And So It Goes
Morning Summary: As wild as this week has been, it has followed the typical weekly script. The commodity complex got rolling with a Manic Monday as Energies, Grains, and Livestock [...]
As Silly as It Sounds
Afternoon Summary: I know. The idea of something as silly as “Turnaround Tuesday” activity is asinine, and likely enough to have my late friend Gary Wilhelmi spinning in his grave. [...]
Next on the Agenda
Morning Summary: What a week it has been. And it is only pre-dawn Tuesday, meaning the next thing on the agenda is the two-day US Federal Open Market Committee meeting. [...]
Weekly Crop Conditions
I can't make this disclaimer speak loud enough, but here goes: NASS' weekly crop progress and condition numbers are not created by science or based on even a smidgen of [...]
Salad Days
Afternoon Summary: In the dictionary I’ve had on my desk since March 1983, salad days is defined as: A time of youth, innocence, and inexperience. That’s nice, right? But certainly [...]
Walk Like an Egyptian
Morning Summary: I was going to refer to The Bangles song “Manic Monday[i]” for today’s Morning Commentary but realized I do that nearly every week. So, I changed it up [...]
June 2026: Cold Storage
The USDA/NASS Cold Storage report for June 30, 2026 was released Friday afternoon. And there is a lot to unpack. Total red meat stocks were down 1% from the previous [...]
2026: July 1 Cattle on Feed
USDA released its Cattle on Feed numbers for July 1, 2026 Friday afternoon. On Feed as of July 1: 11.37 million head (mh) Down 3% from the June 1 number [...]
CFTC Commitments of Traders
Net Positions as of Tuesday, July 21 (Legacy, Futures Only) Corn: Net-long 186,650 contracts (an increase of 55,187 contracts) HRW Wheat: Net-long 14,300 contracts (an increase of 12,531 contracts) Soybeans: [...]
July 2026 Cattle Inventory
The July 1 Cattle Inventory numbers from NASS were released Friday afternoon. The all cattle and calves number of 94.2 million head (mh) was up slightly from July 1, 2025’s [...]
A Little of This, A Little of That
Afternoon Summary: Friday’s commodity complex session had a little something for everyone. If one is bearish, then the Energies sector was for you today. Of course there was the obligatory [...]
Any Minute Now
Afternoon Summary: Let me share some numbers with you, then you can tell me what the next news headline will be. Are you ready? Let’s go: The S&P 500 is [...]
Corn Weekly Export Sales and Shipments
The latest weekly export sales and shipment update showed 2025-2026 marketing year export shipments of U.S. Corn at 2,946 mb (blue column) through Thursday, July 16, a point in the [...]
Soybean Weekly Export Sales and Shipments
The latest weekly export sales and shipment update showed 2025-2026 marketing year export shipments of U.S. soybeans at 1,414 mb (blue column) through Thursday, July 16, a point in the [...]
Soybean Meal Weekly Export Sales and Shipments
The latest weekly export sales and shipment update showed 2025-2026 marketing year export shipments of U.S. soybean meal at 15,414.77 (1,000 st) (blue column) through Thursday, July 16, a point [...]
Soybean Oil Weekly Export Sales and Shipments
The latest weekly export sales and shipment update showed 2025-2026 marketing year export shipments of U.S. soybean oil at 352.5 (1,000 mt) (blue column) through Thursday, July 16, a point [...]
Cotton Weekly Export Sales and Shipments
The latest weekly export sales and shipment update showed 2025-2026 marketing year export shipments of U.S. upland cotton at 10,673.9 (1,000 running bales) (blue column) through Thursday, July 16, a [...]