As expected, the harvest pace waned a bit last week, but we remain well ahead of last year and the five-year averages. As of the 26th, NASS estimates that 72% of the nation’s corn has been combined, which compares with a year ago at just 38% and an average of…
Market Commentary
Weekly Commentary
OCTOBER 23, 2020 (My apologies in advance to William Shakespeare) To Stimulate, or not to Stimulate, that is the question: Whether ‘tis nobler in the election to suffer The slings and arrows of bad polling numbers, Or to take arms against a sea of unemployment troubles And by opposing, relieve…
Free Commentary
If anyone had doubts that China has been on a mission to rebuild grain inventory, not to mention take advantage of a profitable spread between domestic and international prices, that should be dispelled with the September import figures. During the month, corn imports were up 675% from a year ago,…