Due to travel, there will be no Daily Comments on Wednesday The Monday optimism appears to have quickly waned as grain and soy markets are generally soft overnight. While it may be nothing more than turnaround-Tuesday-type action, I am not counting on it. Corn and wheat have already washed out…
Market Commentary
Weekly Commentary
It is difficult to pick up a business publication without finding at least one, if not several, economists predicting that the U.S. is headed for a recession sometime this year. I read one recently that expects growth in the first quarter to turn negative, while many seem to think it…
Daily Comments
Weekly export sales for the week ending the 19th of January fell in line with expectations, but we were respectable for the three major commodities. At 910,400 MT or 35.8 million bushels, corn sales were down 20% from the previous week but were still 46% above the 4-week average. Not…