Commentary

Jul 20, 2020 | For Members

Daily Comments

Beans are the bright spot on the CBOT feed this morning as we have nearby futures pressing up against recent highs, while corn and wheat backtrack yet again. No doubt, ideas of more Chinese demand have emboldened the bulls, but we do have a couple of other factors at work…

Jul 19, 2020 | For Members

Weekly Commentary

Let’s talk dollars and cents. No, I am not trying to include you on negotiations for my next car purchase, but rather I want to take a look at the good old Greenback, the Buck, the Reserve World Currency, or if you prefer, United States Dollar. As most of you…

Jul 17, 2020

Free Commentary

In this weekend’s weekly newsletter, I will be taking a look at the U.S. Dollar, but this morning I would like to revisit another currency that will potentially impact we in U.S. agriculture; The Brazilian Real. A few months ago, it was the talk of the currency town, as it…

Jul 17, 2020 | For Members

Daily Comments

Jul 16, 2020

Free Commentary

While there would appear to be no question that much of the buying was driven by spread unwinding versus corn and KC wheat, Chicago wheat posted another impressive advance yesterday, the second such move in the past two weeks. “Voice from the Tomb” traders must be tickled pink this year…