Who Can It Be Now?
Morning Summary: It is still pre-dawn Friday in Omaha, Nebraska, near the center of the United States. However, a look at a world clock and we see it is early [...]
More of More of the Same
Afternoon Summary: Similar to Thursday morning, it seems we are living in the sitcom Three’s Company from the late 1970s and early 1980s. (You weren’t expecting that reference, were you?) [...]
US Drought Monitor
The latest weekly US Drought Monitor update, for the week ending Tuesday, February 17 (slide 1) showed drought readings intensified this past week over the US Midwest. More of Illinois [...]
2026: USDA Ag Outlook Forum
USDA’s 2026 Annual Outlook numbers are out. 2026 Planted Area (million acres): Corn: 94.0 ma, down 4.8 ma (5%) from last year Soybean: 85.0 ma, up 3.8 ma (5%) from [...]
More of the Same
Morning Summary: The 1993 movie Groundhog Day was profound, in a way, as it seems each day during the month of February is more of the same. Particularly after Punxsutawney [...]
April Fools Day
Afternoon Summary: If we go back to last Friday, so far the past calendar week has brought us a classic Friday the 13th, Presidents’ Day in the US, the Lunar [...]
A Green Screen
Morning Summary: Just as Tuesday afternoon’s Barchart Futures Market Heat Map was glowing red, a look at Wednesday morning’s Map shows us the commodity complex was nearly all green. While [...]
Red (and) Meat
Afternoon Summary: A look at the Barchart Futures Market Heat Map this first afternoon of the Lunar New Year holiday is telling. Only one true commodity sector is in the [...]
Happy New Year!
Morning Summary: Happy New Year everyone! No, this isn’t a case of déjà vu, or Groundhog Day, but rather Tuesday is the first day of China’s Lunar New Year holiday. [...]
As the World Turns
Morning Summary: While US markets are closed for yet another pointless holiday, this one celebrating presidents of the past, global markets continue to register concern over the present president. One [...]
Dungeons and Dragons
Afternoon Summary: My friend in the brokerage industry called me Friday morning. He had been reading my puzzlement over the recent surge in trade volume nearly across the board in [...]
CFTC Commitments of Traders
Net Positions as of Tuesday, February 10 (Legacy, Futures Only) Corn: Net-short 18,330 contracts (a decrease of 16,368 contracts) HRW Wheat: Net-short 19,953 contracts (an increase of 11,811 contracts) Soybeans: [...]
A Special Day
Morning Summary: Happy Friday the 13th everyone. You may recall, I’m one of the lucky ones born on a Friday the 13th - some would say that explains a lot [...]
It’s Déjà vu All Over Again
Soybeans: I’m going to change the batting order completely this afternoon, moving the soybean market to lead off instead of the usual Opening Summary. Why? Because of a headline I [...]