There has been a great deal of chatter about the possible impact that the frenzied commodity speculation in China may have had on U.S. futures markets.It was another week for the record books. Well, sort of. The markets did not run out of gas despite numerous day-to-day technical trading reversals, and they also didn’t break through the previous highs. The bull/bear discussion continues to roll back and forth, although there is now a bull side to the story for the first time in a quite a while. Following are a few other observations:
The bears are still bears, but the bulls seem to be getting somewhat bolder. Funds continue to expand their long positions in the soy complex. Now almost back to even in corn, they are still big shorts in wh...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...