Just in case anyone thought that the volatility in the grain/soy markets had subsided, the 10% to 20% swings we have witnessed in the past week should pretty well dispel that notion. Seasonally, this is the time of year that volatility in options does peak, but that by no means…
Commentary
Weekly Commentary
JULY 8, 2022 Anyone who has read this letter for any length of time has undoubtedly recognized that I am a proponent of charting and technical analysis. Understandably, not everyone shares this view; many think it will do little more than show you where you have been, not where you…
Daily Comments
When the grain and soy markets opened this week, there was much wailing and gnashing of teeth, which in commodity parlance means margin call liquidation. In hindsight, that was wrapped up in relatively quick order, and the combined group has filled gaps that were left when markets opened and returned…
Daily Comments
Everyone was marched out to the woodshed yesterday for a dressing down, and while prices have snapped back overnight, it is difficult to regard it as much more than a dead cat bounce at this point, particularly seeing that the strength has fizzled as the day has progressed. That said,…