Market Commentary

| For Members

Daily Comments

Outside of a bit of volatility on Monday and Tuesday, grain and soy markets have done little more than mark time this week.  Such action is by no means unusual ahead of a USDA report, particularly when most other market influences have become neutered or old.  If we wrapped it…

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| For Members

Daily Comments

I am traveling on Wednesday and Thursday this week, so comments will be briefer than usual.  For the week ending August 3rd, wheat set a marketing year high of 567,600 MT or 20.8 million bushels.  This was an improvement of 35% for the week and was 86% above the 4-week…

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| For Members

Daily Comments

I am traveling on Wednesday and Thursday this week, so comments will be briefer than usual.  The USDA has stated that they will be looking at their own data, as well as that from FSA and the RMA, concerning planted and harvested acreage figures for barley, oats, and wheat for…

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| For Members

Daily Comments

While weekly crop ratings are changing very little and should really not be much of a market-moving factor at this stage in the game, when there is little else to focus on, that is what we trade.  Last week, the condition report for both corn and beans improved by 2%,…

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Daily Comments

Weather is the primary motivator for the grain and soy markets to kick off this week.  Beneficial rains move across the Northern Plains and upper Midwest over the weekend, and with more in the forecast for the next seven to 10 days, bears appear to have the better hand, especially…

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