Commentary

Weekly Commentary

AUGUST 19, 2022 According to a study recently published by the United Nations, the frequency and duration of droughts worldwide have increased by nearly one-third in the past twenty years.  Here in the United States, more than 40% of the nation is experiencing varying degrees of drought, which is most…

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Daily Comments

With wheat leading the way, this has turned out to be a bit of a rough week for the grain and soy markets.  If we wrapped things up right now, December corn will have lost 26-cents, Chicago wheat 68-cents, and pushed into new lows for the drive, and November beans…

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Daily Comments

Outside of the weekly export sales report, ag-specific news is no more abundant today than it was yesterday, and markets are sagging accordingly.  The domestic weather forecast is still calling for good rains to arrive in the southern plains this coming weekend, and while they may not do much for…

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Daily Comments

Ag-specific news, at least any that would not be a rehash of previous stories, is non-existent this morning.  Weather forecasts are unchanged and generally favorable for crop development, and it would appear we will need to wait until tomorrow morning when weekly sales are released for much of anything to…

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Daily Comments

Evidently, bulls in the grain and soy markets are not going to roll over without a fight, as they did manage to pull prices off the extremes for the close yesterday, albeit not back into positive territory.  Obviously, that meager show of strength did little to diminish the bear’s resolve,…

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