Dec 8, 2023
USDA dropped their December WASDE Report on Friday morning with little fanfare as it was a quiet report (which is typical for December). There were a few minor changes to the U.S. and global balance sheets but overall the markets took the report in stride and grains saw some profit taking into the weekend. Meantime,...
Dec 8, 2023
The December WASDE Report from USDA is here and......it was mostly a snooze fest. Not many changes at all to the U.S. and world balance sheets on the grain side but there were a few of note including a drop in U.S. corn and wheat ending stocks due to higher exports. We discuss the WASDE and get market analysis from...
Dec 7, 2023
The grains and oilseeds had a solid day to the upside on Thursday led by soybeans and soybean oil. Active weekly export sales numbers and good money flow helped the trade one day ahead of the December WASDE Report. Meantime, the protein sector continues to struggle. We discuss the markets and get perspective from...
Dec 6, 2023
We saw grain markets largely slide lower as we went through Wednesday trade. More SRW wheat sales to China initially supported Chicago wheat but that market even faded throughout the day. We discuss fundamentals, charts and get technical analysis of the grains and discuss more volatility in the cattle trade with...
Dec 5, 2023
Soybeans had plenty of volatility on Tuesday as we ended up finishing near unchanged when it was over. More SRW wheat sales to China helped support wheat trade which spilled into corn. We discuss the funds short positions in wheat and corn, year-end money flow and much more on today's program with Jim McCormick...