Commentary

Daily Comments

It has certainly been a slick move in the bean oil market these past few weeks.  (I apologize, as I have promised myself to try and refrain from the dad jokes, but sometimes they are just too easy to pass up).  After slipping back below the 70-cent level at the…

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Daily Comments

Soybeans have assumed the role of the leader of the bull gang this week, with spot futures having now pushed to the highest point traded since late February.  If we were to close right at this current price (17.34) tomorrow, it would go down as the highest weekly close yet…

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Daily Comments

We have reverted to the pattern of witnessing a midweek lull in the news cycle, at least when it concerns fresh news.  Markets seem to have grown accustomed to the information coming from Ukraine and evidently have become resolved, or at least have priced in the potential crop shortfalls this…

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Daily Comments

For decades, we have witnessed an inverse relationship between the trend in the U.S. Dollar and that of the overall commodity sector.  While certainly not perfect, if the dollar was trending higher, you could pretty well count on commodities moving lower and vice versa.  That is at least until sometime…

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Daily Comments

While just a pittance compared with the 40-plus inches that Minot, North Dakota, has received in the past week, it was still a bit unusual to look out my window this morning and see the lawns covered in a blanket of fresh snow.  While the outlook promises warmer temperatures throughout…

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