Commentary

Daily Comments

We are all familiar with the concept of the post-Christmas letdown, but it would appear this morning that grain and soy markets are suffering from a case of the Pre-Christmas blues.  Granted, there is little in the news that would be deemed encouraging for the bulls this morning.  Still, obviously,…

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Weekly Commentary

I would like to kick off this week’s letter right where we left off with the last one; Bob Dylan’s song, the Times They Are A-Changin’.  For those of you not immersed in the genre of 1960’s folk music, and as a reminder for the rest of us, here is…

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Daily Comments

While it will not likely set the hearts of too many bulls aflutter, we are looking at a weekly gain on the combination corn, wheat, and bean chart this week. Unlike the previous week, though, the strength was isolated to the corn and wheat portion of the equation, while beans…

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Daily Comments

Solid export sales all around last week.  Beginning with wheat, during the week ending the 8th, we sold 469,000 MT or 17.2 million bushels.  This is 250% higher than the previous week.  At the top of the list, we find unknown destinations taking 164k MT, South Korea with 89.4k, and…

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Daily Comments

While undoubtedly much to the chagrin of those responsible for moving it out of the way, the prayers of those asking for a White Christmas in this country’s upper plains and Midwest have been answered. I understand that the Black Hills of South Dakota have already received upwards of two…

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