Commentary

Sep 20, 2022 | For Members

Daily Comments

We appear to have a bit of role reversal going on this morning, as grain markets are trending higher while beans are struggling just a bit. In light of the fact that 24 hours ago, we were looking at just the opposite type of action, it tends to make one…

Sep 19, 2022 | For Members

Daily Comments

Do you remember the old children’s game Simon Says? Simon Says, take one step forward. Now, take another step forward. Whoops, Simon did not say that, so now you need to take two steps back. It would appear that the grain and soy markets are currently playing some version of…

Sep 16, 2022 | For Members

Weekly Commentary

SEPTEMBER 16, 2022 When I was younger and far more naïve than I am today, by which I mean last week, I was under the erroneous understanding that the letters CPI stood for Consumer Price Index. After witnessing how events have unfolded this week, I now realize they are actually…

Sep 16, 2022 | For Members

Daily Comments

By the time the closing bell had rung on Monday, bulls in grain and soy markets must have felt they we on top of the world. The USDA had surprised everyone with a reduction in acreage figures, and then to add a little extra frosting to the celebration cake, the…

Sep 15, 2022 | For Members

Daily Comments

Without a doubt, the headline story this morning is the report that railroads and their employees have reached a tentative agreement. While this still needs to be ratified by the rank-and-file members, you could hear the massive sigh of relief that was let out from Washington all the way across…