Thursday Thoughts
Morning Summary: My friend in the brokerage industry called late Wednesday to talk about the various markets. He was wondering what to tell his customers who wanted to trade…something, anything, [...]
What a Watson Wheat Whisky Wednesday it Was
Afternoon Summary: Around noon, a friend from central Nebraska called with a single question, “Was all this due to Watson?!” Keep in mind this is a Wednesday, the first day [...]
A Watson Whisky Wheat Wednesday
Morning Summary: It was more of the same overnight through early Wednesday morning with the Energies sector under pressure while Grains continued to rally. Regarding the former, according to headlines, [...]
Coffee Time
Morning Summary: One market I mentioned briefly in Monday’s Afternoon Commentary was coffee, as the December contract opened the week with a rally of nearly 6%. And while Dec is [...]
July 2026: Cold Storage
The USDA/NASS Cold Storage report for July 31, 2026 was released Monday afternoon. Total beef was down 2% from the previous month and down 4% from last year. Fitting with [...]
Poutine Power
Afternoon Summary: As we all know by now, the US president is threatening an all-out Trade War with the country’s number one trade partner Canada. This threat includes tariffs of [...]
It’s Going to Be a Fun Week
Morning Summary: As I watched the markets open Sunday evening and night, two in particular stood out to me: Corn and Wheat. While I’ll talk about the Grains sector in [...]
CFTC Commitments of Traders
Net Positions as of Tuesday, August 18 (Legacy, Futures Only) Corn: Net-long 302,142 contracts (an increase of 57,230 contracts) HRW Wheat: Net-long 16,074 contracts (an increase of 2,860 contracts) Soybeans: [...]
2026: August 1 Cattle on Feed
USDA released its Cattle on Feed numbers for August 1, 2026 Friday afternoon. On Feed as of August 1: 11.117 million head (mh) Down 2% from the July 1 number [...]
A Frantic Friday, Fittingly Enough
Afternoon Summary: Well, today did indeed turn out to be a Frantic Friday. Where to start? How about out in the Barn. Both cattle markets fell hard on the open [...]
Where We Are
Morning Summary: We’ve made it to another Friday morning, with today’s headlines (slide 2) giving us a good idea of where we are at this time. I had to read [...]
Ceres is Calling
Afternoon Summary: Thursday was an interesting session, to say the least. And if you were one who lived and died with the ebb and flow of whatever market you were [...]
Corn Export Sales and Shipments
The latest weekly export sales and shipment update showed 2025-2026 marketing year export shipments of U.S. Corn at 3,230 mb (blue column) through Thursday, August 13, a point in the [...]