Market Quips A selection of recent comments in the meeting rooms of Washington...
NSA Spying: During a conference call about implementation of the Dodd-Frank financial reform law, one person queried why brokers should be required to record their conversations with customers when apparently the NSA is already taking care of that?! Hare vs. Tortoise: Regular and persistent question - do commercials move too slow versus the hedge funds and consequently lose money? Or, do the hedge funds persistently over-shoot the market, allowing the commercials to profit? Moving Target: Too many analysts study market positions when it is the change in positions and not the positions by themselves that determine prices. However, position data is av...
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...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
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...
