Market Commentary

| For Members

Daily Comments

If anyone ever needed a textbook example of what a “Turnaround Tuesday” looks like, the overnight action in the grain and soy market appears to have provided one. Let’s face it. Pushing the weight of a market uphill is hard work, so these bulls are entitled to a few moments…

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| For Members

Daily Comments

Here we go again. With stepped-up bombing across many areas of Ukraine over the weekend, the name of the game for grain and soy markets this morning is once again “risk-on” as additional premium is being added back into the price structure. I am not sure I will go so…

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Weekly Commentary

Me: During September, job growth slowed down to 263,000 new positions.  Not only was this below expectations, but it was also down from 315,000 last month, and year to date, we are averaging 420,000 new jobs per month, compared with 562,000 on average each month in 2021.  Is this telling…

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| For Members

Daily Comments

Grains and soy markets have been bent just a bit this week, but by no means have they been broken. If we wrapped up trade at this moment, corn would have lost around a penny for the week, Chicago wheat 32-cents, and beans around 12-cents. In light of the fact…

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| For Members

Daily Comments

Export sales were a bit sluggish for the final week of September.  Beans once again posted the best figures with a net of 777,100 MT or 28.6 million bushels.  This was 22% lower than the previous week but fell within the range of expectations.  Mexico was the best buyer with…

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