I apologize in advance, as one never really wants to begin commentary with depressing news, that is unless you are intentionally trying to rile up your readers, but this story is just too large not to lead with. And by large, I mean $31 trillion large. That is the number…
Market Commentary
Daily Comments
The final week of September is synonymous with soybean harvest, and according to NASS, this year is no exception. During the week ending the 2nd of October, American farmers knocked out an additional 14% of the acreage, bringing us to 22% complete. Considering the last spring we experienced, not surprisingly,…
Daily Comments
Grain and soy markets moved into October with a bit of vim and vigor in their steps, but as the morning has moved along, the enthusiasm appears to have waned. Overall, the news is relatively sparse this morning, and while the tensions from the Ukraine/Russia front remain ever present, we…
Daily Comments
We have higher prices across the grain and soy markets as we move into the final hours for this week/month, but the overall performance for corn, wheat, and beans varies dramatically. To paraphrase George Orwell, all commodities are equal, but some are more equal than others. If we wrapped up…