Outside of the weekly export sales report, ag-specific news is no more abundant today than it was yesterday, and markets are sagging accordingly. The domestic weather forecast is still calling for good rains to arrive in the southern plains this coming weekend, and while they may not do much for…
Market Commentary
Daily Comments
Ag-specific news, at least any that would not be a rehash of previous stories, is non-existent this morning. Weather forecasts are unchanged and generally favorable for crop development, and it would appear we will need to wait until tomorrow morning when weekly sales are released for much of anything to…
Daily Comments
Evidently, bulls in the grain and soy markets are not going to roll over without a fight, as they did manage to pull prices off the extremes for the close yesterday, albeit not back into positive territory. Obviously, that meager show of strength did little to diminish the bear’s resolve,…
Daily Comments
With the August crop production and supply/demand reports now ancient history, three days might as well be three months in commodity time; what is left for markets to focus on? Well, the weather, of course, and the outlook this morning appears to be favorable for crops, but not so much…