I continually am amazed, in awe and perplexed by all the financial and political happenings that we see occurring these days in the nation.
Special to Agweek, 08/22/2011
It appears a tropical storm will make its way into the Gulf and perhaps bless part of Texas with some much-needed rain.
Special to Agweek, 08/04/2011
A week of surprise and volatility would best describe the grain markets this past week. As expected, USDA kept the acres both planted and harvested in sync with the June 30 acreage report.
Special to Agweek, 07/18/2011
Greece’s parliament voted on an austerity package so the country could be handed another $12 billion toward its debt and keep it from defaulting on creditors, which would have affected several large U.S. banks and leading world banks.
Special to Agweek, 07/05/2011
The past week held many surprises in ag markets.
The biggest surprise came in the form of a bottom on seasonal timing, but huge demand was the fundamental reason.
Special to Agweek, 06/21/2011
It is June and new crop corn made new contract highs. A popular question is, “When do we make cash sales?”
Cattle futures have showed signs of slowing since the sharp sell-off that started from the contract highs made April 4.
Special to Agweek, 05/30/2011
It’s been two months since the massive 8.9 magnitude earthquake and tsunami hit Japan. The nuclear crisis in Japan caused by the damaged reactors since has created doubts on the future of nuclear power. Until the natural disaster occurred, the world seemed on track to see a surge in nuclear reactor projects.
The corn market has seen index fund liquidation every day this past week. April 28, index funds sold an estimated 40,000 corn contracts, 10,000 contracts of soybeans, 6,000 contracts of wheat, 3,000 contracts of soymeal and 5,000 contracts of soyoil.
The week started off with China increasing its bank reserve requirement by 50 basis points April 17. Traders had been anticipating this move, and perhaps more still is to come.
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