News and Blog

Grains - I want to review the thoughts on wheat and corn from last Friday in a bit more detail this morning.  I think it is very important to note the differences developing in the world balance sheets between the two markets, and I want to make sure we’re clear on...

Financials - As you are probably aware, the Trump Administration lost its bid to reinstate its travel ban.  This is likely to head further up the chain through the court system to the Supreme Court. He is using up a lot of political “capital” on this one item, so it...

Financials - No change in recent themes overnight.  Global equity markets are relatively flat and the dollar is higher against most other currencies.  The dollar strength stems in large part due to euro weakness and ongoing concerns over political situations there.  A...

Livestock - Virtually no new cash market info to digest from yesterday in cattle, other than the new showlists which are once again smaller than the prior week.  We saw a somewhat light slaughter posted yesterday and from the packers’ perspective this might be needed...

Grains - We’ve got a wet look to the forecast through northern Brazil and so we’ve got to keep a close eye on soybean harvest progress as it relates to safrinha planting progress in Mato Grosso.  Obviously Mato Grosso accounts for a large majority of the safrinha corn...

Grains - After briefly touching new highs soybean futures have been in correction mode for a little more than a week now.  One market that appears to have no interest in any such corrections is the Brazilian real.  The USD-BRL is on the verge of breaking into new...

Grains - Export sales are due this morning, here are expectations: Corn 700-1,100 Soybeans 450-700 Soymeal 120-250 Soyoil 10-25 Wheat 200-500 Here were the flashed sales during the period: 1/17—103k mt corn to unknown for 16/17 1/19—110k mt corn to unknown for 16/17...