Dollar Sinks Again
Session Summary: As June comes to an end, there are a number of markets fighting to take center stage. Out in the Barn, all three markets were busy, with the [...]
Session Summary: As June comes to an end, there are a number of markets fighting to take center stage. Out in the Barn, all three markets were busy, with the [...]
Session Summary: Since there are no markets next Friday, due to yet another US holiday, a number of markets decided to shoot off fireworks today. (Can you think of a [...]
Session Summary: Do you recall what day of the week comes after Watson Wednesday but before Frantic Friday? If you answered, “Throwaway Thursday”, well done. Give yourself 42 extra points[i]. [...]
Session Summary: The Grains sector was in the spotlight for much of Wednesday’s session, but not for the reason most in agriculture would hope. (I’ll say it again, when it [...]
Session Summary: As the din from the closing bells starts to die down across the market landscape, we can say “Goodbye” to a ruby red Tuesday. Once again I did [...]
Session Summary: Sometimes we don’t need a Tuesday to see Turnaround Activity. For example, let’s take a look at the crude oil markets, both Brent and WTI as Monday unfolded. [...]
Session Summary: Yes, I understand what the acronym FAFO means, but for today’s Afternoon Commentary we are going to read it as “Fool Around and Find Out”. A friend from [...]
Session Summary: As expected, US Fed Chairman Powell announced the Fed fund rate was left unchanged between 4.25% and 4.5%, though reporters covering the Chairman’s comments mentioned he still talked [...]
Session Summary: Was it a Turnaround Tuesday? I don’t know. Some markets that closed lower Monday were higher at today’s close. Yet others that closed higher yesterday were also in [...]
Session Summary: Today, I’m going to set aside discussion of the Three Kings of Commodities to focus on some of the subjects in their respective kingdoms. Friday’s session answered the [...]
Session Summary: With another nod to the classic Eagles song, we can move on from the latest round of monthly USDA silliness. When all was said and done it was [...]
Session Summary: The title of today’s Afternoon Commentary, “Wasted Time’, links the fact I had trouble staying awake for much of the session to the Eagles song of the same [...]
Session Summary: Tuesday proved the value of the Wilhelmi Element, “The only price that matters is the close”, once again. If I turn the spotlight to the Grains sector, what [...]
Session Summary: What was the key takeaway from Monday’s session? Three come to mind: First, at least in the case of the Grains sector, we saw an early summer reminder [...]
Session Summary: As I mentioned Morning Commentary, today is Friday, June 6, the 81st anniversary of D-Day. But it was also a jobs Friday meaning employment data for May was [...]
Session Summary: The various sectors of the commodity complex were still showing a lot of green Thursday afternoon. A look at the Barchart Futures Market Heat Map shows three sectors [...]
Session Summary: On a day when most sectors of the commodity complex were showing cumulative gains, the one that stood out to me was Livestock. Sure, a look at the [...]
Session Summary: Tuesday was a forgettable day, for the most part. Sure, a few markets made big moves, but most seemed to be reaction to large gains or losses posted [...]
Session Summary: My friend in the cattle industry sent me a message midday Monday that read, “$225 bids in Kansas to a major packer. $370 dressed to a regional packer [...]
Session Summary: And with that, trade during the meteorological spring season comes to an end. Sure, there is one more day, Saturday, but when next we meet meteorological summer will [...]
Session Summary: Late Thursday afternoon the US dollar index found itself more than 0.60 lower after falling as much as 0.66 from Wednesday’s close and 1.18 from its early high. [...]
Session Summary: When I look at Wednesday’s close, particularly in the Grains sector, I can only smile and laugh. As I’ve said before, I spend little to no time on [...]
Session Summary: As it turned out, Tuesday’s big news story was – as a good friend in the cattle industry put it – a steaming pile. Feel free to add [...]
A Reminder: I will be out of the office following Tuesday’s Afternoon Commentary. See This Week’s Schedule in Quick Takes for more information on when I’ll get things caught up [...]
A Reminder: I will be out of the office following Tuesday’s Afternoon Commentary. See This Week’s Schedule in Quick Takes for more information on when I’ll get things caught up [...]