In keeping with the shortened trading hours at the CME, comments today will be shortened as well. It would seem that markets have not become too alarmed concerning the weather situation in Argentina so far this year, but that is by no means because the outlook is promising for crop…
Commentary
Daily Comments
Outside of the report that 110,000 MT of beans were sold to China overnight, news for the grain and soy markets is virtually non-existent this morning. Probably just as well as this should allow traders to shut down their screens and get to work on prepping tomorrow’s meal. No doubt,…
Daily Comments
With no earth-shattering news to upset the apple cart, grain and soy markets continue their sideways trek into the holiday season. There is always a risk that with reduced volume and interest, it would not require much to push these markets in one direction or the other, but that does…
Daily Comments
While there remain three days of trade until Thanksgiving, it would appear that a number of bulls have already punched their timecards and have decided to call it a week. Considering the lack of news we have around this morning and the fact that these markets have been doing little…
Weekly Commentary
Before venturing into any market commentary this week, seeing that yesterday marked the 159th anniversary of the delivery of one of the greatest speeches ever presented on U.S. soil, it seems only appropriate to take a few moments to reflect on these profound truths offered to us by President Abraham…