Market Commentary

Daily Comments

While the tweaks that the USDA made in the December supply/demand report ranged from non-existent to insignificant, it was still enough to inspire additional liquidation in wheat and some renewed buying in beans. I struggle a bit to understand why an unchanged 340 million bushels carryout in beans would be…

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Free Commentary

So often, we approach report days with quite a bit of hype, nervous excitement, and a certain trepidation, but this is December after all.  Not only are well looking at holiday reduced trade and interest but knowing that there will be no changes in the domestic production figures and that…

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Daily Comments

So often, we approach report days with quite a bit of hype, nervous excitement, and a certain trepidation, but this is December after all.  Not only are well looking at holiday reduced trade and interest but knowing that there will be no changes in the domestic production figures and that…

Read More

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Free Commentary

I suspect it is probably classified as one of the one-hit-wonders, but back in the early 1970s, a band by the name of Stealers Wheel made the pop charts with the song, Stuck in the Middle With You.  The song’s chorus was, “Clowns to the left of me! Jokers to…

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Daily Comments

I suspect it is probably classified as one of the one-hit-wonders, but back in the early 1970s, a band by the name of Stealers Wheel made the pop charts with the song, Stuck in the Middle With You.  The song’s chorus was, “Clowns to the left of me! Jokers to…

Read More

Read More