Market Comments covers weekly developments from Wed. to Tues.
Weekly Market Comments: 12/29/10
The Acres Maze in 2011
As we close out this year of high-octane price exposure, we are amazed that our forecast for the new year warns that 2010 was just a tune-up. Discovering where and when we may confirm the 10 million acres needed for the 'new year' will be key... along with the price at which we will we see significant demand rationing.
Is There Room for Contrary Opinion in Corn?
A year ago, GM was being called Government Motors and facing lukewarm expectations following the bail out. Today, Wall Street analysts are projecting that General Motors will trade at $50 in 2011.
January is expected to set the pace for forex trading in the new year and the dollar is looking stronger against its foreign counterparts as volatility expectations remain low.
The ethanol tax credit has been extended another year. Can the industry convince lawmakers that further extension is worthwhile? They will need to in order to avoid the job losses causes by the credit's last expiration.
We believe positions are unique to each person's risk bearing ability, marketing strategy and crop conditions, therefore we give no blanket recommendations. The risk of loss in trading commodities can be substantial, therefore carefully consider whether such trading is suitable for you in light of your financial condition.
