Commentary

Daily Comments

Ukraine very much remains a front and center concern for grain and soy markets this morning.  However, with Russia reportedly still in the process of pulling troops back, the focus appears to have shifted to export capabilities.  With Black Sea ports in disarray, traders are trying to move grain by…

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Weekly Commentary

APRIL 1, 2022 It is not as if economists have not had enough to fret about already.  With inflation at forty-year highs, the Fed setting a course to higher rates and quantitative tightening, and the uncertainties of war between Ukraine and Russia, there have been a number ready to push…

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Daily Comments

It is not all that often that one can say that markets performed rationally, particularly as of late, but let’s give credit where credit is due.  The grain and soybeans market acted just as you would have expected in light of the information published by the USDA yesterday.  March 1st…

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Daily Comments

While the headliners are not scheduled to take the stage for a few hours yet, weekly export sales are here to warm up the crowd.  First up, we have wheat, and their performance is not eliciting too many cheers from the bull section of the audience.  For the week ending…

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Daily Comments

There were moments yesterday when it appeared that all the longs in the grain and soy markets were going to be marched out behind the woodshed for a severe lashing, but quite a few of them slipped out of the hands of ma and pa and made it back to…

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