Grain and soy markets took a collective swoon yesterday, but obviously, it was not enough to really strike fear into the hearts of the bulls, as they have returned again overnight. If the closing bell were to ring right now, for the week, December corn would have gained 30-cents, December…
Commentary
Daily Comments
Obviously, the USDA is experiencing technical difficulties this morning. The weekly export sales report was delayed but has now been released and is so shockingly large, one has to wonder if it will not be revised. As such, I am not even going to review the figures until there is…
Daily Comments
After struggling to find their footing during the initial hours of trade yesterday, bulls finally got a toe hold, extended the climb, and made solid progress again overnight. Helping support the team has been reports of the extreme temperature in parts of China, another slip in the weekly crop ratings,…
Daily Comments
We have minimal feature in the grain and soy markets as we begin this final full week of August, and while there has been some two-side trade, it would appear that bulls are having a difficult time defending their positions. Fresh news is non-existent, and there are no new weather…