Commentary

Mar 03, 2023 | For Members

Daily Comments

I will be traveling next week, so Daily Comments may be somewhat abbreviated. When there is little fresh to focus on, the natural tendency is to zero in on whatever news there is at hand, regardless of how old that may be, which is what we seem to be left…

Mar 02, 2023 | For Members

Daily Comments

Despite rumors to the contrary, bulls in the grain and soy markets are not entirely demoralized, as they staged a semi-impressive recovery for the close yesterday. The most dramatic-looking action occurred in corn as spot futures had reached down to challenge the December lows before recovering, but now appear to…

Mar 01, 2023 | For Members

Daily Comments

Newton’s First Law of Motion states that a body at rest will remain at rest unless an outside force acts on it. Once that body is acted upon, it should develop inertia, which should be proportional to the body’s mass, so the greater the mass, the greater the inertia. The…

Feb 28, 2023 | For Members

Daily Comments

As I noted last week, the month of February is seasonally regarded as a downer for the grain and soy markets, and it would appear it has lived up to its reputation this year. If we close out the month right now, nearby corn will have lost 41-cents or 6%….

Feb 27, 2023 | For Members

Daily Comments

We are into the final day and part of trade for February, and as it has turned out, the month has lived up to its reputation as being a downer. Granted, prices did not really turn south for the grains until late last week, and beans are still riding the…