Market Commentary

With the extended Labor Day weekend behind us, we have begun the countdown to harvest, and from the looks of the performance in the soy complex this morning, it would appear they are approaching it with a bit of trepidation. Soy meal is leading the charge this morning and while…

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Could it be that we are finally beginning to see a slowdown in the labor market in this nation?  No doubt, for employers who have struggled to find people to fill positions, this would come as welcome news, as well as for those looking for a reason to think the…

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Yesterday turned out to be a rather rough day for the commodity sector, and in fact, the same can be said for the week as a whole.  Some of this can probably be chalked up to month-end positioning and the fact that we have a long weekend dead ahead, but…

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In yesterday’s letter, I commented that we would see weekly export sales in the morning, “assuming” the FAS had worked out the bugs in their new system.  Of course, we all know what can happen when you assume things.  As it turns out, there are evidently a few kinks that…

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We are now within just a few hours of completing 2/3rds of the calendar year, and grain and soy markets are struggling just a bit.  For the month, the gains in December corn have been equally offset by losses in November beans, so with December wheat currently down about a…

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