While the soy market continues to struggle with additional long liquidation this morning, corn and wheat appear to have found renewed buying interest. While this may be little more than Turnaround Tuesday type trade, even though it is coming about on a Wednesday this week, wheat especially has returned to…
Commentary
Daily Comments
I was always under the impression that the Summer Solstice, which happens to be today, was a time for joyful celebrations. In Scandinavia, where the sun never sets at this time of year, they mark the occasions with dancing around the Maypole, bonfires throughout the night, and maybe even a…
Weekly Commentary
JUNE 17, 2022 “It is difficult to make predictions, particularly about the future.” No one is quite sure who first uttered these words of folk wisdom. Throughout the years, it has been attributed to Danish philosophers, Mark Twain, and even Yogi Berra. Gosh, for all I know, Plato may have…
Daily Comments
A week ago today, soybeans proudly were carrying the bull torch and appeared to be headed for the stadium, but somehow stumbled on Monday morning and could never fully recover. If we wrapped up the week right now, nearby futures will have lost over 30-cents. While some may have assumed…