Morning Thoughts – Jan 9
Grains – The index rebalance looms large this week. I believe the rebalance efforts “officially” start tomorrow but I think we’d be fooling ourselves if we didn’t think some of the necessary actions have already been taken. We also have to remember that this...
Morning Thoughts – Jan 6
Grains – The US soybean export program has begun its seasonal decline and you can start to see things picking up in Brazil now. The soybean line-up for export is still under year-ago levels, but I don’t think it’ll take long for the line-up to exceed last...