Results: 39 Records found.
  • brugler_640x480

    Falling Knives

    Oct 12, 2018 05:04 PM

    The US equity markets dropped sharply this week, whether you are looking at the Dow, the S&P, the Russell or your IRA balance. Traders are prone to bottom picking, trying to buy things that are a lot cheaper than they were when bought just a couple days ago. The conventional advice to such traders is “don’t try to catch a falling knife”. That is indeed difficult to do on the pointy end, and is most easily accomplished on the handle end, i.e. still on the way down.

    Read More
  • brugler_640x480

    Muddy Waters

    Oct 05, 2018 04:32 PM

    This week’s theme works on a number of levels. The 5 day QPF rainfall forecast calls for 3-7” of rain in a swath from Texas to Wisconsin. That will lead to a lot of muddy water and muddier fields, with limited harvest activity for TX, OK, KS, MO, IA, IL and MN this week. Mold and other moisture related quality problems are being reported for soybeans in several areas. The supply/demand picture is about as clear as mud.

    Read More
  • brugler_640x480

    The Irish Curse

    Sep 28, 2018 05:04 PM

    While growing up, I was told there was an Irish curse wishing another “"May you live in interesting times". According to Wikipedia, this is “an English expression purported to be a translation of a traditional Chinese curse. While seemingly a blessing, the expression is normally used ironically, with the clear implication that "uninteresting times" of peace and tranquility are more life-enhancing than interesting ones, which, from a historical perspective, usually include disorder and conflict.

    Read More
  • brugler_640x480

    Balloon Earth

    Sep 21, 2018 03:50 PM

    The markets seemed a little surprised this week to see headlines touting a large increase in EU imports of US soybeans, and sales of US beans to Argentina. These shouldn’t be a surprise, as they are manifestations of my Balloon Earth concept, first shared with our farmer clients more than a year ago. What is Balloon Earth? It simply says that for commodity supply/demand purposes the Earth is a closed system. Food isn’t exported from the earth, nor is any imported. Where am I going with this?

    Read More
  • brugler_640x480

    Rhythm of the Seasons

    Sep 14, 2018 04:41 PM

    There is a definite change of pace around Labor Day. Football season starts, and your social calendar starts to fill up. Everybody but maybe the retirees is back from vacation, if they’re the sort that takes one. The corn and beans dry down, and the bins fill up. A combine, truck, wagon or grain dryer breaks, because that is what they do. USDA hikes yields, because big crops get bigger; and prices go down, because we’re never going to get rid of all this stuff. Repeat the pattern again next year

    Read More
  • brugler_640x480

    Timing is Everything

    Sep 07, 2018 03:43 PM

    Whether it’s a joke, a rain dance or trading the wheat market, timing is everything. For the joke, if the timing is off the result is either mean or unfunny. For wheat, well, there is an old axiom that says, “trade wheat, sleep in the street”. USDA is calling for world wheat stocks to decline in 2019, and for the global stocks/use ratio to be the tightest this century. With that setup, you’d expect US wheat exports to be up and prices to be higher. The folks at WASDE certainly think so.

    Read More
  • brugler_640x480

    Seeking Higher Resolution

    Aug 31, 2018 04:13 PM

    We keep a TV in the office tuned to either CNBC or Bloomberg TV, as do many trading and brokerage firms. Sometimes you see things there that haven’t hit Twitter or the wires yet! DirecTV informed me a couple weeks ago that they wanted to replace my antique analog satellite receiver (circa 2007) with a new HD model at no cost to me. However, the 11 year old Walmart TV is still low def and definitely shows it when hooked to the new HD signal. So we’re looking for a cheap HD TV that features

    Read More
Results: 39 Records found.