Debates over the yields are raging right now, but does it really matter? Of course it will matter when it all gets sorted out, but it may not help as much as you'd expect in the short term. The markets
Continue Reading
Are you reading and reacting to news on the markets and trade deals? If you are, you're too late. If you think China announces to the world they are going to buy and then lets the market bid itself up
Continue ReadingLately 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 ReadingOver 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 ReadingThere 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 ReadingThe 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 ReadingFinishing 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 ReadingIt's more appropriate to call the USDA report non-bullish than bearish. Everyone knew the crop would be huge, that was no real surprise. Still, the market broke aggressively. Where does that leave us? With Beans and Corn holding the overnight
Continue ReadingLast 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 ReadingThe 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