Author: IASG

  • Incredible Velocity Movement Between KC Wheat and Chicago Corn

    | | Agriculture

    Commentary provided by Chad Burlet of Third Street AG Investments As always, the month of March and the first quarter ended with the USDA’s release of their March 1 stocks report and their spring planting intentions report. These reports often have the potential to dramatically disrupt conventional wisdom and today’s report did not disappoint. For the past several years the stocks numbers have provided the biggest surprise, but today it was the acreage estimates that rocked the market. Both corn and soybeans came in well below the average of the analysts’ estimates. An overwhelming majority expected the two major row crops to … Read more Incredible Velocity Movement Between KC Wheat and Chicago Corn
  • February 2021 Grain Market Commentary

    | | Agriculture

    Commentary provided by Chad Burlet of Third Street AG Investments With only one trading day left in February, it’s clear that the spring acreage fight has captured the market’s attention. While old crop corn and soybeans struggled near highs that were set weeks ago, November soybeans and December corn raced to new contract highs yesterday. Through today’s close December corn has gained 21 cents on March corn and November soybeans have gained 52 cents on March soybeans.  On February 18-19 the USDA held its annual Agricultural Outlook Forum. This event always provides the USDA’s first look at the supply and demand … Read more February 2021 Grain Market Commentary
  • February Flash Report

    | | Flash Report

    Seems equities in February snapped back putting most indexes into positive territory on the year. Where are we at in this bull market? Are equities running out of steam? Will we topple then race back up to new highs again? What else can the FED do to support the economy? With all these questions looming, the most noticeable trend in futures is volatility as it has returned across a whole host of assets in financial and commodity futures. There is growing anticipation of inflation combined with the fuel of a commodity super cycle. It appears opportunities are abundant across all … Read more February Flash Report
  • January Flash Report

    | | Flash Report

    January saw a rather difficult transfer of power with the incredibly sad rioting of the U.S. Capital. No matter what side of the aisle on which you lean this act was about as un patriotic as it gets. With Biden now confirmed and control fully in the hands of democrats we can now focus our attention on policy from the new administration.  Reversals of Trump policy have already begun with the United States re-joining the Paris Climate Agreement. Much more should be expected as the US and the World appears to be looking toward the pre-COVID way of life.  Much … Read more January Flash Report
  • Commodities: A Range of Opportunities for 2021 – Market Outlook

    | | Commodities

    “With a new secular bull trend, Commodities are among the most attractive markets this year. This commodity environment could be an exceptional moment to be in a spread program.” The economic pendulum tends to be swinging towards commodities. The notion that low commodity prices are their own cure may be playing out in 2021[1], with help from its relationship to the post-pandemic economy and mean-reversion risks of a high dollar and U.S. stock market. Also, improving demand and central banks worldwide seeking expansionary policies are giving commodities a boost. After years of a bear market, Commodities seem to be undervalued … Read more Commodities: A Range of Opportunities for 2021 – Market Outlook