Market Commentary

When the closing bell was rung this past Monday, it appeared that the Bull had taken control of the grain and soy markets once again, and we were destined for higher prices.  Well, that was Monday, and that performance now appears to have been the market equivalent of a one-hit-wonder…

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During the week ending the 20th, wheat sales improved 37% from the previous week, coming in at 233,200 MT, or 8.6 million bushels.  Be that as it may, that was still 17% below the 4-week average.  The Philippines were the top buyer taking 72.4k MT, followed by Nigeria with 28.1k…

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After starting the week with all the exuberance of a young calf let out into the pasture after days of confinement, the grain and soy markets appear to have lost some of their enthusiasm.  It would appear that the hot temperatures that have now spread across much of the growing…

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  Grain and soy markets evidently became “overheated” yesterday and have taken a little time overnight to cool off.  Sorry, sometimes I cannot help but toss out the dad joke, much to the dismay of my children and grandchildren.  Thus far, the action would appear to be little more than…

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The famous, or is that infamous, running of the bulls in Pamplona, Spain, kicked off on the 6th of July this year, and it would appear they have now made their way across the Atlantic and have arrived in the grain and soy trade here.  While the number of bears…

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