Big Moves

2023-06-30T14:49:58-05:00June 30th, 2023|Afternoon Commentary, Commentary|

Session Summary: A friend called shortly after USDA released its quarterly Grain Stocks and Acreage Update reports, and asked if I believed the numbers. While I give these reports more credit than the monthly supply and demand guesses, they still [...]

CWS Time

2023-06-16T14:24:55-05:00June 16th, 2023|Afternoon Commentary, Commentary|

Session Summary: Friday afternoon means it is CWS Time, meaning not only have Corn, Wheat, and Soybeans taken center stage but the men’s baseball College World Series has begun here in Omaha. Both tell us summer is here, with the [...]

Hog Wild

2023-06-06T15:10:12-05:00June 6th, 2023|Afternoon Commentary, Commentary|

Session Summary: A number of markets made big moves Tuesday, but lean hogs ruled them all. Here we see the July contract closed $4.175 (4.9%) higher while gaining $1.30 on August which gained $1.35 on October. This tells us there [...]