Morning Thoughts – Nov 29
Grains – USDA today will release its “early look” of selected tables on its long-term projections through 2026 later this morning. I personally never put too much thought into these figures, as they are mainly done for government budgeting purposes, but one can...
Morning Thoughts – Nov 28
Grains – The USD-BRL cross is basically steady at the time of writing this morning, but it remains close to recent lows. Meanwhile CBOT futures continue to rally, putting more reals in the hands of the Brazilian farmer these days. The chart below shows SK...
Morning Thoughts – Nov 22
Grains – Yesterday posted another very impressive performance for the soy complex while corn and wheat traded somewhat listlessly until the late stages of yesterday’s session. It of course begs the question, has anything changed recently that dramatically...