Market 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…

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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…

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In a nutshell, export sales for grains and beans last week could be described as lukewarm.  Neither hot or cold, but of course, from a biblical sense that leaves them in the category of only worthy of being spit out, or if you prefer the King James version, I will…

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Gauging from the lack of substantive ag-related news this morning, one could guess that it is Wednesday, and of course, you would be correct. There are the now routine stories of how the war in Ukraine is disrupting grain shipments in that region, and the White House has now floated…

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Not unlike the proverbial stories of Lemmings following each other off the edge of a cliff, financial and ag markets toppled lower to varying degrees as we began this week.  Much was made of the losses in the equities, as the S&P 500 officially dipped into bear territory for the…

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