Commentary

Jun 28, 2022 | For Members

Daily Comments

There’s nothing like a bit of crop deterioration to get the bull juices flowing again, and the USDA supplied just such an update yesterday. Do keep in mind that the rating for corn and beans remains better than a year ago at this time, but they did slip by 3%…

Jun 27, 2022 | For Members

Daily Comments

While I see both red and green flashing across my quote feed this morning, as a whole, grain and soy markets are doing little more than running in place. This is quite understandable considering the lineup this week. Not only are we about ready to wrap up another month and…

Jun 25, 2022 | For Members

Weekly Commentary

Fed Chairman Jerome Powell spoke in front of the Senate Banking committee this past Wednesday. When pressed about the heightened risk that the moves the Fed is now undertaking via higher interest rates and reverse QE could result in pushing the U.S. economy into a recession, he responded, “It’s not…

Jun 24, 2022 | For Members

Daily Comments

“And the walls came a’ tumblin’ down.” A chart picture of the performance this week in the grain/soy markets speaks louder than words as we have seen the group press down to the lowest levels witnessed since early April. If we closed right now, for the week corn will have…

Jun 23, 2022 | For Members

Daily Comments

Grain bulls are staring at virtually empty feed bunks again this morning, and in response, more of them are existing their respective yards in search of better nutrition. Understandably for this time of the year, the weather has risen to the top of the ten most important things to watch…