Rhett Montgomery (@r_d_montgomery) 's Twitter Profile
Rhett Montgomery

@r_d_montgomery

Lead Analyst at DTN. Native Nebraskan living in Sooner country. Currently earning my Masters in Agricultural Economics from Virginia Tech.

ID: 1756840960724525056

calendar_today12-02-2024 00:42:01

105 Tweet

147 Followers

53 Following

Rhett Montgomery (@r_d_montgomery) 's Twitter Profile Photo

Realizing this morning that I misspoke on Friday...the blue line on the below chart is actually the *200* day moving average, which the market has allowed just one close above since 2023. Apologies for the confusion.

DTN/Progressive Farmer (@dtnpf) 's Twitter Profile Photo

DTN Lead Analyst Rhett Montgomery shares insight on the April WASDE, the latest Grain Stocks Report and USDA's annual Prospective Planting report. LISTEN: dtn.link/96e93c

DTN Lead Analyst <a href="/R_D_Montgomery/">Rhett Montgomery</a> shares insight on the April WASDE, the latest Grain Stocks Report and USDA's annual Prospective Planting report.

LISTEN:  dtn.link/96e93c
DTN/Progressive Farmer (@dtnpf) 's Twitter Profile Photo

December corn futures are relatively low, but there's a long growing season still ahead. Could December corn futures be nearing long-term support? Read #TechnicallySpeaking by Rhett Montgomery: dtn.link/j1h9rv

December corn futures are relatively low, but there's a long growing season still ahead. Could December corn futures be nearing long-term support?

Read #TechnicallySpeaking by <a href="/R_D_Montgomery/">Rhett Montgomery</a>:  dtn.link/j1h9rv
Rhett Montgomery (@r_d_montgomery) 's Twitter Profile Photo

Busy morning for U.S. exporters! 6.1 million bushels of old crop #corn of which 1.6 mb is to #Mexico. The rest to unknown destinations. Also 6.5 mb for 2025-26 to Mexico Lastly, 8.3 mb of #soybeans sold to #Pakistan for the 2025-26 marketing year

Rhett Montgomery (@r_d_montgomery) 's Twitter Profile Photo

#USDA reports sales of: 288,000 mt of #corn to #Mexico: 95,100 mt for 24-25 MY (3.7 mbu), and 192,900 mt (7.6 mbu) for 25-26 MY also 120,000 mt (4.4 mbu) of #soybeans to #Pakistan for the 2025-26 MY

DTN/Progressive Farmer (@dtnpf) 's Twitter Profile Photo

Lead Analyst Rhett Montgomery hosts the DTN Quarterly Grain Stocks and Acreage Report Webinar on June 30: dtn.link/9jh8o5 This industry favorite shares a deep dive into how the information released by the USDA fits into current market conditions, plus a look at what is

Lead Analyst <a href="/R_D_Montgomery/">Rhett Montgomery</a> hosts the DTN Quarterly Grain Stocks and Acreage Report Webinar on June 30: dtn.link/9jh8o5
This industry favorite shares a deep dive into how the information released by the USDA fits into current market conditions, plus a look at what is
Rhett Montgomery (@r_d_montgomery) 's Twitter Profile Photo

Flash sale of 120,000 mt of #soybeanmeal comes as July soybean meal futures set new contract lows this week. Front month meal futures are among their lowest price in five years.

DTN/Progressive Farmer (@dtnpf) 's Twitter Profile Photo

The cattle market tends to move in 10-year cycles, but this time, the cowherd is facing a wider range of challenges to its regrowth, including trade disruptions and drought. Join us for the next #DTNAgSummitSeries “Future of the Cowherd” on Tuesday, June 24, from 10 to 12 p.m.

Rhett Montgomery (@r_d_montgomery) 's Twitter Profile Photo

1.1 million bushels of old crop #corn to #Mexico as well as 4.2 mb of new crop. Corn futures down double digits across the board to start the new week.

Rhett Montgomery (@r_d_montgomery) 's Twitter Profile Photo

4.3 million bushels of new crop #corn to unknown destinations. The third flash sale this week as new crop sales begin to pick up. 49% ahead of the same point in 2024 as of this morning's USDA update.

Rhett Montgomery (@r_d_montgomery) 's Twitter Profile Photo

8 million bushels of new crop #soybeans to #Mexico. Also wanted to include this chart. Red line is 2025-26 commitments as of July 3, dotted blue line is 2024-25, as can be seen late July and onward will be an important stretch for the new crop book. China remains absent.

8 million bushels  of new crop #soybeans to #Mexico.  Also wanted to include this chart. Red line is 2025-26 commitments as of July 3, dotted blue line is 2024-25, as can be seen late July and onward will be an important stretch for the new crop book.  China remains absent.