It’s Déjà vu All Over Again
Soybeans: I’m going to change the batting order completely this afternoon, moving the soybean market to lead off instead of the usual Opening Summary. Why? Because of a headline I [...]
Soybeans: I’m going to change the batting order completely this afternoon, moving the soybean market to lead off instead of the usual Opening Summary. Why? Because of a headline I [...]
Afternoon Summary: The commodity complex had a number of interesting sectors Wednesday – no, not Grains – with both Metals and Energies staying in the spotlight. In Metals, while March [...]
Afternoon Summary: At noon (ET), the US ag industry throng awaiting manna from heaven was instead given a big ol’ nothingburger from USDA. I’ll go over the numbers in the [...]
Afternoon Summary: A look at the Barchart Futures Market Heat Map Monday afternoon tells us a familiar story: The Commodity complex was mostly in the green, led by Metals with [...]
Afternoon Summary: You may be wondering about the title of today’s Afternoon Commentary, “First Friday February Fiddle Faddle Funds”. It’s a combination of what stood out to me as we [...]
Afternoon Summary: It didn’t matter what sector you were looking at Thursday, an adult beverage or three this afternoon will be welcome. In Metals, March silver lost as much as [...]
Afternoon Summary: As the old saying goes, “Fool me once, shame on you. Fool me 3,650 times, shame on me.” The last 10 years it has been the same thing: [...]
Afternoon Summary: Tuesday’s session was a paradox, in a number of markets. Metals made historic rallies, particularly gold as it gained as much as $365.50 (7.9%) but were still boring [...]
Afternoon Summary: How best to describe today’s market action? Well, it was indeed a Monday, the first trading day of the new month and Groundhog Day as the cherry on [...]
Afternoon Summary: Do you remember yesterday when I talked about how volatile the Metals sector had become. That was nothing compared to what we saw Friday. I received a message [...]
Afternoon Summary: My guess is most of you were too busy to keep a close eye on what happened in the Metals sector Thursday. Let me do my best to [...]
Afternoon Summary: As I mentioned in Quick Takes, the US Federal Open Market Committee, the Fed for short, voted to keep interest rates unchanged during its January meeting, the decision [...]
Afternoon Summary: A look at the long-term monthly chart for the US dollar index Tuesday afternoon and lyrics from the Lynyrd Skynyrd classic “That Smell” came to mind. Specifically, “Ooh, [...]
Afternoon Summary: Visiting with Jesse Allen, my friend and host of the Agriculture of America talk show Monday morning, and our conversation began with Jesse asking, “With all that is [...]
Afternoon Summary: We already knew Winter Storm Fern (Fear the Fern) sparked a buying frenzy reminiscent of Covid, but this mentality went beyond the grocery store to the commodity complex [...]
Afternoon Summary: These days, there are three things we can count as near certainties: Death, taxes, and gold and silver hitting new highs. (Notice I applied the Vodka Vacuity (there [...]
Afternoon Summary: A look at markets Wednesday afternoon and considering what has been said by the US administration both domestically and at the World Economic Forum in Davos today, and [...]
Afternoon Summary: Tuesday’s session played out largely as expected. After early morning financial television led with the teaser, “Sell America”, one of the first headlines I saw following the sharply [...]
Afternoon Summary: Honestly, I have no problem with anyone who has already checked out of this week’s market commentary and headed to their local watering hole for a shot or [...]
Afternoon Summary: Markets are starting to remind me of a rousing game of pickleball[i], only without the fun name. While Wednesday was driven by Watson, Thursday’s session found commercial traders [...]
Afternoon Summary: Watson was busy as a new positioning week got under way Wednesday. I’ll talk about the Grains sector in more detail shortly, but there were other markets that [...]
Afternoon Summary: There only a few items that stood out to me as Tuesday’s session headed for home. First and foremost, the silver market made a run at $90 as [...]
Afternoon Summary: I’ve had the opportunity to visit with a number of you since USDA’s midday data dump. The common theme has been a disbelief in the estimates released, and [...]
Afternoon Summary: Friday afternoon’s Barchart Futures Market Heat map is interesting in that four sectors of the commodity complex took the path higher to close out the week while the [...]
Afternoon Summary: I was visiting with a long-time friend in the ag media business earlier today, and as part of our conversation I mentioned how if we take all these [...]