A Manic Monday Indeed
Afternoon Summary: It wasn’t hard to figure out what happened Monday. A quick look at the quote screen showed me soybeans were up 25.0 cents, at a time when rain [...]
Afternoon Summary: It wasn’t hard to figure out what happened Monday. A quick look at the quote screen showed me soybeans were up 25.0 cents, at a time when rain [...]
Afternoon Summary: It was a tough day out in the Barn Friday, likely due to algorithms overreacting to news that Tyson Foods is rearranging some of its US production capabilities. [...]
Afternoon Summary: I’m not sure why, but as I sat down to write today’s Afternoon Commentary, the old phrase, “You can’t have your cake and eat it too” came to [...]
Afternoon Summary: Around mid-morning, my friend in the brokerage industry sent me a message that read, “After the nonsense at 11 we can go back to talking early freeze.” I [...]
Afternoon Summary: Yes, I know Wednesday brings with it the latest round of USDA WASDE nonsense, with the set of numbers hyped as “market moving”. (Note these reports are not [...]
Afternoon Summary: Outside of the Energies sector, Monday could be described as “meh” for the commodity complex in general. So, let’s talk about Energies. Anyone with half a brain knew [...]
Afternoon Summary: It was another interesting Monday, regardless of the commodity complex sector you were watching. After a volatile first couple hours trade Sunday evening, the Energies sector eroded with [...]
Afternoon Summary: As Friday comes to a close, so too does the month of July, meaning two out of the three months of the summer quarter are now complete. What [...]
Afternoon Summary: Thursday afternoon finds a rain system stretching from northwest North Dakota to north of Omaha, and then again south of the Big O down to southwest Missouri[i]. It’s [...]
Afternoon Summary: As Andy Williams once sang, “Where do I begin?” The tap-in putt would be to talk about the Fed leaving rates unchanged, but that was expected and generally [...]
Afternoon Summary: I know. The idea of something as silly as “Turnaround Tuesday” activity is asinine, and likely enough to have my late friend Gary Wilhelmi spinning in his grave. [...]
Afternoon Summary: In the dictionary I’ve had on my desk since March 1983, salad days is defined as: A time of youth, innocence, and inexperience. That’s nice, right? But certainly [...]
Afternoon Summary: Friday’s commodity complex session had a little something for everyone. If one is bearish, then the Energies sector was for you today. Of course there was the obligatory [...]
Afternoon Summary: Let me share some numbers with you, then you can tell me what the next news headline will be. Are you ready? Let’s go: The S&P 500 is [...]
Afternoon Summary: This being a Wednesday, it was the first day of the new noncommercial positioning week, and what a way to start. A look at the Barchart Futures Market [...]
Afternoon Summary: As I settled in to write today’s Afternoon Commentary, I was in a bit of a quandary[i]. Having checked on the various markets over the course of the [...]
Afternoon Summary: After I posted Monday’s Morning Commentary, a friend from southwest Kansas called and asked what today’s weather forecast was. It was at that moment I realized I had [...]
Afternoon Summary: As Kermit the Frog told us long, long ago, “It ain’t easy being green”. However, given recent developments, maybe it is. If we dig past all the headlines [...]
Afternoon Summary: After Thursday’s close, I visited with my good friend Tony St. James on the Rural Radio Commodity Wrap program. He asked me how I would describe Thursday’s activity, [...]
Afternoon Summary: For today’s title, I almost went with “Grains: The New Softs”. A look at the quote screen Wednesday afternoon and the Grains sector does indeed look like what [...]
Afternoon Summary: While the US president didn’t announce another non-existent peace “deal” with his War on Iran, he did reportedly “abandon” his dictate for a 20% protection feed on traffic [...]
Afternoon Summary: As of this writing the spot-month WTI crude oil contract had rallied as much as $6.40 (9.0%) while Brent crude jumped as much as $6.80 (also 9.0%). Distillates [...]
*I’m away from the studio so there won’t be an audio version of Friday’s Afternoon Commentary. Afternoon Summary: As I mentioned in today’s Morning Commentary, there was a good chance [...]
Afternoon Summary: A number of markets made interesting moves during Thursday’s session, but none shone brighter than coffee. The September issue gained as much as 38.75 cents per pound, or [...]
Afternoon Summary: Around midday, my friend Kyle called and asked, “Are you sitting down?” After confirming I was seated, Kyle quoted me the last cash feeder cattle market: $430-plus, an [...]