Financials
The S&P 500 ($INX) to its major (long-term) uptrend during April, extending the move to a new all-time high of 7,219.83 before closing at 7,209.01, up 10.4% for the month. [...]
Currencies
The US dollar index ($DXY) confirmed a new major (long-term) uptrend by completing a bullish key reversal during March. Theoretical Positions: If still short heading into March, investors would’ve covered [...]
Soybean Crush: March 2026
The March 2026 Oilseed Crushings report from USDA/NASS was released on Friday, May 1. 227 mb of soybeans were reportedly crushed during March as compared to 214 mb during February [...]
CFTC Commitments of Traders
Net Positions as of Tuesday, April 28 (Legacy, Futures Only) Corn: Net-long 340,740 contracts (an increase of 77,008 contracts) HRW Wheat: Net-long 12,640 contracts (a decrease of 1,698 contracts) Soybeans: [...]
Springtime in the Rockies
Afternoon Summary: As closing bells continue to sound across the market landscape, I can’t help but think of springtime in the Rockies. It would be a great afternoon to go [...]
Export Sales Announcement
USDA announced sales of 148,240 mt of corn to unknown destinations. 78,240 mt for the 2025-2026 marketing year 70,000 mt for the 2026-2027 marketing year
A Chilly Start to May
Morning Summary: While not quite husky weather, it is a bit on the cool side as the merry, merry, month of May gets under way. My Fargo friends are seeing [...]
Two Out of Three Ain’t Bad
Afternoon Summary: The end of April means two out of three spring months are now behind us. As any old person would say, I can’t believe how fast time has [...]
Corn Sales and Shipments
The latest weekly export sales and shipment update showed 2025-2026 marketing year export shipments of U.S. Corn at 2,129 mb (blue column) through Thursday, April 23, a point in the [...]
Soybean Sales and Shipments
The latest weekly export sales and shipment update showed 2025-2026 marketing year export shipments of U.S. soybeans at 1,202 mb (blue column) through Thursday, April 23, a point in the [...]
Soybean Meal Sales and Shipments
The latest weekly export sales and shipment update showed 2025-2026 marketing year export shipments of U.S. soybean meal at 11,342.15 (1,000 st) (blue column) through Thursday, April 23, a point [...]
Soybean Oil Sales and Shipments
The latest weekly export sales and shipment update showed 2025-2026 marketing year export shipments of U.S. soybean oil at 335.4 (1,000 mt) (blue column) through Thursday, April 23, a point [...]
Cotton Sales and Shipments
The latest weekly export sales and shipment update showed 2025-2026 marketing year export shipments of U.S. upland cotton at 7,389.0 (1,000 running bales) (blue column) through Thursday, April 23, a [...]
Sorghum Sales and Shipments
The latest weekly export sales and shipment update showed 2025-2026 marketing year export shipments of U.S. sorghum at 143 mb (blue column) through Thursday, April 23, a point in the [...]
Wheat Sales and Shipments
The latest weekly export sales and shipment update showed 2025-2026 marketing year export shipments of all U.S. Wheat at 787 mb (blue column) through Thursday, April 23, a point in [...]
Pork Sales and Shipments
The latest weekly export sales and shipment update showed 2026 calendar-year export shipments of U.S. pork at 602.5 1,000 MT (blue column) through Thursday, April 23, a point in the [...]
Beef Sales and Shipments
The latest weekly export sales and shipment update showed 2026 calendar-year export shipments of U.S. beef at 211.7 1,000 MT (blue column) through Thursday, April 23, a point in the [...]
US Drought Monitor
The latest weekly US Drought Monitor update, for the week ending Tuesday, April 28 (slide 1) showed drought readings were largely unchanged this past week (slide 2). Readings across the [...]
It Was a Wednesday
Afternoon Summary: Around midday, a good friend in the brokerage industry called and said, “I think I know what your answer will be, but how do you explain what is [...]