Commentary

Oct 20, 2022 | For Members

Daily Comments

Granted, it will likely have little to no impact on most of our lives, but we saw history in the making this morning. Liz Truss has officially become the shortest-serving Prime Minister in the history of Great Briton, serving not quite 45 days in that role. The previous record holder…

Oct 19, 2022 | For Members

Daily Comments

While wheat has posted a modest recovery overnight, corn and beans are struggling once again. As is often the case at midweek, fresh news is rather sparse, and when that is the case this time of year, especially when weather is conducive to harvest progress, the path of least resistance…

Oct 18, 2022 | For Members

Daily Comments

The 2022 U.S. harvest is moving forward at a clipper pace, with beans now estimated to be 63% complete and corn 45%. This takes beans ahead of last year’s pace, 58%, and the 5-year average of 52. Corn is still 5% behind last year’s pace but is 5% ahead of…

Oct 17, 2022 | For Members

Daily Comments

Unlike last Monday, the wheat market has been spurred higher because of an escalation of the war between Ukraine and Russia, but with far less urgency than we witnessed a week ago. As is typical with all markets, the longer we have talked about and traded on a specific story…

Oct 15, 2022 | For Members

Weekly Commentary

OCTOBER 15, 2022 Unless you are living in the United Kingdom, where the financial system appears to be in a state of complete bewilderment and disarray, or is that bloody bewilderment and disarray, there was only one economic story this week that everyone was obsessing about: INFLATION. Of course, that…