Market Commentary

Daily Comments

While corn and wheat appear content to tread water this morning as we await the monthly releases from Uncle Sam, bean bulls have found new life.  I must admit, I am a little befuddled as to why beans have witnessed this jolt higher, as most news is pretty routine, but…

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Daily Comments

After swooning a bit last week, grain and soy markets have witnessed two-side action this morning, but bulls have failed to find much traction at this time, and prices have begun to slip backward.  Be that as it may, it would seem unlikely that bears will really begin to muscle…

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Daily Comments

While China now appears largely absent from our corn market in April, they were still solid during the final week of March.  Net corn sales for the week ending the 30th totaled 1,246,600 MT or 49 million bushels.  This was 20% higher than the previous week but down 26% from…

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Daily Comments

While we have recovered some at this time, grain and soy markets slipped lower again overnight and appear lost for direction at this point.  The reports released last Friday have been well kneaded into the dough by this time, and Uncle Sam will not provide updates on production and supply/demand…

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Daily Comments

Yesterday’s performance in grain and soy markets was reminiscent of a young calf let out into the pasture when spring had finally arrived.  At first, they leap for joy, celebrating the possibilities of what lay before them, but after jumping about a bit, they recognize things are not all that…

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