Market Commentary

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Daily Comments

The month of May is often associated with new life or new beginnings, hope, and optimism for the future, but for bulls in the grain and soy markets, this month in 2023 will long be remembered for just the opposite.  If we were to wrap up trade right now, nearby…

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Daily Comments

When the closing bell was sounded last Friday, grain and soy markets appeared to be offering a glimmer of hope that this now three-month-old push to the downside may have drawn to a conclusion. Still, the extended weekend seems to have doused any bullish flames that may have been flickering. …

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Daily Comments

When trade kicked off this week in the grain and soy trade, things were looking a bit grim as the group had slid into new lows for the year yet again.  While beans and, to a lesser extent, wheat continued to struggle, corn found new buying interest, and its rising…

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Daily Comments

The corn market appears to have broken away from the bearish pack this week, and while it would be premature to state that we have our spring/early summer lows in place, the action does seem to point in that direction. It is worth pointing out that last week, December futures…

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Daily Comments

Due to travel conflicts again this morning, only technical comments will be published.  Turns out, there is little newsworthy that has not been discussed already.  Export sales in the morning, which should not be very inspiring for the grain markets.   Wheat Bulls in July wheat finally banded together and…

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