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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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…
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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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…