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

  • (DTN photo by Greg Horstmeier)

    DTN Before The Bell Grain Comments

    Corn 1/2 lower. Soybeans 3 3/4 higher. Wheat 2 1/2 lower. Futures for the hard wheat varieties are also lower.

  • (DTN photo by Greg Horstmeier)

    DTN Before The Bell Grain Comments

    Corn 1 3/4 higher. Soybeans 4 higher. Wheat 2 higher. Spring wheat futures are lightly lower Thursday morning after some recent volatile gains.

  • (DTN photo by Greg Horstmeier)

    DTN Before The Bell Grain Comments

    Corn 2 1/2 higher. Soybeans 9 higher. Wheat 3/4 higher. Spring wheat is within a few pennies of completely recovering last week's losses.

  • The 24-hour rainfall at the start of this week in Buenos Aires and Sante Fe showed totals as high as 100 mm (upwards of 3 inches), and for the entire weekend there were some 7-to-8-inch totals. (DTN graphic)

    Kub's Den

    Soybean prices have appeared more responsive to broad projections of supply than to the ongoing flooding concerns in Argentina, the third-largest soybean-producing country. This may be due to trading programs becoming less and...

  • Overgrown by grass and brush, an old seed drill sits unused in South Dakota. (DTN photo by Elaine Kub)

    Kub's Den

    When the horse-drawn seed drill was invented in 1701, Jethro Tull would not have guessed how popular, then unpopular, its usage would become on the American Plains in the ensuing 316 years, with wheat acreage expected to drop...

  • (DTN photo by Greg Horstmeier)

    DTN Before The Bell Grain Comments

    Corn 1/2 lower. Soybeans 5 3/4 lower. Wheat 2 3/4 higher. Nearby soybean and corn contracts are at their lowest levels in 2017.

  • (DTN photo by Greg Horstmeier)

    DTN Before The Bell Grain Comments

    Corn 1/4 lower. Soybeans 3 3/4 lower. Wheat 1/4 higher. Investors remain jittery about stocks and about commodity demand.

  • (DTN photo by Greg Horstmeier)

    DTN Before The Bell Grain Comments

    Corn 3/4 lower. Soybeans 2 1/2 lower. Wheat 3 1/4 lower. While the stock market is in sudden meltdown, the grain markets' lack of momentum looks pretty good, compared to the alternative.

  • (DTN photo by Greg Horstmeier)

    DTN Before The Bell Grain Comments

    Corn 2 lower. Soybeans 1 1/2 lower. Wheat 2 3/4 lower. Nearby soybean futures continue to hover on either side of $10.00.

  • (DTN photo by Greg Horstmeier)

    DTN Before The Bell Grain Comments

    Corn 2 higher. Soybeans 4 higher. Wheat 2 3/4 higher. Trading volume has so far been extremely light, leaving the day's direction still to be established.

  • Risk management should be at the top of farmers' minds during the month of March, when crop insurance decisions are made and government reports typically spark market volatility. (DTN photo illustration by Elaine Kub)

    Kub's Den

    The median American farmer's "paycheck" tends to go either up or down by $20,000 per year, according to USDA data, emphasizing the importance of risk protection.

  • (DTN photo by Greg Horstmeier)

    DTN Before The Bell Grain Comments

    Corn 1 1/4 higher. Soybeans 2 1/4 higher. Wheat 1 lower. Likely profit-taking from the wild stock market may not benefit the grains.

  • (DTN photo by Greg Horstmeier)

    DTN Before The Bell Grain Comments

    Corn 2 1/4 lower. Soybeans 6 1/2 lower. Wheat 3 lower. So far, these markets are giving back only a few cents of the week's double-digit gains.

  • (DTN photo by Greg Horstmeier)

    DTN Before The Bell Grain Comments

    Soybeans are 7 cents higher. Wheat are 6 1/2 cents higher. Grains may not be able to ignore a stronger dollar as the session continues.

  • (DTN chart by Elaine Kub)

    Kub's Den

    Commodity producers can borrow analysis tools from the stock investing industry to compare each crop's "alpha" above and beyond the overall commodity markets' performance.

  • (DTN photo by Greg Horstmeier)

    DTN Before The Bell Grain Comments

    Corn 3 1/2 lower. Soybeans 7 1/4 lower. Wheat 3 1/2 higher. Trading volume has already been active Friday morning.

  • (DTN photo by Greg Horstmeier)

    DTN Before The Bell Grain Comments

    Corn 1/4 lower. Soybeans 1 lower. Wheat 1/4 higher. Investors with gains from the stock market may be distributing their wealth into commodities, too.

  • Agronomists can prescribe extremely precise grain production inputs, and some of today's precision ag technology can deliver those prescriptions with much less variability than traditional equipment. (Illustration by Kub's Den)

    Kub's Den

    The philosophy of precision ag, or calculating inputs by the most granular units possible, can also guide farmers to treat their marketing decisions as seriously as they treat their production decisions.

  • (DTN photo by Greg Horstmeier)

    DTN Before The Bell Grain Comments

    Corn 1 1/4 lower. Soybeans 3 lower. Wheat 2 1/2 lower. Investors' attention is being taken up by interest rate speculation and the surging stock market.

  • (DTN photo by Greg Horstmeier)

    DTN Before The Bell Grain Comments

    Corn 1 3/4 lower. Soybeans 5 3/4 lower. Wheat 4 lower. Light trading volume Tuesday morning could not sustain the bullish momentum seen recently in corn, soybean, and wheat markets.

  • (DTN file photo)

    DTN Closing Livestock Comments

    Live and feeder futures ended the week in a mixed performance, with the live contracts still supported by end-of-week short-covering. Lean hog contracts were also mixed, with only the nearby February contract closing lower.

  • Futures trading volumes tend to fall below average when western traders take Christmas holidays and when Asian traders celebrate the Lunar New Year.

    Kub's Den

    When a significant portion of the world's futures traders take a week-long holiday to celebrate the new year of the Rooster, it's no wonder trading volumes fall and prices get jumpy.

  • (DTN photo by Greg Horstmeier)

    DTN Before The Bell Grain Comments

    Corn 1/4 higher. Soybeans 1/4 lower. Wheat 1/2 lower. Trade was lightly mixed through the morning, including in the U.S. Dollar Index, which remains above 100.00.

  • (DTN photo by Greg Horstmeier)

    DTN Before The Bell Grain Comments

    Corn 3/4 lower. Soybeans 3 lower. Wheat 1 3/4 higher. Weekly export sales stayed on track for soybeans, but Chinese New Year celebrations will slow that business down in coming days.

  • (DTN photo by Greg Horstmeier)

    DTN Before The Bell Grain Comments

    Corn 1 1/4 lower. Soybeans 4 lower. Wheat 3 1/4 lower. Speculative buying enthusiasm in the stock markets may not spill over into commodities.

  • (DTN photo by Greg Horstmeier)

    DTN Before The Bell Grain Comments

    Corn 3/4 lower. Soybeans 4 higher. Wheat 2 1/4 lower. Overnight gains that extended recent rallies may fall prey to outside market bearishness as the day wears on.