Morning Summary: Since we last talked, when the US dollar index was under light pressure immediately following the expected 25-basis point rate cut announcement from the US Federal Open Market [...]

Morning Summary: Wednesday promises to be a busy day. Not only is it a normal first day of the new positioning week for Watson, it also brings the much debated [...]

Morning Summary: With apologies to my late friend and longtime Chicago Board of Trade floor reporter Gary Wilhelmi, I will mention today is Tuesday, a day when markets tend to [...]

Morning Summary: Though it is a busy week ahead, early Monday morning is quiet enough to enjoy that first cup of coffee while ignoring the news once again. I have [...]

Morning Summary: There are times when sitting in my basement office, staring at a flashing quote screen, I understand what Isaac Cline must’ve thought as he looked out at the [...]

Morning Summary: It is one of those days. I’m sitting in the basement office, going over the various sectors of the commodity complex and not finding much to talk about. [...]

Morning Summary: I want to open today’s Morning Commentary by reminding everyone both live and feeder cattle futures have expanded daily limits Wednesday due to the limit down close by [...]

Morning Summary: Today’s Morning Commentary could be short and sweet, easily wrapped up with one sentence, “There’s not much to talk about”. But, just for fun, let’s see if we [...]

Morning Summary: I understand it’s a logical paradox to say one has to be of a certain age to remember Tanya Tucker’s song from 1973, “Blood Red and Going Down”. [...]

Morning Summary: As I stared at this blank piece of electronic typing paper early Friday morning, I knew I needed to fill it with something. However, I also knew whatever [...]

Morning Summary: A quick check of the commodity complex early Thursday morning and my Blink reaction is it looks to be just another day. Yes, I know, that could be [...]

Morning Summary: After Tuesday’s introduction to the new fall season, filled with active markets, overnight through early Wednesday morning was much quieter. I’ll talk about it in more detail soon, [...]

Morning Summary: Welcome to the first trading day of meteorological fall. If you are one who celebrates the turning of the season with pumpkin spice anything and everything, you’ve been [...]

Morning Summary: Pre-dawn Friday finds the end drawing near. What I mean by this is the end of the trading week, trading month, trading quarter in the Grains sector, and [...]

Morning Summary: As I’ve said before in this space, there are mornings when I stare at the blank piece of white electronic typing paper, wondering what I’m going to fill [...]

Morning Summary: Once again, something I wrote led to the market doing its best to prove me wrong. After mentioning in this space Tuesday about how the coffee market how [...]

Morning Summary: Maybe it’s just me, but it seems the commodity complex has a different sector, a new market, take center stage each week. Last week saw the spotlight fall [...]

Morning Summary: Hot coffee. Is there a better way to start a Monday morning than that first cup of joe? Particularly if the dawn’s first light is still hours away? [...]

Morning Summary: There’s something calming, soothing about heading out to the Barn to do chores and watch the sunrise. I say that, but in market terms there is nothing calm [...]

Morning Summary: Yes, we are late in the month of August, meaning the Dog Days of Summer are nearing an end. At this point of the season there isn’t much [...]

Morning Summary: After pouring my initial, increasingly expensive cup of coffee Wednesday morning, I ran the traps of the various sectors of the commodity complex. Markets were quiet, for the [...]

Morning Summary: You’ve likely noticed I occasionally refer to the movie City Slickers, particularly over the past few years when both live and feeder cattle markets have moved into the [...]

Morning Summary: As many of you already knew, but I had to look up, the 2025 edition of the Midwest Crop Tour gets under way Monday. I get more entertainment [...]

Morning Summary: The Grains sector was green again overnight through early Friday morning, not a hugely surprising development I’ll talk about in more detail momentarily. In the meantime, I’ll mention [...]

Morning Summary: After all the excitement the last number of days, markets across the commodity complex seemed to take a breather overnight through early Thursday morning. The US dollar index [...]