If December is supposed to be a month of cheer and good tidings, you certainly would not know it gauging from the performance in the grain and soy markets as we kick off the month. With the exception of meal, which one must suspect is enjoying a bit of spread…
Commentary
Daily Comments
Seeing that I will be traveling in the morning, these comments are being written on Monday evening. While there did not appear to be any specific news to trigger the action, bean finished strong on Monday while wheat was under pressure and corn was doing its best the straddle the…
Daily Comments
Markets around the world are keenly watching the events in China. Not since Tiananmen Square some 33 years ago have so many people taken to the streets to protest against the government there. The zero-covid lockdown policy that Beijing has enforced and the suppression of free speech appear to be…
Weekly Commentary
With year-end rapidly approaching, it seemed like a good time to take more of a macro look at the three major commodities, wheat, corn, and beans. We have certainly had more than our share of weather disruptions during the past couple of seasons, not to mention an ongoing war in…