CFTC Commitments of Traders
Net Positions as of Tuesday, June 09 (Legacy, Futures Only) Corn: Net-long 103,559 contracts (a decrease of 96,383 contracts) HRW Wheat: Net-short 21,263 contracts (an increase of 12,261 contracts) Soybeans: [...]
All the President’s Men
*I’m away from the studio Friday afternoon so there won’t be an audio version Afternoon Commentary. Afternoon Summary: If you are like me, you might be wondering how many of [...]
The Definition of Insanity
Morning Summary: It is widely accepted that a fitting definition of insanity is “doing the same thing over and over again and expecting different results”. Speaking of which, a look [...]
Pay to Play
Afternoon Summary: I’m curious as to how many of you pay to receive the official White House email letting the president’s cronies know when he will be launching more missile [...]
WASDE: June 2026
USDA's June serving of a Nothingburger Wheat The 2026 all wheat production guess came in at 1.543 bb, down 18 mb from May There were no other changes in supply [...]
Corn Export Sales and Shipments
The latest weekly export sales and shipment update showed 2025-2026 marketing year export shipments of U.S. Corn at 2,539 mb (blue column) through Thursday, June 04, a point in the [...]
Soybean Export Sales and Shipments
The latest weekly export sales and shipment update showed 2025-2026 marketing year export shipments of U.S. soybeans at 1,323 mb (blue column) through Thursday, June 04, a point in the [...]
Soybean Meal Export Sales and Shipments
The latest weekly export sales and shipment update showed 2025-2026 marketing year export shipments of U.S. soybean meal at 13,452.77 (1,000 st) (blue column) through Thursday, June 04, a point [...]
Soybean Oil Export Sales and Shipments
The latest weekly export sales and shipment update showed 2025-2026 marketing year export shipments of U.S. soybean oil at 343.8 (1,000 mt) (blue column) through Thursday, June 04, a point [...]
Cotton Export Sales and Shipments
The latest weekly export sales and shipment update showed 2025-2026 marketing year export shipments of U.S. upland cotton at 9,182.8 (1,000 running bales) (blue column) through Thursday, June 04, a [...]
Sorghum Export Sales and Shipments
The latest weekly export sales and shipment update showed 2025-2026 marketing year export shipments of U.S. sorghum at 165 mb (blue column) through Thursday, June 04, a point in the [...]
Wheat Export Sales and Shipments
The latest weekly export sales and shipment update showed 2025-2026 marketing year export shipments of all U.S. Wheat at 860 mb (blue column) through Thursday, June 04, a point in [...]
Beef Export Sales and Shipments
The latest weekly export sales and shipment update showed 2026 calendar-year export shipments of U.S. beef at 291.1 1,000 MT (blue column) through Thursday, June 04, a point in the [...]
Pork Export Sales and Shipments
The latest weekly export sales and shipment update showed 2026 calendar-year export shipments of U.S. pork at 810.3 1,000 MT (blue column) through Thursday, June 04, a point in the [...]
US Drought Monitor
The latest weekly US Drought Monitor update, for the week ending Tuesday, June 9 (slide 1) showed few change this past week (slide 2). Readings across the 3-I states (Iowa, [...]
From “Terrifying” to “Little Pest”
Morning Summary: An initial check of the commodity complex, and subsequent reading of headlines, showed me there wasn’t much change regrading two of the three major talking points of the [...]
What’s Love Got to Do With It?
Afternoon Summary: As we close the books on today’s session, there are a couple things I can tell you for sure: First, it is a Wednesday, the first day of [...]
A New Week Begins
Morning Summary: Was the commodity complex what I expected to see pre-dawn Wednesday morning? Not necessarily, but that’s what keeps this job interesting. Given the headlines Tuesday afternoon of the [...]
The Cycle Continues
Afternoon Summary: If you are in the commodities complex, and your desk is starting to look like a well-stocked bar, I understand. The days of being able to use logic [...]