Market Commentary
Afternoon Comments
Fairly busy day in the grain trade. Grains traded higher overnight into a mixed early morning session with corn, beans and wheat ramping after the noon bell. Do we may find out something about US/China negotiations that led to the ramp around 12:05pm? Informa came out with their idea of…
Is Bitcoin Going Mainstream?
The announcement by the CME Group last week that it will be launching a Bitcoin futures contract is the first step in bringing legitimacy to a cryptocurrency world that, until recently, has largely remained in the shadows, mired in skepticism by much of the mainstream investment world. This move by…
Weekly Grain Comments 10-27-2017
Headlines US corn harvest continues to lag now 21% behind 5-yr avg. Interior basis still strengthening (up 20c in a week in Decatur) Soybeans near 5-yr avg pace (caught up). Interior basis now flattened out US Commerce department has set duties on Argentinian biodiesel between 54.4 and 70.1% as well…
