December soymeal futures have posted an astounding eight straight sessions higher and are working toward making it a ninth to close this week.
Rhett Montgomery
DTN Lead Analyst
Rhett Montgomery is a DTN market analyst and has worked in the grain industry since 2017.
Rhett was raised on a farm and cattle operation in south-central Nebraska. Rhett earned his bachelor's degree in Agribusiness with an emphasis in marketing from the University of Nebraska-Lincoln in 2017. Rhett is currently working toward his Master's degree in Agricultural Economics from Virginia Tech. Prior to joining DTN, Rhett worked as a cash grain merchandiser and farm marketing adviser servicing Nebraska and neighboring states. Recently, Rhett and his wife Andie moved to Norman, Oklahoma, where Andie is pursuing her PhD in history from the University of Oklahoma.
Recent Blogs by Author
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Following a frustrating past year for marketing of 2024 and 2025 crops, time is quickly approaching to begin making plans for 2026-27, as well.
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Technically Speaking
December soymeal futures have posted an astounding eight straight sessions higher and are working toward making it a ninth to close this week.
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Technically Speaking
Most-active December Kansas City wheat futures have fallen below long-term support at $5, cementing late 2025 wheat prices amongst the lowest in history.
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USDA Reports Preview
On Sept. 30, USDA will release updated estimates of grain stocks held as of Sept. 1, as well as take another look at 2025 wheat production in its annual Small Grains Summary.
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USDA Reports Preview
Traders will look to USDA's September Crop Production and World Agricultural Supply and Demand Estimates (WASDE) reports on Friday to see whether the hot-and-dry August for the Eastern Grain Belt is expected to have yield...
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USDA Reports Preview
On Tuesday, Aug. 12, USDA will throw its hat into the ring of yield estimates when it releases its August Crop Production and World Agricultural Supply and Demand Estimates (WASDE) reports.