Market Commentary

Daily Comments

Granted, we were in the midst of the holidays, but the weekly export sales reported this morning will do little to lift the spirits of grain/soy markets that have already suffered a rough week. For the week ending the 29th, for wheat, we sold just 47,100 MT or 1.7 million…

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Daily Comments

With the possible exception of gold, commodities, in general, have not gotten off to a very optimistic start for this new calendar year.  Granted, it is only the 5th day of the month, so one can hardly draw any conclusions as to if this is a foretaste of what is…

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Daily Comments

It would appear that bulls forgot to show up for the first trading day of 2023, as we suffered losses across the grain and soy markets. Beans have witnessed a semi-anemic rebound overnight, but corn and beans continue to struggle. Does this suggest that the rally party is over for…

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Daily Comments

While we have certainly grown accustomed to it, nearly round-the-clock trading in the grain and soy markets has only been around for a little more than a decade.  Of course, that is more than ample time for it to become the norm, so it feels a bit unsettling to start…

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Weekly Commentary

No doubt most of us are familiar with the idiom, “can’t see the forest for the trees.” While the origin of the phrase cannot be precisely pinpointed, the first know publication of the term dates all the way back to 1546, when John Heywood wrote, “from him who sees no…

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