Commentary

Daily Comments

It would appear that we arrived at one of those mornings when there is really very little news of importance to pass along concerning the grain/soy markets, and the apathetic price performance at this point is reflecting such.  With the exception of bean oil and Minneapolis wheat, I see red…

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Daily Comments

While rainfall may slow things down a bit later this week, the 2023 corn and bean harvest is definitely on the downhill slide.  I have heard reports from some areas that later planted crops have not performed as well as the early, but I cannot confirm if that is the…

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Daily Comments

Downright discouraging performance into the close for the grain and soy markets last Friday, and sans wheat, the action to begin the week has not cheered up the bull either.  It is by no means to see an initial rally sputter out and retrace, and it would appear that we…

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Daily Comments

After lollygagging around for most of the week, corn and wheat have now joined the bean market with a poke into higher highs.  At present, for the week, we have December corn up 11-cents and above 5.00 for the first time since late August.  December wheat is up 18-cents for…

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Daily Comments

I will be traveling through Thursday this week, so morning comments will be briefer than usual. Weekly export sales all fell well within the range of trade estimates, with only beans showing an improvement from the previous week.  For the week ending the 12th, we sold 1,371,900 MT or 50.4…

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