No doubt the Thanksgiving feast at the homes of the grain bulls was a bit spartan last week, but they made do anyway. But I am now suspecting that some nefarious characters slipped into their kitchens during the wee hours of the morning and laced the cranberry sauce with a…
Market Commentary
Daily Comments
There will be no Weekly Commentary this weekend. I hope everyone had a safe and enjoyable Thanksgiving. We have a shortened day of trade to finish the week, and news is sparse, so this morning’s commentary will stay in keeping. After the extremely large numbers posted the previous week, export…
Daily Comments
I would dare say that many market participants are more interested in what time Thanksgiving dinner will be served tomorrow and how quickly Uncle George will drift off into a post-meal stupor than trading today. Of course, the fact we have little more than a repeat of previously discussed news…
Daily Comments
The ongoing concerns about planting progress and weather in Brazil helped the corn and bean markets shake off the early morning blues yesterday and finish higher for the day. The move in beans was particularly impressive as after poking down to test critical support, they posted an outside higher reversal,…