Market Commentary

Daily Comments

Grain and soy markets all experienced a bit of defensive action as we kicked off trade for this week last night, but at this point, only wheat and soy meal remain in the red zone.  Now that we are technically entering the holiday zone, one has to suspect we will…

Read More

Read More

Daily Comments

Daily Comments will be briefer than usual this week as I am once again traveling.  We are now just a few hours away from completing the final full week of trade in November, and it would appear that many have already shifted into holiday mode.  In light of the semi-defensive…

Read More

Read More

Daily Comments

Daily Comments will be briefer than usual this week as I am once again traveling.  While not unexpected, weekly soybean sales have set a new record for the marketing year.  During the week ending the 9th, we sold 3,918,400 MT or 144 million bushels.  China accounted for 67% of the…

Read More

Read More

Daily Comments

Daily Comments will be briefer than usual this week as I am once again traveling.  It’s a typical Wednesday for the news cycle as there is little fresh to look at for the grain and soy trade.  Later today, the NOPA will publish crush data for October, with the trade…

Read More

Read More

Daily Comments

Daily Comments will be briefer than usual this week as I am once again traveling.   Corn harvest moved ahead another 7% last week and stood at 88% complete as of Sunday. This compares with the 5-year average of 86%.  The only three states that really remain off pace are Michigan, 52%…

Read More

Read More