Commentary

Daily Comments

Daily Comments will be briefer than usual this week as I am once again traveling.  We are now just a few hours away from completing the final full week of trade in November, and it would appear that many have already shifted into holiday mode.  In light of the semi-defensive…

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Daily Comments

Daily Comments will be briefer than usual this week as I am once again traveling.  While not unexpected, weekly soybean sales have set a new record for the marketing year.  During the week ending the 9th, we sold 3,918,400 MT or 144 million bushels.  China accounted for 67% of the…

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Daily Comments

Daily Comments will be briefer than usual this week as I am once again traveling.  It’s a typical Wednesday for the news cycle as there is little fresh to look at for the grain and soy trade.  Later today, the NOPA will publish crush data for October, with the trade…

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Daily Comments

Daily Comments will be briefer than usual this week as I am once again traveling.   Corn harvest moved ahead another 7% last week and stood at 88% complete as of Sunday. This compares with the 5-year average of 86%.  The only three states that really remain off pace are Michigan, 52%…

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Daily Comments

There are some who, I suspect, believe the USDA released their Requiem for the grain and soy markets yesterday. While the piece contained nary movement that you could identify as uplifting, I do not believe it sounded the death knell for this market quite yet.  The final version will probably…

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