Market Commentary

While we have seen reasonable moves in the grain and soy markets over the past couple of months, spreads are really where we have witnessed some of the most dynamic swings. Since December, the March/December corn spread moved from around $.45 premium the December to now more than $.85 premium….

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After a generally rough start for the week in the grain and soy trade, we have witnessed a nice rebound in prices overnight.  If this can develop into anything more than a turnaround-Tuesday bounce is yet to be determined, but I do suspect it will have been nothing more than…

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From the looks of it, grain and soy traders got out on the wrong side of the bed this morning, and by the time they reached their screens were feeling just a bit surly. Obviously, the mood has not improved as the morning has progressed, and the psychology appears to…

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And they’re off.  This week’s announcement by Treasury Secretary Janet Yellen that the U.S. government has hit the borrowing limit of $31.4 trillion is akin to a referee firing that starting pistol to kick off a race.  Of course, in this race, at stake is not a medal or trophy…

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After a few weeks of rather lackluster export sales, it was the holidays, after all, we have respectable numbers to report from this latest release.  For the week ending the 12th, we sold 473,100 MT or 17.4 million bushels of current crop year wheat.  This was five times greater than…

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