By: Dan Hueber – Hurry up and wait. That would appear to be the message traders at the CME are sending ahead of the December USDA supply/demand estimate. Granted, if I suggest the USDA will not make many if any changes of note, they will probably deliver a real shocker but normally,…
Commentary
Daily Comments
By: Dan Hueber – Hurry up and wait. That would appear to be the message traders at the CME are sending ahead of the December USDA supply/demand estimate. Granted, if I suggest the USDA will not make many if any changes of note, they will probably deliver a real shocker but normally,…
Afternoon Market Recap
By: Patrick McRae – Grain markets had a sideways day with prior day ranges being kept intact. Corn markets are right at trend line resistance and soybeans are having a hard time pressing above last week’s highs. While our longer term picture is still optimistic I could see reason for…
Free Commentary
By: Dan Hueber – Grain and soy markets have begun the week trading a bit to the soft side but after posting solid closes all around last Friday, the damages appear insignificant. Underpinning prices is the expectation for something positive to emerge on the U.S./China front and while there is…
Daily Market Comments
By: Dan Hueber – Grain and soy markets have begun the week trading a bit to the soft side but after posting solid closes all around last Friday, the damages appear insignificant. Underpinning prices is the expectation for something positive to emerge on the U.S./China front and while there is…