For as much as it’s talked about, especially in the current market environment, volatility is misunderstood by many people. That’s not surprising, it’s a very difficult concept, and something traders spend their whole lives struggling with. It’s the only variable input in the options pricing model, yet people still come Read more…
There are a lot of reasons why the market might react differently than expected when a major piece of information has come out. However, it seems like this has been happening with greater frequency in the grain markets over the past few years. While there might be a few reasons Read more…
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 always revert back to their fundamental value, but we all Read more…
Corn has been something of an interesting trade as of late. Prices have been fairly volatile but within a pretty defined wider range. We could roughly call this range 365-410 with reference to July prices. Looking back even farther, last year’s peak price only topped out at 417. Of course, Read more…