Market Commentary

Daily Comments

There was a faint glimmer of hope late last week that the ongoing negotiations between Ukraine and Russia could produce something positive over the weekend. Seeing that was not the case, commodity markets are on a mission to restore risk premium this morning. Evidently, Russia’s idea of a peace settlement…

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Weekly Commentary

MARCH 18, 2022 Maybe we were going through some type of fiscal and monetary Advent season, but after seemingly months of anticipation, the wait is over.  This past week, Federal Reserve boosted the Fed Funds rate 25-basis points, the first increase since 2018.  As with just about anything that has…

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Free Commentary

In the classic story, Through the Looking Glass, by Louis Carrol, an exasperated Alice exclaimed, “In our country, you’d generally get somewhere else, if you ran very fast for a long time, as we’ve been doing.” To this, the Red Queen responded, “Now, here, you see, it takes all the…

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Daily Comments

In the classic story, Through the Looking Glass, by Louis Carrol, an exasperated Alice exclaimed, “In our country, you’d generally get somewhere else, if you ran very fast for a long time, as we’ve been doing.” To this, the Red Queen responded, “Now, here, you see, it takes all the…

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Free Commentary

In what can only be described as a big risk-off day, the grain and soy market provided us with a solid washout yesterday and, as a group, closed at the lowest point since the 2nd of this month. Prices have rebounded this morning, but could this have been a foretaste…

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