Market Commentary

Daily Comments

The first word that comes to mind when I look at the overnight performance in the grain and soy markets is uninspired.  We have witnessed a bit of two-sided action, and the only market that has moved outside of current ranges is meal, which did stab in a slightly lower…

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Daily Comments

  While still lower for the week, grain and soy markets are trying to put on a positive show as we move into the final hours of trade for the week.  If the group can hold the strength for the close, it will be the first time they have strung…

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Daily Comments

While beans are not exactly doing anything particularly encouraging, the grain markets appear to be wearing the cement galoshes this week as they slowly sink deeper into the lake.  Evidently, they got on the wrong side of the commodity mafia.  Granted, even the deepest lakes do have a bottom, and…

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Daily Comments

While temperatures here in Northern Illinois have now climbed into positive territory this morning for the first time in days, +5 degrees Fahrenheit as I write, grain and soy markets remain in the deep freeze.  While I believe we should begin to see these markets warm up soon as well,…

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Daily Comments

Last Friday, the USDA once again assumed the role of the grim reaper as it cut off another swath from the few remaining bulls in grain and soybean markets.  I should have known something was awry when the opening bells sounded eerily like a banshee wailing.  Having had an extra…

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