Market Commentary

Grain markets continue to struggle a bit this morning, while beans and meal appear to have found a token amount of buying interest.  Do keep in mind that spot bean futures closed below the 12.00 mark for the first time since November 2021 yesterday and have reached down to what…

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As we enter this new week, it is evident that the grain and soy markets continue to suffer from a case of the January blues.  With only three days left in the month, it is difficult to imagine we will be able to shake off this disorder, but considering the…

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The grain/soy complex is on track to post its first higher weekly close in the past four weeks. At present, for the week, March corn is up 3-cents, Chicago wheat is up 12-cents, KC up 22-cents, and soybeans plus 4-cents.  While nice for a change, it would appear that this…

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While certainly not unique for a Wednesday, market moving ag news is quite sparse this morning.  During the overnight hours, grain and soy markets are trying to build on the recent strength, but I suspect without some type of fresh bullish input soon, this mini-recovery will soon begin to fade….

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Granted, the day is still in its infancy, but grain and soy markets are trying to extend higher, building on yesterday’s generally positive price action.  While none have moved outside of recent trading ranges nor violated any critical levels of resistance that would send short scampering for the exits, it…

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