Market Commentary

MAY 6, 2022 “It’s not time to worry yet” – Atticus Finch.  In Harper Lee’s classic, To Kill a Mockingbird, these are the words that Atticus uses to try and calm his children during periods of uncertainty.  It would seem that after the past couple of weeks, we could use…

Read More

Read More

As I noted yesterday, we have witnessed a renewed interest in the wheat market over the past several days, driven in part by adverse weather in India and now a growing concern about a hot, dry forecast for much of Europe during the next week to ten days.  While it…

Read More

Read More

As the old saying goes, a rising tide will lift all boats, and it would appear that wheat is doing all it can to bring water back into the bay.  As I noted a few days ago, India is now reassessing their exportable wheat supplies after the recognition that the…

Read More

Read More

After trying to push grain and soy markets lower, with rather limited success, for the first couple of sessions this week, it would appear that bears have given up and turned the controls back over to the bulls.  While we have seen a nice poke higher this morning, led once…

Read More

Read More

The good news is that corn planting doubled in the past week, but of course, the bad news is that it was still more than 50% behind the 5-year average, and with rains falling across much of the upper Midwest and points north, progress promises to remain behind for the…

Read More

Read More