Back to Business
Morning Summary: During my conversation with Jesse Allen on Monday’s edition of Agriculture of America, he asked if conditions were right for another Black Monday event. I think so. Global [...]
Back in Black
Afternoon Summary: With the 39th Anniversary of Black Monday almost behind us, I thought it would be fitting to start today’s Afternoon Commentary off by looking at US stock indexes. [...]
Made It to 39
Morning Summary: Somehow we made it through the weekend to Monday morning, meaning the US president did not hit the nuclear launch code – at least not that I’ve heard [...]
The Bugeaters’ Dilemma
Growing up in Kansas, with both parents graduates of Kansas State University, home of the Wabash Cannonball, I learned at an early age to dislike the University of Nebraska football [...]
CFTC Commitments of Traders
Net Positions as of Tuesday, October 13 (Legacy, Futures Only) Corn: Net-long 358,367 contracts (a decrease of 94,106 contracts) (See Chart, Slide 2) HRW Wheat: Net-long 9,801 contracts (a decrease [...]
That was Fast
Afternoon Summary: With closing bells ringing out across the market landscape, we are reminded once again of the combined effect of the Goldilocks Principle[i] and the Wilhelmi Element[ii] telling us [...]
Corn Weekly Export Sales and Shipments
The latest weekly export sales and shipment update showed 2026-2027 marketing year export shipments of U.S. Corn at 345 mb (blue column) through Thursday, October 08, a point in the [...]
Soybean Weekly Export Sales and Shipments
The latest weekly export sales and shipment update showed 2026-2027 marketing year export shipments of U.S. soybeans at 187 mb (blue column) through Thursday, October 08, a point in the [...]
Soybean Meal Weekly Export Sales and Shipments
The latest weekly export sales and shipment update showed 2026-2027 marketing year export shipments of U.S. soybean meal at 391.70 (1,000 st) (blue column) through Thursday, October 08, a point [...]
Soybean Oil Weekly Export Sales and Shipments
The latest weekly export sales and shipment update showed 2026-2027 marketing year export shipments of U.S. soybean oil at 2.3 (1,000 mt) (blue column) through Thursday, October 08, a point [...]
Cotton Weekly Export Sales and Shipments
The latest weekly export sales and shipment update showed 2026-2027 marketing year export shipments of U.S. upland cotton at 1,669.2 (1,000 running bales) (blue column) through Thursday, October 08, a [...]
Sorghum Weekly Export Sales and Shipments
The latest weekly export sales and shipment update showed 2026-2027 marketing year export shipments of U.S. sorghum at 1 mb (blue column) through Thursday, October 08, a point in the [...]
Wheat Weekly Export Sales and Shipments
The latest weekly export sales and shipment update showed 2026-2027 marketing year export shipments of all U.S. Wheat at 263 mb (blue column) through Thursday, October 08, a point in [...]
Beef Weekly Export Sales and Shipments
The latest weekly export sales and shipment update showed 2026 calendar-year export shipments of U.S. beef at 510.7 1,000 MT (blue column) through Thursday, October 08, a point in the [...]
Pork Weekly Export Sales and Shipments
The latest weekly export sales and shipment update showed 2026 calendar-year export shipments of U.S. pork at 1,357.3 1,000 MT (blue column) through Thursday, October 08, a point in the [...]
Going Green
Afternoon Summary: Did Thursday’s session eventually make sense, as compared to what we saw overnight? Maybe, at least a little. (Or maybe it was the lingering effects of this morning’s [...]
US Drought Monitor
The latest weekly US Drought Monitor update, for the week ending Tuesday, October 13 (slide 1) was little changed from the previous week, despite the remnants of Hurricane Isaias tracking [...]
Making Sense of the Morning
Morning Summary: I’ll admit, after a first running of the traps of the various sectors of the commodity complex early Thursday morning, I seriously considered turning the quote screen off [...]