Commentary

Daily Comments

While it would be premature to suggest the housecleaning in the grain and soy markets is completely finished, it would appear that the janitorial service has at least decided to take a coffee break.  This is not to say that we could not poke into lower ground over the next…

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Daily Comments

With the current weather runs calling for timely rains and seasonal temperatures for much of the corn/soy growing regions, prices have been under solid pressure to kick off the week, with a few contracts actually gapping lower.  Keep in mind as well that this is the final day of the…

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Daily Comments

When the closing bell was rung this past Monday, it appeared that the Bull had taken control of the grain and soy markets once again, and we were destined for higher prices.  Well, that was Monday, and that performance now appears to have been the market equivalent of a one-hit-wonder…

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Daily Comments

During the week ending the 20th, wheat sales improved 37% from the previous week, coming in at 233,200 MT, or 8.6 million bushels.  Be that as it may, that was still 17% below the 4-week average.  The Philippines were the top buyer taking 72.4k MT, followed by Nigeria with 28.1k…

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Daily Comments

After starting the week with all the exuberance of a young calf let out into the pasture after days of confinement, the grain and soy markets appear to have lost some of their enthusiasm.  It would appear that the hot temperatures that have now spread across much of the growing…

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