Market Commentary

Daily Comments

Once again, we have all gathered at the foot of Mt. DC and await commandments from on high.  With little else to keep the masses entertained, it would appear that a few of them have decided to abandon their positions and have retreated to perceived safety on the outskirts of…

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Weekly Commentary

SEPTEMBER 10, 2022 While I would hesitate to call it a charm offensive, members of the Federal Reserve were out in force during the past week, seemingly laying the groundwork for the next rate hike.  The meeting itself will not commence until the 20th of the month, but we have…

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Daily Comments

As it turns out, we may be able to build a little risk premium into the grain/soy complex this week (emphasis grains) after all.  If we wrapped things up right now, December corn would have gained 8-cents for the week, December wheat 36-cents, but November beans will have lost around…

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Daily Comments

By no means would I describe it as a Black Swan event, as the world is certainly aware of the fact that we are sitting on a powder keg, both literally and figuratively, with the situation in Ukraine, but the comments by Putin yesterday indeed came as a surprise and…

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Daily Comments

It is difficult to regard a nation that initiated an unprovoked invasion, or “special military operation,” on a neighbor, with little more rationale than one man’s belief that they have historical and cultural sovereignty, a victim, but obviously, Vladimir Putin thinks otherwise.  Speaking at an economic forum this morning, he…

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