Commentary

Daily Comments

Corn bulls made it known yesterday that they still exist, but all they have managed to do is cling to levels of support developed over the past week.  A similar story has unfolded in beans as of late, and while that market has remained in the upper 10% of the…

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Daily Comments

While beginning with a bit of bullish enthusiasm yesterday, grain and soy markets were looking uninspired and weary by the time the closing bell had wrung. With the protests in Brazil quickly quelled and nothing new that appears to be threatening the movement of grain there or in the Black…

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Daily Comments

We have officially kicked off the first full week of trade in 2023, and the only market showing much life is beans.  One has to suspect that the political unrest that occurred over the weekend in that nation’s capital has raised the bar of uncertainty for those in the bean…

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Weekly Commentary

As expected, the U.S. economy created fewer jobs in December than the previous month and has now done so in each of the past five. Be that as it may, we still added 223,000 new positions, compared with economists’ expectations of 220,000. The figures for October and November were revised…

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Daily Comments

Granted, we were in the midst of the holidays, but the weekly export sales reported this morning will do little to lift the spirits of grain/soy markets that have already suffered a rough week. For the week ending the 29th, for wheat, we sold just 47,100 MT or 1.7 million…

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