Morning Thoughts – Mar 20
Grains – Note the chart attached here showing the combined daily volume in the major May contracts at CBOT over the past few weeks. As you can see, volume has been steadily declining and I would imagine that might continue to be the case until we get closer to...Morning Thoughts – Mar 9
Grains – We have Conab out this morning, and I’ll update those numbers in a separate email this morning. The other focus today will be WASDE later this morning, and today we’ll run through a quick look of potential changes. That said, I honestly am not...
Morning Thoughts – Mar 8
Grains – The WASDE report is due tomorrow afternoon and we’ll cover expectations for that here tomorrow. Today, however, I want to briefly cover tomorrow’s other important release which will be Conab’s update on production estimates. For your review I’ve...
Morning Thoughts – Mar 6
Grains – I found it interesting on Friday to consider soybeans and meal and to a lesser extent wheat have all “corrected” a bit off their Feb highs and are hugging support levels near key moving averages (though admittedly they’ve both found some life...