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.

Recent Blogs by Author

  • The Drought Severity and Coverage Index is currently at the lowest level observed in the United States Drought Monitor archives going back to 2000. (Photo courtesy of the National Drought Mitigation Center)

    For the first time in 19 years, this week's U.S. Drought Monitor map will likely show no area of the continental United States in anything worse than "moderate" drought. This isn't automatically...

More From This Author

  • The share prices of two publicly traded agricultural trading firms illustrate the limited profit optimism in the industry at the end of 2019. (Graphic by Elaine Kub)

    Kub's Den

    This year has been rough for farmers, but challenging market conditions and lower volumes of seed, grain and fertilizer business have also made profitability a struggle for traditional grain trading and ag input businesses.

  • An elevator may post a bid of $3.50 per bushel for new-crop corn, but once discounts are taken for shrink and drying charges, plus any trucking expenses, all the profit opportunity above a $3.22 cost of production has disappeared. (Graphic by Elaine Kub)

    Kub's Den

    Strong basis bids might make harvest season cash corn prices look profitable in 2019, but nobody wins when the wet corn needs to be dried using expensive (and scarce) fuel.

  • A list of selected sources of geopolitical instability in late October 2019 includes several hot spots that may influence grain futures trade. (Graphic by Elaine Kub)

    Kub's Den

    A list of selected sources of geopolitical instability in late October 2019 includes several hot spots that may influence grain futures trade.

  • Pasture conditions in the summer of 2019 were notably better than the previous year, yet hay prices have risen amid quality and availability issues. (Chart by Elaine Kub using USDA NASS data)

    Kub's Den

    Hay's complex commodity market is reflecting the muddle of 2019's weather -- there was no shortage of forage this summer, but there were challenging conditions to harvest and transport the product.