Commentary

Daily Comments

Grains and soy markets have been bent just a bit this week, but by no means have they been broken. If we wrapped up trade at this moment, corn would have lost around a penny for the week, Chicago wheat 32-cents, and beans around 12-cents. In light of the fact…

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Daily Comments

Export sales were a bit sluggish for the final week of September.  Beans once again posted the best figures with a net of 777,100 MT or 28.6 million bushels.  This was 22% lower than the previous week but fell within the range of expectations.  Mexico was the best buyer with…

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Daily Comments

I apologize in advance, as one never really wants to begin commentary with depressing news, that is unless you are intentionally trying to rile up your readers, but this story is just too large not to lead with.  And by large, I mean $31 trillion large.  That is the number…

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Daily Comments

The final week of September is synonymous with soybean harvest, and according to NASS, this year is no exception.  During the week ending the 2nd of October, American farmers knocked out an additional 14% of the acreage, bringing us to 22% complete.  Considering the last spring we experienced, not surprisingly,…

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Daily Comments

Grain and soy markets moved into October with a bit of vim and vigor in their steps, but as the morning has moved along, the enthusiasm appears to have waned.  Overall, the news is relatively sparse this morning, and while the tensions from the Ukraine/Russia front remain ever present, we…

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