Market Commentary

Daily Comments

With little fresh news to kick off the trade for the week, markets have decided to take another swig from the Argentine drought cup, which was enough to lift the beans higher on the open, but the strength appears to have been rather fleeting.  Some are now speculating that the…

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Daily Comments

I will be traveling next week, so Daily Comments may be somewhat abbreviated. When there is little fresh to focus on, the natural tendency is to zero in on whatever news there is at hand, regardless of how old that may be, which is what we seem to be left…

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Daily Comments

Despite rumors to the contrary, bulls in the grain and soy markets are not entirely demoralized, as they staged a semi-impressive recovery for the close yesterday. The most dramatic-looking action occurred in corn as spot futures had reached down to challenge the December lows before recovering, but now appear to…

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Daily Comments

Newton’s First Law of Motion states that a body at rest will remain at rest unless an outside force acts on it. Once that body is acted upon, it should develop inertia, which should be proportional to the body’s mass, so the greater the mass, the greater the inertia. The…

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Daily Comments

As I noted last week, the month of February is seasonally regarded as a downer for the grain and soy markets, and it would appear it has lived up to its reputation this year. If we close out the month right now, nearby corn will have lost 41-cents or 6%….

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