There was only one commodity that fell from the range of expectations in the sales report this week, and that was wheat. For the week ending the 19th, we sold just 116,000 MT or 4.3 million bushels. This was 62% below last week, 67% below the 4-week average, and set…
Commentary
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I am not aware of any specific reason as to why, but once again, the overall news cycle appears to be relatively sparse on this Wednesday morning. Growing up in the rural Midwest, I was taught that Wednesdays, and particularly Wednesday evenings, were reserved for midweek church. Anyone who dared…
Daily Comments
I am not aware of any specific reason as to why, but once again, the overall news cycle appears to be relatively sparse on this Wednesday morning. Growing up in the rural Midwest, I was taught that Wednesdays, and particularly Wednesday evenings, were reserved for midweek church. Anyone who dared…
Free Commentary
It would appear that grain and soy markets are implementing their version of role reversals this morning, as markets that struggled yesterday are showing strength, and those that performed well on Monday, are struggling this morning. While I doubt this has anything to do with couples therapy, where they attempt…