Commentary

Daily Comments

I must have missed the memo, but obviously, we are celebrating small grains week at the CME.  The corn and the bean complex are under pressure after the extended weekend, but wheat and oats are enjoying renewed buying interest.  We should keep in mind that both these latter markets have…

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Weekly Commentary

JANUARY 16, 2022 “Let the race begin!”  No doubt most of us have heard these words uttered at a sporting event at some time or another, but I could not help but think of this phrase while listening to Jerome Powell speak in front of lawmakers this week. Of course,…

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Free Commentary

A week ago today, bulls in the grain and soy market really must have felt that they were back in the driver’s seat and set for their next road trip. It was the completion of the first week of a new year, and they had successfully pushed corn in beans…

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Daily Comments

A week ago today, bulls in the grain and soy market really must have felt that they were back in the driver’s seat and set for their next road trip. It was the completion of the first week of a new year, and they had successfully pushed corn in beans…

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Free Commentary

After three months of generally rising prices, bulls in the grain and soy markets really needed a booster shot of encouragement from the USDA to keep the enthusiasm going, but as we now know, that was not forthcoming. Sure, the USDA did make a reasonably sizable cut to the South…

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