Commentary

Daily Comments

If you are like me, you remember exactly where you were twenty-two years ago today as we watched in amazement as two jets crashed into the Twin Towers in New York City and another in a field in Pennsylvania. It will be forever etched into my memory.  It is also…

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Daily Comments

Granted, this was a shortened week with little fresh news to inspire bulls or bears, but for the grain/soy sectors, it has turned out to be the narrowest range traded in ages.  If we closed up shop right now, for the week, December corn will have gained 5-cents, Chicago wheat…

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Daily Comments

Whenever the calendar rolls over into another month, you can be sure that a USDA report is soon to follow, and indeed, the next one is scheduled for release next Tuesday.  The September report does not rank high on a list of potentially market-shattering releases, as we are transitioning from…

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Daily Comments

With crops quickly moving into their final stages of life, it would be normal to see crop ratings decline, which is exactly what was reflected in the weekly updates. Corn rated good/excellent slipped 3% from the previous week, and beans were down 5%, neither of which should be much of…

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Daily Comments

The countdown to harvest 2023 has begun, and grain and soy markets appear content to churn semi-sideways until we begin to receive more yield data.  Over the past couple of weeks, I have traveled across parts of Illinois, Iowa, and Wisconsin and will soon take a trip across the Minnesota…

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