Due to a speaking engagement this morning, Daily Comments will be relatively brief. Trade estimates for the quarterly grain stocks and prospective planting reports are as follows: March 1st stocks of corn are expected to come in at 8.427 billion bushels (a 5-year high), beans at 1.828 billion (a 2-year…
Market Commentary
Daily Comments
Led by soybeans, the grain/soy complex tried to push higher yesterday but appear, for the grains, enthusiasm appears to be lacking. I light of the fact that we have several important reports on tap for the end trading week, will be wrapping up another month, as well as the first…
Daily Comments
I will be traveling through the 25th, so the Daily Comments may be briefer than usual between those dates. Trade estimates for the quarterly grain stocks and prospective planting reports filtered in over the weekend and break down as follows: March 1st stocks of corn are expected to come in…
Daily Comments
I will be traveling through the 25th, so the Daily Comments may be briefer than usual between those dates. While one might be hard-pressed to believe so in light of the overnight action, at this point, the grain/soy markets remain higher for the week. If the closing bell were to…
Daily Comments
I will be traveling through the 25th, so the Daily Comments may be briefer than usual between those dates. Heavy rains have continued in Argentina, which at this point no longer translates into “rain makes grain.” Some growing areas have witnessed nearly 12 inches during March, and there have been…