Market Commentary

Given the fact that fresh news is nearly non-existent this morning, so will be the morning comments.  The only tidbits of interest I have seen are China reporting that their sow herd was down 1.2% from the previous month and is now 5.2% below a year ago, and a Panama…

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In the United Kingdom, the 26th of December, or the second day of Christmas, is Boxing Day.  While the exact origins of this are unknown, by the Middle Ages, it was a common practice to take gifts to the needy on that day, and often “Christmas Boxes” with presents or…

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Grain and soy markets are trying to put on a happy face before they take a break to celebrate Christmas, but the overall performance this week has not given bulls much of anything to cheer about.  If we closed right now, for the week March corn will have lost 9-cents,…

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Better make sure you have the extra-long tapers burning as we will have reached the Winter Solstice at 9:27 central this evening. Everything should be getting brighter from there, but I am not overly confident if that can translate into better price action in the grain and soy markets.  Of…

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While news is sparse to begin with this morning, very little of it is encouraging, at least for the U.S. ag sector. Brazil has now supplanted the U.S. as the largest corn supplier to China.  During November, they sent 3.22 MMT to that nation, which brought the year-to-date total up…

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