The US Employment Cost Index increased 0.8% in the 3rd quarter, the Labor Department said today.  For the year the index is now up 2.8%.  Wages and salaries are up 2.9% in the last 12 months through September.  That is the biggest gain in 10 years!

The Export report was bearish for corn, soybeans, and wheat.  The market wants to see wheat sales to justify $5 prices.  The corn and soybean market seasonally enjoy increased export sales this time of year but that has not been the case.

Soybeans are holding the 50 day moving average.  A close below $8.69 in Jan 19 soybeans and a close below $9.1250 in Nov 19 soybeans could send the whole soy complex another leg lower.

High Natural Gas demand (for cooling) this spring and summer had drawn down stocks more than expected.  The early start of winter and forecasts of a colder winter could be supportive of Natural Gas until February.

The USDA released the Oct WASDE at 11am central and the report is less bearish than expected, which is causing a modest rally in the grain and oilseed markets.

Tech stocks lead the markets lower today as the ten year interest rate is 3.25%, a high we have not seen since 2011.  The two year interest rate has not been this high since 2008!  The pace of interest rate increases is what fund managers are really co...

The US, Mexico, and Canada announced on Sunday their new trade agreement.  It is being billed as the new and improved NAFTA, and will now be called USMCA (US-Mexico-Canada Agreement). The ag markets have been trading higher since the announcement.

June can be a good month of weather rallies as spec traders look to play the upside while farmers look to market more corn and soybeans. Listen to industry expert Craig Turner discusses his expectations.

June can be a good month of weather rallies as spec traders look to play the upside while farmers look to market more corn and soybeans. Listen to industry expert Craig Turner discusses his expectations.

June can be a good month of weather rallies as spec traders look to play the upside while farmers look to market more corn and soybeans. Listen to industry expert Craig Turner discusses his expectations.