Evidently not content to drink alone, bulls in the bean market decided to pass their chalice of hemlock over to the corn and wheat bulls yesterday, and more than a few of them appear to have taken a pretty good swig. As they say, misery does love company. This was…
Commentary
Free Commentary
While the USDA adjustments in wheat and, to a lesser extent, corn were relatively insignificant yesterday, the October report would appear to have driven the last nail into the 2020/21 bull market coffin for the grain and soy trade. In fact, even the final bullish holdout for the year, oats,…
Daily Comments
While the USDA adjustments in wheat and, to a lesser extent, corn were relatively insignificant yesterday, the October report would appear to have driven the last nail into the 2020/21 bull market coffin for the grain and soy trade. In fact, even the final bullish holdout for the year, oats,…
Free Commentary
Even though the marquee reads “USDA October Crop Estimates” like all shows, there are more than a few previews to sit through before the main feature begins. In no particular order of importance, here they are; Corn harvest moved forward 11% last week and stood at 29% complete as of…