Grains COT update

Lately we've had some choppy trade in the Ag markets. Fundamentals seem to point lower, technicals seem to point higher, demand is sometimes robust and other times questionable, supply is ample, but the trade war looms over all. The market

Continue Reading

What to do with Corn

Over the past 3 weeks the Corn market has been a little bit volatile. This isn't the rip your face of double limit up volatility of years past, but volatility in the new sense, the new normal...for now. We've seen

Continue Reading

USDA report prep for 9/12/18

There seems to be tons of information out already about the large crop. Could we be surprised with this number? We doubt it, yet front month vol is quite high given all the knowns that are already out there. Oct

Continue Reading

Aug Month End, Where Do We Stand?

The last trading day in Aug is upon on and we are seeing soybeans bounce after coming within 2 cents of the mid-July double bottom.  This could be the beginning of a turnaround, or just some month-end profit taking after a 70¢

Continue Reading

Path of Least Resistance Looks Lower

Finishing up the growing season and heading into harvest, the path of least resistance looks to be to the downside for Corn, Beans and Wheat. Corn looks to want to test its recent low in Dec of 366 from Aug

Continue Reading

COT shows no short covering, now what?

Last week we saw the Corn market rally 7 3/4¢ and the Soybean market up 10 3/4¢. Not a huge move, but definitely a continuation of the grind higher. Many "analysts" estimated funds buying futures (covering their shorts) every day

Continue Reading

COT should show trends shifting

The COT report is projected to show the first major fund net purchases in Corn and Soybeans since early May. The numbers will be released later this week but will report on positions as of July 24. This tends to make sense

Continue Reading