Commentary

Sideways price action as market looks to WASDE report on Friday. Fundamental A similar theme this week. The generally hot weather pattern continues but with enough scattered moisture to keep bulls defensive. Condition scores for corn and beans reflected that, with a slight uptick in Good-Excellent ratings this week and

Softer tone post Fed announcement and a more moderate weather outlook: Fundamental It was a down week for row crops, with corn, soy, wheat and cotton all on the decline. Weather remains the primary fundamental focus. In the rearview mirror, it has clearly been hot and dry.  Weekly condition scores

Fundamentals and Techs lean friendly heading into the Fed announcement. Fundamental Ag markets posted gains for the week, with wheat and cotton being the strongest movers. 55% of US corn area and 50% of soybean area is currently reported as being under drought, but crop-condition scores for both crops were

A strong week post-WASDE. Fundamental Grain markets retreated in the wake of the USDA WASDE report, but corn, soy and wheat have all bounced nicely in the last five trading days. The report itself was largely as expected, with the main features being the incorporation of updated acreage figures along

Author: Doug Christie There is significant attention lately on macroeconomics. Although the Federal Reserve rate and debt-ceiling dialogues are becoming more settled, the impact on commodity markets still remains uncertain. As markets head into the summer, two major aspects of the macroeconomic framework appear to be fitting into place. The