Commentary

Aug 15, 2022 | For Members

Daily Comments

With the August crop production and supply/demand reports now ancient history, three days might as well be three months in commodity time; what is left for markets to focus on? Well, the weather, of course, and the outlook this morning appears to be favorable for crops, but not so much…

Aug 13, 2022 | For Members

Weekly Commentary

AUGUST 13, 2022 While heralded by some as the dawning of a new day and scoffed at by others as little more than a one-off event, we did receive a morsel of good news concerning inflation this past week. The Consumer Price Index for All Urban Consumers (CPI-U) for the…

Aug 12, 2022 | For Members

Daily Comments

Once again, we find ourselves at another report day, and gauging from the overnight action, traders are taking a moment to two of rest to prepare for what may be revealed once the “word of gov” is unveiled. Be that as it may, it has not been a bad week…

Aug 11, 2022 | For Members

Daily Comments

Another blasé week for export sales with numbers well within trade expectations. During the week ending the 4th of August, we 359,200 MT or 13.2 million bushels of wheat. This was a 44% improvement over last but still 34% below the 4-week average. Mexico was the top buyer taking 99.4k…

Aug 10, 2022 | For Members

Daily Comments

Grain and soy markets are generally higher here at mid-week, but as a whole, we have done little more than chop around in the same ranges that we have now for the past month or so. While that is by no means a bad sign, with longer-term indicators still pointing…