Market Commentary

Daily Comments

I am traveling this week, so daily comments will be briefer than usual. A couple of weeks ago, it appeared as if the wheat market wanted to lead the grain/soy sector out of the depths of despair, but it has now, particularly the Chicago market, reversed course and has extended…

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Daily Comments

I am traveling this week, so daily comments will be briefer than usual. Seeing that we have entered a new month, one can expect that a USDA report will soon follow.  The March supply/demand estimates are on the calendar for this coming Friday, and traded estimates are now filtering in. …

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Daily Comments

I am traveling this week, so daily comments will be briefer than usual. If the performance we witnessed for the close last Friday were indicative of what was in store for the balance of March, it would be another dismal month indeed in the grain and soy markets.  As it…

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Daily Comments

While still faint to the point it is difficult to determine if the light we see ahead is the end of the tunnel or just the next freight train headed our way, the grain and soy markets are poised to post a higher weekly close for the first time in…

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Daily Comments

I have lost count of the thousands of newsletters I have written during the 45-plus years I have been in this business, but I am sure the number published on the 29th of February could easily be counted on two hands.  The next opportunity to do so again will be…

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