Downright discouraging performance into the close for the grain and soy markets last Friday, and sans wheat, the action to begin the week has not cheered up the bull either. It is by no means to see an initial rally sputter out and retrace, and it would appear that we…
Market Commentary
Daily Comments
I will be traveling through Thursday this week, so morning comments will be briefer than usual. Weekly export sales all fell well within the range of trade estimates, with only beans showing an improvement from the previous week. For the week ending the 12th, we sold 1,371,900 MT or 50.4…
Daily Comments
I will be traveling through Thursday this week, so morning comments will be briefer than usual. We have reached midweek, and thus far, only the bean market has exhibited any positive life. It would appear that they are single-handedly trying to lift the group out of the doldrums (assisted by…
Daily Comments
I will be traveling through Thursday this week, so morning comments will be briefer than usual. Harvest progress continues to remain ahead of pace, particularly for beans. Last week, producers harvested another 20%, with 62% of the crop now in the bin. This compares with an average pace of 52%. …