While one would have to believe the market influence would be primarily psychological, the biggest story we find this morning is that the first ship loaded with Ukraine grain since February has set sail from Odessa. The Razoni, a Sierra Leone flagged vessel, is loaded with 26,000 MT of corn…
Market Commentary
Weekly Commentary
Finally, financial publications, economists, both actual and make-believe (I am not a real economist, but I play one on TV), and politicians have something to obsess about other than inflation. The only problem is that it has now evolved into a discussion as to if we are in a recession…
Daily Comments
The end-of-month rally in the grain/soy complex has extended once again, and outside of wheat bulls taking a moment to catch their breath yesterday, it has shown little sign of letting up just yet. The dominant feature that appears to be driving prices higher is the forecast for heat to…