Ready for the Weekend
Session Summary: I don’t know about you, but I’m ready for the weekend. Yes, I know the storm that is next week’s US Federal Open Market Committee meeting is still [...]
Session Summary: I don’t know about you, but I’m ready for the weekend. Yes, I know the storm that is next week’s US Federal Open Market Committee meeting is still [...]
Session Summary: If I had to pick one word to describe my thoughts on Thursday’s close, it would be “lost”. Not the markets, but me, yours truly. Can I explain [...]
Session Summary: Let me start by answering this afternoon’s most pressing question, neither live cattle nor feeder cattle futures got within sniffing distance today’s expanded trading limits of $10.75 and [...]
Session Summary: A look out at the bloodbath in the barn Tuesday afternoon, and the well-known question from Hamlet’s famous soliloquy comes to mind. Rather than, “To be (2B) or [...]
Session Summary: On the Agriculture of America talk show program Monday morning, host Jesse Allen asked what I thought of the effects of the light frost over parts of the [...]
Session Summary: Yes, the first week of September has come to a close meaning the big two markets in the Grains sector could see an uptick in early harvest activity [...]
Session Summary: Today was one of those day’s when I may have jumped the gun on the title. (For those listening to the audio edition only, I’ve called today’s Afternoon [...]
Session Summary: One of the major points of discussion early in September is the conflicting signals coming from financial markets. The Fed Fund futures forward curve is still indicating a [...]
Session Summary: Within each sector of the commodity complex there was a division between markets that “have” and those that “have not”. How one interprets this could likely be used [...]
Session Summary: The last trading day of the summer season has come to an end. Mostly. We still have the last half-hour of the session for US stock indexes, bringing [...]
Session Summary: My young friend George K. from Greece described Thursday’s session perfectly with a message that started with, “What a day!” Something I forgot to mention through the early [...]
Session Summary: Recall the great market week calendar runs from Manic Monday through Frantic Friday, with Hump Day going by the name Watson Wednesday. Why? Because data for the next [...]
Session Summary: I want to take a moment away from markets this afternoon. I found out Scott Kemper, a former colleague and editor back in the newsroom, recently passed away. [...]
Session Summary: As I mentioned in today’s Morning Commentary, Monday was all about the beans. Recall the pre-dawn hours saw coffee futures post a gain of 15.4 cents (4.1%). By [...]
Session Summary: Yes, I know Chairman Powell’s comments early Friday morning seemingly caught markets off guard[i]. Late in the day the US dollar index was down more than 1.00, US [...]
Session Summary: A friend in the brokerage industry sent me a message around midday that read, “It sounds like a biofuels announcement tomorrow from the White House”. We’ve seen this [...]
Session Summary: Writing Commentary, both Afternoon and Morning, has been relatively easy this week. The Livestock sector in general, cattle markets to be specific, has stolen the spotlight and continues [...]
Session Summary: I’ll head back out to the Barn in a moment, but I want to start Tuesday’s Commentary with a look at the US dollar index. As of this [...]
Session Summary: Feeder Cattle were frantic again today, and it wasn’t even a Friday. As ag markets go (Grains, Softs, and Livestock), feeders led the way to the upside as [...]
Session Summary: As I thought about what I wanted to say in Friday’s Afternoon Commentary, two different songs were battling it out in the jukebox of my mind. The first [...]
Session Summary: That faint glow growing brighter on the horizon, though hard to make out at this time, looks to be Friday. And frankly, it can’t come soon enough for [...]
Session Summary: Where should I start today? The obvious choice is soybeans, but I’ll save that discussion for a few minutes. Running the traps of the other commodity sectors and [...]
Session Summary: Yes, I know Tuesday’s session included the latest round of monthly supply and demand guesses from USDA, this one billed as “survey based”, but let’s focus on things [...]
Session Summary: Though it seems like an eternity ago now, recall feeder cattle futures closed limit down last Friday leading to expanded trade limits to start the week. This meant [...]
Session Summary: My late friend and longtime Chicago Board of Trade reporter Gary Wilhelmi taught me a number of things back when we used to talk every day. One of [...]