Commentary

Jun 03, 2022 | For Members

Daily Comments

While technically not the first full week of June, the month nevertheless has gotten off to a bit of a rough start. If we wrapped it up right now, nearby corn would have lost $.49 for the week, wheat $1.12, and even after the semi-impressive bounce yesterday, beans are now…

Jun 02, 2022 | For Members

Daily Comments

After a couple of days of punishing action in the corn and wheat markets, prices rebounded overnight, but one must suspect that it is little more than a dead-cat bounce. As I pointed out a week or so ago, we were moving critically close to seeing the weekly MACD turn…

Jun 01, 2022 | For Members

Daily Comments

Gauging from the market performance on the final day of May, one would be forgiven to suspect that a number of traders had dipped into the potato salad that was left out in the sun too long at the Memorial Day picnic. As a group, corn, wheat, and beans did…

May 31, 2022 | For Members

Daily Comments

We are just a few hours away from buttoning up another month, and this morning at least, we have the grains under pressure as stories continue to circulate about the potential for grain shipments from Ukraine, while beans have edged into higher highs for the year once again. If we…

May 28, 2022 | For Members

Weekly Commentary

MAY 27, 2022 I suspect many of you are familiar with the tale of St. George and the dragon. While the myth was undoubtedly borrowed from even more ancient stories, it was popularized sometime in the 11th century and told of a dragon that terrorized a community. The only way…