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Jan 17, 2024

Daily Comments

While temperatures here in Northern Illinois have now climbed into positive territory this morning for the first time in days, +5 degrees Fahrenheit as I write, grain and soy markets remain in the deep freeze. While I believe we should begin to see these markets warm up soon as well,…

Nov 13, 2023

Daily Comments

Wheat Selling has carried over into a new week in December wheat, and we have slid to lower lows for the third session in a row. We appear to be looking at nothing more than a complex correction in the market, but with the oscillator still pointing lower, we could…

Nov 01, 2023

Daily Comments

While I see primarily green splashed across my quote screen for the grain and soy markets this morning, the gains are not exactly what you would call enthusiastic. If this is indicative of what we have in store for the month of November, it may not be a tremendously exciting…

Oct 09, 2023

Daily Comments

Grain and soy markets have kicked off this new week with positive trade but thus far remain contained within last week’s ranges. Corn and, to a lesser extent, wheat have been the upside leaders as of late, but when you look at the overall progress the grains have made…

Oct 05, 2023

Daily Comments

At first glance, the weekly corn export sales figure of 1,816,000 MT, or 71.5 million bushels, looks quite impressive, but that number was actually below even the lowest trade estimate. As noted previously, Mexico has been on a buying spree, and last week accounted for 63% of the net total,…