Tag: Agriculture

  • August 2021 Market Letter

    | | Markets

    Commentary provided by Chad Burlet of Third Street AG Investments Released: August 31st, 2021 In comparison to the three highly volatile months which preceded it, the price action in August was rather pedestrian. Corn, wheat and soybean futures all had monthly trading ranges below 12% and their net price changes for the month were 0 – 4%. Risks and uncertainties abound, but for the past month they have been offsetting. Hurricane Ida struck the Mississippi River export elevators on Sunday causing damage to some and cutting power to many. There will be short term dislocations and both shippers and receivers will incur … Read more August 2021 Market Letter
  • Gamma Q July 2021 Market Update

    | | Markets

    Commentary provided by Todd Delay of Gamma Q Further consolidation occurred in July with range bound trading for corn and soybeans. Wheat was the leader with deteriorating conditions across many areas, particularly the Northern Plains supporting price. The July WASDE report reduced wheat stocks by nearly 100 million bushels and we feel further reductions need to be made. Our long bias to wheat drove returns for the month. As was touched upon in our last newsletter, the middle of the growing season in North America witnessed a continuation of two distinct weather conditions for the corn belt, East and West, … Read more Gamma Q July 2021 Market Update