With no new twists or turns coming from the Black Sea region this morning, markets a left with little fresh news to provide incentive. Weekly export sales have been released, and while they have fallen in line with expectations, there is little in the numbers that would be considered inspiring. …
Market Commentary
Daily Comments
While Vladimir Putin’s war against Ukraine has certainly not been going as intended, his war against the sanity of commodity traders has been quite effective this week. As you have undoubtedly heard or read, after stating that they would no longer honor the UN-brokered grain deal to allow a corridor…
Daily Comments
There is only one story of note in the grain and soybean markets this morning, and that is the surprise announcement on Saturday that Russia no longer intends to honor the UN-brokered grain deal for the Black Sea, let alone negotiate an extension. Realistically, this should not come as a…
Weekly Commentary
Sitting down at my keyboard once again, confronted with the prospect of writing about inflation, GDP, or what Jerome Powell and his companions may be doing next, I was feeling rather uninspired. Call it writer’s block if you wish, but it seems that there is little new we have learned…