Still Keeping An Eye on Natural Gas

As I wrote back on January 23rd, "This is somewhat unseasonal as most of the major lows in the natural gas market are generally not posted until March-April or even later in the calendar year during August-September. This is why some traders wonder if there's still a lot more room...

Coronavirus Update

The first death was reported in China on January 11. By January  24 the World Health Organization (WHO) said there had been 25 deaths in China from the virus. Fast forward 18 days and there are now over +1,000 deaths and close to 45,000 infected. There have been reports circulating that...

Thoughts About Corn 02-10-20

Corn traders this week will be closely monitoring the latest coronavirus headlines and the updated USDA supply and demand numbers. The following week, traders will be focused on the new crop projections released at the Ag Outlook Forum. For the time being, prices in the MAR20 contract appear comfortable trading in...

Pay Attention… How China is Impacting the Energy Markets?

Oil markets have been spooked by a recent report that Chinese demand has dropped by about three million barrels a day—roughly 20% of the nation’s daily demand late last year and 3% of global consumption. Not everyone is convinced that a 20% drop in Chinese demand—if that is the current...

Taking Regenerative Ag to the Next Level

Regenerative agriculture is not only a growing buzzword in the industry, it's gaining traction with growers across the globe. More and more producers are implementing practices like composting, cover crops, and no-to-low-till into their operations, leaving food sources for soil microbes in the soil. Over time these practices help to...

The Hottest Home-Construction Market Since 2006 Lifting Lumber

Builders are hammering away at more new houses than at any time since before last decade’s foreclosure crisis, and the construction boom is driving up lumber prices. Lumber prices have declined sharply from the record highs in early 2018 but have seen a bit of an increase lately. The graph...

Soybean Thoughts… 02-04-20

Soybean traders continue to debate the risk and uncertainty of the coronavirus. I hate to sound like a broken-record the past several sessions but I believe the virus will continue to be a fairly significant headwind and obstacle we hadn't accounted for. the problem is we have no idea how long...

Why You Should Be Paying Close Attention to Crude Oil

Global and U.S. prices fell into bear-market territory yesterday, generally defined as a -20% decline from a recent peak. The fall marked a rapid reversal from three weeks ago, when escalating tensions in the Middle East drove prices to fresh highs. I've included a chart below that shows the recent...

Why The Iowa Caucuses Are So Closely Watched

Iowa is holding one of the most anticipated events of the 2020 U.S. Presidential election today - "the Iowa caucuses". The election isn’t until November, but the first major hurdle for the Democratic candidates is the Iowa caucuses. This is where voters begin whittling down the pool of candidates to...