an impression that soybean yields tend to be less volatile than corn yields during challenging growing seasons, but the past 50 years of yield data doesn't necessarily bear out that assumption for individual locations.