Commentary: Central banks slashing rates, bailout packages emerging, mortgage and payroll tax holidays being put forth by Central Banks and Governments are just some of the latest announcements that investors are grappling with in the last week. Oil Price wars amid a global pandemic of Covid-19 virus has instilled a sense of fear and potential panic by investors as US …

Commentary: The corn came under considerable pressure early. The selling abated as the day went on and the market closed mid range. The USDA will release a report tomorrow. There are many thoughts regarding this. It makes little sense to guess as the USDA has not done what conventional wisdom would dictate for a long time. The USDA balance sheet …

Commentary:  April Live Cattle gap opened lower as equity markets were once again tanking on continued coronavirus fears. Equity markets temporarily bounced leading to some closure of the gap, but a resumption of the decline sent cattle into a tailspin, eventually going down limit (briefly) at the end of the day. It settled at 105.75 down 2.90 from Thursday’s settlement. …

Commentary: Old Crop/New Crop corn and soybean spreads reversed course today as sellers turned active in front month contracts. July20/Nov20 beans fell 2 cents today to settle at 5.4 cent carry from a weekly high of a 1 cent carry. July/Dec corn traded upto a 1 cent inversion this week but fell 2.2 cents today to trade back to a …

Commentary: The soy complex came under selling today. The market is focused on the lack of Chinese purchases. The Chinese have issued licenses. However, the current US soy price is not the cheapest in the world. Thoughts are the buying may not start until the US price is more competitive. The Brazilian and the Argentinian currencies are continuing their decline. …

Commentary: There certainly is a lot to understand today. The market is awaiting some Chinese demand in the near term. This could spark a bit of a rally in the soy. Some long term questions remain. Will the Coronavirus change patterns long enough to cause a significant change in demand? My personal thought is that it has and is doing …

Commentary: April Live Cattle came out of the corner throwing punches as it gap opened higher and tested resistance at 112.35 making the high at 112.65. Well, it tired itself out and broke down closing the gap and trading to support at 109.60, making the low at 109.50. It settled at 110.10. The Equity markets were strong as the livestock …

Commentary: Amid the chaos in financial markets that have seen extreme volatility in the indices, energy, and precious metal sectors to name just a few, I posit amid the uncertainty that tangible asset areas like grain and livestock will eventually be sought after. In my view, funds that have gone to a “cash position” on a certain percentage of holdings …

Commentary: April Live Cattle had a great start to the month of March opening higher as the volatile equity markets reversed course off its morning lows. The positive price action in equities caused a sigh of relief and the cattle and Hogs markets showed early strength. The drive higher stalled mid-session and the livestock markets took out their opening prices …

Commentary: Amid all the uncertainties in the market right now I feel one must stay disciplined regarding entries and exits. In my view we are going to be more headline driven in regards to futures prices where I can see funds entering and exiting in masse with large volume. We have seen movement in grains this week for sure but …