Opinion

Author: Doug Christie Fundamental: Markets worked lower following the WASDE reports with 3-5% declines in grains while cotton managed to post a slight gain. USDA reported a record US corn crop of 15.3 billion bushels and a 31 million bushel increase in year-over-year stocks despite projecting higher usage of

Author: Doug Christie Fundamental:  Soy was the biggest mover in the first full 5-day review period of 2024 with prices declining by 25 cents. Recent moisture and a favorable forecast in Brazil seem to be systematically taking the weather risk premium out of bean prices. Corn and wheat were 3-4

Author: Doug Christie Fundamental: Prices worked lower in the post-Christmas trading period, with grains seeing declines of 3.5% – 4.5%, while cotton remained essentially unchanged. Most of the price damage was done in the initial trading session of 2024, with all of the tracked commodities posting losses. It’s

Wednesday is set to be a big day, with all eyes on the World Agricultural Supply and Demand Estimates (WASDE) report, to be released by the US Department of Agriculture at noon eastern standard time. Fundamental Markets will look to the WASDE report for direction heading into the second half

The 4th of July is all about fireworks – and that’s what we got out of the big USDA report last Friday. Fundamental Of all the reports issued by the US Department of Agriculture on Friday, the acreage report was the most impactful. Soybean-planted acres came out at 83.5