Markets around the world are keenly watching the events in China. Not since Tiananmen Square some 33 years ago have so many people taken to the streets to protest against the government there. The zero-covid lockdown policy that Beijing has enforced and the suppression of free speech appear to be…
Market Commentary
Weekly Commentary
With year-end rapidly approaching, it seemed like a good time to take more of a macro look at the three major commodities, wheat, corn, and beans. We have certainly had more than our share of weather disruptions during the past couple of seasons, not to mention an ongoing war in…
Daily Comments
In keeping with the shortened trading hours at the CME, comments today will be shortened as well. It would seem that markets have not become too alarmed concerning the weather situation in Argentina so far this year, but that is by no means because the outlook is promising for crop…
Daily Comments
Outside of the report that 110,000 MT of beans were sold to China overnight, news for the grain and soy markets is virtually non-existent this morning. Probably just as well as this should allow traders to shut down their screens and get to work on prepping tomorrow’s meal. No doubt,…
Daily Comments
With no earth-shattering news to upset the apple cart, grain and soy markets continue their sideways trek into the holiday season. There is always a risk that with reduced volume and interest, it would not require much to push these markets in one direction or the other, but that does…