We have witnessed some two-sided action as we kick off this new week, but overall, the grain and soy markets appear to be struggling. At this point, only KC wheat is holding more than fractional gains, and of course, this market had slid into new lows last Friday, so it…
Commentary
Daily Comments
There will be no Weekly Commentary this weekend. I hope everyone had a safe and enjoyable Thanksgiving. We have a shortened day of trade to finish the week, and news is sparse, so this morning’s commentary will stay in keeping. After the extremely large numbers posted the previous week, export…
Daily Comments
I would dare say that many market participants are more interested in what time Thanksgiving dinner will be served tomorrow and how quickly Uncle George will drift off into a post-meal stupor than trading today. Of course, the fact we have little more than a repeat of previously discussed news…
Daily Comments
The ongoing concerns about planting progress and weather in Brazil helped the corn and bean markets shake off the early morning blues yesterday and finish higher for the day. The move in beans was particularly impressive as after poking down to test critical support, they posted an outside higher reversal,…