The New Year will get off to a very nervous start with three major factors set to impact at the least the first few weeks of trading in 2013. Those factors are:
The Fiscal Cliff: Today is the last day of negotiating before the U.S. does, indeed, tip over the fiscal cliff. Hopes for some sort of agreement or compromise over this past weekend failed, like every other attempt has over the past year. The specter of the fiscal cliff has had an impact on investors of every description. At the very least, they have moved money into "safe" investments, if there is such a thing these days. At worst, they have taken all of their money out of the market and buried it their backyards. In either case, commodity prices have been steadily softening...
What You Need to Know Today: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Key Takeaways: Argentina is on pace for a record corn crop and record exports in the current marketing year, with abundant supplies likely to keep the country highly competitive in global export markets. Argentina’s record exportable surplus is allowing it to offer highly competitive pri...
