Almost Over!!!

Steve Bruce Grains Leave a Comment

  On election day it’s always wise to remember Willie Sutton and his reply to the question as to why he robbed banks…………………………..”that’s where the money was”!…………………………………………………………………………It’s always interesting to see how some go into political office destitute and leave the public sector well-heeled……………………………………………………………………Elections have consequences and we will deal with the results as soon as they are known and …

Grain Spreads: Voices

Sean Lusk General Commentary Leave a Comment

We mentioned on Tuesday (10.30) that news on trade with China could enter into the market at anytime in the form of a tweet or other social media forum that could prop up grains at a moments notice. We witnessed just that yesterday from the President. If only our predictions resulted in guessing the correct Power and Mega ball numbers. …

AG TIME ON AGAIN OFF AGAIN

John Walsh Grains Leave a Comment

The talk of the US and China talking is supporting beans. this is a selling opportunity in my opinion. Look at sales anywhere close to 900 basis jan. The nov 19 above 920 presents opportunity. Private analysts are now estimating next years bean acres to drop in a large way. The carry is still projected record large. The USDA baseline …

New Reality Coming on Wednesday??

Steve Bruce Grains Leave a Comment

  The market is jittery as rumors and innuendos over a Chinese trade deal have sparked short covering and end user buying interest and there’s confusion and doubt over a deal and the timing thereof as political posturing has one side coloring the pact as “not a done deal”.         It’s difficult to predict the whims and …

Hope for a Trade Agreement

Steve Bruce Grains Leave a Comment

As we head into the weekend before the midterm elections there appears to be a cautious attitude towards the grain markets as the results might sway and determine shifts in trade policies and, the talking heads are unsure of projecting any outcome and that’s a good thing given their recent results………………………………….On Wednesday we may be in gridlock or we may …