Uncategorized

Sep 01, 2023

Daily Comments

While it may be little more than weekend short-covering, grain and soy market have put on a happier face this morning as we move into to final hours of wrapping up this week, or if you prefer, the beginning hours of a new month. Be that as it may, if…

Aug 17, 2023

Daily Comments

It turns out that sales for new crop beans last week were even better than expected. During the week ending the 10th, we sold 1,407,500 MT or 51.7 million bushels. Of this total, 66%, or 940k MT, were to China, with the next 18% or 258k to unknown destinations. Mexico…

Aug 07, 2023

Daily Comments

Weather is the primary motivator for the grain and soy markets to kick off this week. Beneficial rains move across the Northern Plains and upper Midwest over the weekend, and with more in the forecast for the next seven to 10 days, bears appear to have the better hand, especially…

Jul 17, 2023

Daily Comments

I am traveling during the first two days of this week, and as such, comments will be briefer than normal. We have started this week on a positive note for the grain and soy markets, evidently spurred on by the announcement that Russia will not agree to an extension of…

Jun 01, 2023

Daily Comments

While the recovery in the grain and soy markets began just after the morning break yesterday, the overall complexion in these markets is like night and day compared with just 24 hours ago. As I commented yesterday, considering where we sit in the growing season, it seemed as if we…