Market Commentary

Daily Comments

Yesterday afternoon, Fed Chairman Jerome Powell delivered a rather gloomy forecast for the U.S. economy for the next couple of years. This, in turn, appears to have burst the bubble in the equity markets that has recently been inflated by ideas of a V recovery and, more recently, a jobs…

Read More

Read More

Free Commentary

Shall we refer to it as the Cristobal Crash?  Well, a crash is a bit of an over-exaggeration.  Maybe Cristobal Crack would be more in line, but regardless of the moniker attached, the rains that pushed into the Midwest over the past 24-hours appeared to be enough to wash away…

Read More

Read More

Daily Comments

Shall we refer to it as the Cristobal Crash?  Well, a crash is a bit of an over-exaggeration.  Maybe Cristobal Crack would be more in line, but regardless of the moniker attached, the rains that pushed into the Midwest over the past 24-hours appeared to be enough to wash away…

Read More

Read More

Free Commentary

With above-average planting progress and respectable crop ratings, the logical assumption would be to expect prices to be under pressure, and that is precisely what we have this morning.  In the case of corn and beans, this would appear to be little more than a breather within a short-term advance….

Read More

Read More

Daily Comments

With above-average planting progress and respectable crop ratings, the logical assumption would be to expect prices to be under pressure, and that is precisely what we have this morning.  In the case of corn and beans, this would appear to be little more than a breather within a short-term advance….

Read More

Read More