Energy Update

John Walsh Energy, General Commentary

Commentary: The crude has followed through to the upside this week. The overall lack of demand is known. The abundance of crude above ground is known. The question now, Are the lows in? It was my thought a trade to 17-20 nearby would hold. The May traded to 1933. Is this enough, remains to be seen. The US now will …

Corn Commentary

John Walsh General Commentary, Grains

Commentary: The corn has so much negative to deal with. One wonders when the fundamentals will be baked in the cake. The early trade Friday saw some buying on crude strength. The prevailing weak market took control. The Ethanol destruction is too much to overcome yet. The positive is that the Chinese purchased 570 t tn of corn. They have …