Category Archive

COMMENTARY: The beans and oil bounced a bit today. The condition ratings last night were unchanged in the soy. This was a bit of a surprise to me. I thought with the recent rains the ratings would be up. I want to shift focus to the macro process here. It is my thought that the Chinese are slowing purchases. The …

COMMENTARY: The soy is mixed today with the beans and bean oil down, while meal is bouncing. The crop condition report today should show some improvement in the bean yield given the recent moisture. As discussed previously, the bean yield in my opinion can show improvement this month if rains are timely. The month is off to a fair start. …

COMMENTARY: The markets were sideways to lower this week. The weather looks to improve here in the next week. The recent rains have also been somewhat beneficial. The weekend may prove important for prices if rains are received as predicted. The products are at an important stage in my opinion. The oil share has lost ground here and is back …

COMMENTARY: The soy complex was under pressure. The recent rains have helped to show improvement overall. The conditions have shown increases this week for beans. This was not expected from the trade. Finally more rain is forecast over the next two weeks. As mentioned, it is my belief rains can increase yields through August. This would change the balance sheet …

COMMENTARY: SOY: The soy bounced today. The crop ratings yesterday declined. This was a bit of a surprise. The market however struggled to hold on to the gains as the session went on. This was significant in my opinion. The complex was led by meal. In my opinion the market will start to look at the August weather potential. As …

COMMENTARY: The complex was sharply lower last night. By the morning the bean oil was higher and the rest had pared down the losses. The close tonight paints a different picture. The oil share leading the way. This was not a explosive day but a steady move higher. I have a few thoughts going forward regarding beans. It is my …

COMMENTARY: The complex was sharply lower last night. By the morning the bean oil was higher and the rest had pared down the losses. The close tonight paints a different picture. The oil share leading the way. This was not a explosive day but a steady move higher. I have a few thoughts going forward regarding beans. It is my …

COMMENTARY: The soy was under heavy pressure across the board early on. The market slowly climbed off the lows through the session as the day progressed. The feature the last few days was the oil share and the slide we witnessed. Today could have marked a low for a minute. The weather has not changed in any material way. This …

COMMENTARY: The soy has been volatile over the last week and a half. There are potential changes going on that could have an impact. As suggested there will be increased volatility and risk throughout the summer. The feature of the week in my opinion has been the overall weakness in the bean oil market. The Argentinian Bio market is in …

COMMENTARY: The complex was higher both overnight and through the day. The beans are getting a bid based on weather uncertainty through July/August time period. The bean oil is rallying and leading the charge based on tight stocks at present. In my opinion the stocks will remain tight and price supportive through the summer. As I mentioned yesterday, I want …