Market Commentary

Once again, the USDA has played the role of the disrupter, this time shocking the bears and delighting the bulls in the grain and soy trade.  September 1st grain stocks were 10% for beans, 11% for corn and 4% for wheat, lower than the average trade estimates, and for good…

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In just a few more hours, we will be wrapping up the month of September as well as the first three quarters of 2020.  I believe I am safe in saying, more than a few people are looking forward to putting all of 2020 behind us but seeing that time…

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With 75% of the corn in the U.S. mature, 10% ahead of the historical average, one would have expected to have seen the harvest pace at a comparable number, but that was not to be the case.  As of Sunday, the USDA estimates that 15% was harvested, which is 1%…

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