Market Moment

With the Acreage report behind us, most years officially usher in the beginning of a conversation consisting almost entirely of summer weather.  That is not the case this year, however.  Markets are fixed on one thing.....the ongoing threat of POTENTIAL tariffs against the Chinese...and their retaliation to those tariffs.  They are only potential because they have yet to be imp...

Over the course of the winter, our discussions pointed out the large short position held in the grain complex by fund managers.  The rally that ran throughout spring and into the end of May was largely constructed by those very same managers looking for an exit from those positions and an entry into a long position.  The chatter of late planting, shortened acres, stressed South American ...

For weeks, the market has been hanging on every word that has come from Washington.  Trade deals are off and on and off again about as frequently as a new Tweet hits the Twittersphere.  There can be no discount given to the significance of trade.  As deals have softened or soured, there has been little by way of consolation for markets. Weather has been equally disruptive to market...