A number of disappointing yield reports from the Pro Farmer crop tour were just the elixir that bulls needed to put a little pep in their step again, and we have grain and soy prices back up into levels we have not traded for weeks. As Yogi Berra once quipped,…
Market Commentary
Daily Comments
After struggling to find their footing during the initial hours of trade yesterday, bulls finally got a toe hold, extended the climb, and made solid progress again overnight. Helping support the team has been reports of the extreme temperature in parts of China, another slip in the weekly crop ratings,…
Daily Comments
We have minimal feature in the grain and soy markets as we begin this final full week of August, and while there has been some two-side trade, it would appear that bulls are having a difficult time defending their positions. Fresh news is non-existent, and there are no new weather…
Weekly Commentary
AUGUST 19, 2022 According to a study recently published by the United Nations, the frequency and duration of droughts worldwide have increased by nearly one-third in the past twenty years. Here in the United States, more than 40% of the nation is experiencing varying degrees of drought, which is most…