As we begin the month of August, it would appear that the baton has been passed on to wheat for the next leg of the 2021 bull relay. (Had to get an Olympic analogy in here somewhere) Soy oil, soybeans, and corn have done exceptional jobs leading the first several…
Commentary
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Despite the swoon in prices overnight, grain and soy markets are poised to close higher for the week, but results are a bit more mixed for the month. Gains will be posted in wheat, with Chicago futures currently 20-cents higher, KC up 9-cents, and Minneapolis leading the pack up 56-cents. …
Daily Comments
Despite the swoon in prices overnight, grain and soy markets are poised to close higher for the week, but results are a bit more mixed for the month. Gains will be posted in wheat, with Chicago futures currently 20-cents higher, KC up 9-cents, and Minneapolis leading the pack up 56-cents. …
Free Commentary
After nearly non-existent news yesterday, we have been confronted with a glut of reports this morning, so we might as well get started. First, the Wheat Quality Council has finished the second day of a three-day tour in North Dakota, and as you might suspect, have found rather disappointing yields. …