It was an interesting week for market news versus market action. There were actually numerous, somewhat bullish news stories that generated little in the way of bullish market reaction, including the following:
Wheat markets continue to absorb news of further declines in volume and quality by moving lower. Frost in West Australia early this week has created more crop losses than expected. It is very early in the “recovery” process to determine how much damage occurred. That really can’t happen until harvest gets underway, but reports from trustworthy sources indicate canola was badly damaged. There will be wheat losses as well, but we’re told that the crop across the frost-hit region was in varying degrees of matu...
The corn and soy complex closed higher, with the wheat market mixed, as winter wheat closed up but spring wheat and livestock ended lower. Part of the strength for corn and soybeans may have been a weather premium, as crop planting has started out fast but warm weather has been slow to develop...
Real GDP grew at a 2 percent annual rate in the first quarter of 2026, slightly below the consensus expectation of 2.3 percent but above the 0.5 percent growth in Q4 2025. The GDP number matches the average annualized pace of growth since the peak back in late 2007, right before the Financial P...
Reflect for a moment on what you eat. There is a lot of advice out there in the ether about what you should eat, but really, what do you currently eat and how much? The good people at the USDA have some data for you, to help you answer that question. USDA says that we eat quite a bit of meat. L...
