Yesterday, I commented about the confluence of factors that have worked together to push the bean market higher over the past 45-days, but realistically, the same applies to the corn and even wheat markets at this point. If we were to wrap up the week right now, we would find…
Market Commentary
Free Commentary
What do you get when you mix up a hot, dry August, substantial buying by the world’s largest importer, a declining U.S. Dollar, and toss in a dash of acreage reduction for good measure? Well, of course, you get a bean rally souffle. Over the past 20-weeks, spot bean futures have…
Daily Comments
What do you get when you mix up a hot, dry August, substantial buying by the world’s largest importer, a declining U.S. Dollar, and toss in a dash of acreage reduction for good measure? Well, of course, you get a bean rally souffle. Over the past 20-weeks, spot bean futures have…
Free Commentary
I am not sure if there is a logical explanation for it, but it seems that on Wednesday, or Mittwoch, for those literal-minded Germans out there, we are often devoid of much market-making news. “Big” government reports are released either early or late in the week, and outside of daily…
Daily Comments
I am not sure if there is a logical explanation for it, but it seems that on Wednesday, or Mittwoch, for those literal-minded Germans out there, we are often devoid of much market-making news. “Big” government reports are released either early or late in the week, and outside of daily…