Market Commentary

With the word of gov set to be proclaimed at 11:00 central, any number of things may change between now and the closing bell, but as it stands, this has been another negative week for the grain and soy markets.  At present, for the week, March corn is down 1-cent,…

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Corn and beans sales did improve this last week, but the bar was set pretty low since both had recorded new marketing year lows the previous week.  In fairness, it was still a holiday-shortened week.  At 487,600 MT or 19.2 million bushels, corn sales improved 33% for the week but…

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Wheat, corn, and, to a lesser extent, beans all posted nice recoveries for the close yesterday, and this was after several had stabbed into lower swing lows during the session.  It would not be unusual for these markets to have marked a low with such a performance, but seeing the…

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If I did not know better, I would say the bulls in the grains and soybean markets decided to take an extended New Year holiday, as it appears they have neglected to show up for work thus far in the year.  I guess it is hard to blame them as…

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Grain and soy markets have pretty well picked up where they left off on Friday, as I see red splashed across my quote screen this morning.  The lone exception at this moment is oats, but that market has done nothing more than churn sideways since the beginning of November.  When…

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