Market Commentary

Two years ago, when inflation appeared to be picking up a head of steam, the most frequent word used to describe the climbing number was “transitory.” At that time, the PPI, or Producer Price Index, which reflects wholesale prices, had risen for nine consecutive months, but even then, it had…

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Grain and soy markets started this week with all the vim and vigor of a young calf who was just let out into a new pasture, but after stomping around there for a few days, it realized there was nothing all the exciting after all. If we closed out the…

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During the week ending the 9th of February, corn sales did slip 12% from the prior week, but we still recorded a very respectable 1,024,500 MT or 40.3 million bushels. Considering this was also 15% lower than the 4-week average, it is evident we have seen a string of solid…

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After logging into my quote system this morning and seeing the tired and sluggish action in the grain/soy trade, my first thought was that the bulls here need a dose of Geritol. My second thought then was that it really dates me as I cannot remember seeing an ad for…

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Happy Valentine’s Day.  Nothing says love quite like the commemoration of a priest who was martyred in 269 but think of the loss the greeting card and card industries would have suffered without his sacrifice.  It turns out that this celebration did not become linked with romance until 1382 when…

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