Commentary

Dec 04, 2023 | For Members

Daily Comments

When viewed from a longer-term chart, the recent weakness in corn does not appear to be all that significant, but without a doubt, it has become the weak link in the grain/soy complex. For the most part, we are doing nothing more than floating along at the 4.60/4.50 zone, and…

Dec 01, 2023 | For Members

Daily Comments

We witnessed something of a role reversal yesterday as the grain market rallied while beans stumbled. The group is still clinging to a possible weekly gain, but wheat has taken its turn as the upside leader. If we closed right now, for the week, Chicago March wheat would be up…

Nov 30, 2023 | For Members

Daily Comments

We are now just a few hours away from wrapping up the eleventh month of this year and combined, the grain and soy market will have done little. If the closing bell were to ring right now, for the month, March corn would have lost 16-cents, March Chicago wheat down…

Nov 29, 2023 | For Members

Daily Comments

Some call it hump day, while I prefer the more literal German word, Mittwoch, to describe Wednesday, but no matter what you call it, we often are devoid of fresh news by the time we reach the middle of the week, and this week is no exception. Keep in mind…

Nov 28, 2023 | For Members

Daily Comments

No doubt the Thanksgiving feast at the homes of the grain bulls was a bit spartan last week, but they made do anyway. But I am now suspecting that some nefarious characters slipped into their kitchens during the wee hours of the morning and laced the cranberry sauce with a…