Commentary

May 10, 2022 | For Members

Daily Comments

Had the current weather outlook not improved for the better, the planting and crop conditions updates may have generated a bit more buying interest, but as it stands, the action this morning looks to be little more than turnaround Tuesday type trade. Corn planting moved ahead by just 8% to…

May 09, 2022 | For Members

Daily Comments

To borrow a line from John Denver’s early 1970’s hit song, “Sunshine, on my shoulders, makes me happy.” I suspect there may be more than a few midwestern farmers that would agree with that sentiment this morning as we finally have clear and sunny skies across much of the region,…

May 07, 2022 | For Members

Weekly Commentary

MAY 6, 2022 “It’s not time to worry yet” – Atticus Finch. In Harper Lee’s classic, To Kill a Mockingbird, these are the words that Atticus uses to try and calm his children during periods of uncertainty. It would seem that after the past couple of weeks, we could use…

May 06, 2022 | For Members

Daily Comments

As I noted yesterday, we have witnessed a renewed interest in the wheat market over the past several days, driven in part by adverse weather in India and now a growing concern about a hot, dry forecast for much of Europe during the next week to ten days. While it…

May 05, 2022 | For Members

Daily Comments

As the old saying goes, a rising tide will lift all boats, and it would appear that wheat is doing all it can to bring water back into the bay. As I noted a few days ago, India is now reassessing their exportable wheat supplies after the recognition that the…