Morning Thoughts – Jan 3
Grains – The EIA updated with biodiesel production figures on Friday, but unfortunately the data is only current through the end of Oct. The EIA reported biodiesel production of 142 mil gal which is the highest I have on record going back to 2011. Soyoil use...
Morning Thoughts – Dec 28
Grains – It is perhaps worth noting that the Brazilian soybean export line-up is starting to show signs of perking up. The line-up posted yesterday showed the largest soybean tonnage seen since early fall. Though still below last year’s levels, which weighed...
Morning Thoughts – Dec 14
Financial – Equities have seen a lot of attention since the election, and for good reason. They’ve matched to new all time highs on strong volume and we’ve also seen massive sector rotation in the process. However I want to take a look at the bond market today...