It is often said there are only three things in life that we can be certain of: Death, Taxes, and USDA reports. Well, I may have taken a little liberty in identifying the third, but for those of us in the ag trade, they are a regular occurrence, and today…
Commentary
Daily Comments
Every business class in the world would warn against structuring your entire business model around a single customer, i.e., putting all your eggs in one basket, but that would certainly appear to be the situation for the export market for the U.S., with China being that dominant client. Be that…
Daily Comments
While it may be little more than turnaround Tuesday action in the grains this morning, they are under pressure while bean bulls are desperately trying to cling onto their recent gains. Overall, the picture for the group looks slightly encouraging, but for that to remain the case, I suspect the…
Daily Comments
Soybeans are trying to lead the way to higher prices, but not much of their enthusiasm has carried over to the corn and wheat markets this morning. Regardless, the performance we witnessed last Friday would appear to suggest that we have reached a point of value in these markets, but…
Daily Comments
Singlehandedly, beans are trying to lift the grain markets out of the depths of despair, but just how successful they will ultimately be is yet to be determined. If we wrapped up the week right now, December corn will have lost 10-cents, December Chicago wheat 7-cents, KC is now up…