ken morrison
@morrisonmkts.bsky.social
commodities; mostly of the agricultural kind
U.S. Soybeans for Export: 8.9 mmt inspections crop-yr-to-date is down 7-16% from the same date in 2018 & 2019 during Trump 1.0 Trade War.
China is not the only customer missing from the list. Another indication how increased production in Brazil has taken market-share from the U.S.
China is not the only customer missing from the list. Another indication how increased production in Brazil has taken market-share from the U.S.
November 10, 2025 at 5:37 PM
U.S. Soybeans for Export: 8.9 mmt inspections crop-yr-to-date is down 7-16% from the same date in 2018 & 2019 during Trump 1.0 Trade War.
China is not the only customer missing from the list. Another indication how increased production in Brazil has taken market-share from the U.S.
China is not the only customer missing from the list. Another indication how increased production in Brazil has taken market-share from the U.S.
58% of the 400 ag producers surveyed monthly by Purdue say use of tariffs will make agriculture stronger, more than 2x the # who believe tariffs weaken U.S. agriculture
November 5, 2025 at 2:06 PM
58% of the 400 ag producers surveyed monthly by Purdue say use of tariffs will make agriculture stronger, more than 2x the # who believe tariffs weaken U.S. agriculture
Reposted by ken morrison
In giant agribusiness news...
1. Cargill lays of 80 HQ employees (image and StarTribune link)
2. Cargill attributes a one-time gain to $455 million in tax savings from the Big Bill (MSN link)
...that's how the rich get richer
www.msn.com/en-us/money/...
www.startribune.com/cargill-layo...
1. Cargill lays of 80 HQ employees (image and StarTribune link)
2. Cargill attributes a one-time gain to $455 million in tax savings from the Big Bill (MSN link)
...that's how the rich get richer
www.msn.com/en-us/money/...
www.startribune.com/cargill-layo...
Cargill laying off 80 more employees at Minnesota headquarters
The cuts are in addition to 475 local jobs the agriculture giant eliminated earlier this year.
www.startribune.com
October 29, 2025 at 8:32 PM
In giant agribusiness news...
1. Cargill lays of 80 HQ employees (image and StarTribune link)
2. Cargill attributes a one-time gain to $455 million in tax savings from the Big Bill (MSN link)
...that's how the rich get richer
www.msn.com/en-us/money/...
www.startribune.com/cargill-layo...
1. Cargill lays of 80 HQ employees (image and StarTribune link)
2. Cargill attributes a one-time gain to $455 million in tax savings from the Big Bill (MSN link)
...that's how the rich get richer
www.msn.com/en-us/money/...
www.startribune.com/cargill-layo...
BBG Commodity Index: Precious metals at 18% weight of the index have been a big part of this rally . Rallies have failed here 6x in the past 3 years. 7 ? TBD
October 23, 2025 at 9:30 PM
BBG Commodity Index: Precious metals at 18% weight of the index have been a big part of this rally . Rallies have failed here 6x in the past 3 years. 7 ? TBD
Reposted by ken morrison
That clampdown on the Pentagon press corps has done wonders. 🤡
@jamiedupree.bsky.social
www.washingtontimes.com/news/2025/oc...
@jamiedupree.bsky.social
www.washingtontimes.com/news/2025/oc...
October 21, 2025 at 5:49 PM
That clampdown on the Pentagon press corps has done wonders. 🤡
@jamiedupree.bsky.social
www.washingtontimes.com/news/2025/oc...
@jamiedupree.bsky.social
www.washingtontimes.com/news/2025/oc...
Gold: It will be important to see if volume in the lead-month December contract exceeds Friday's 570k, the largest volume since January 2020.
October 21, 2025 at 2:09 PM
Gold: It will be important to see if volume in the lead-month December contract exceeds Friday's 570k, the largest volume since January 2020.
Friday's volume in the lead-month futures contract, on the $91 decline, was the largest since January 2020
Gold: So you wanna trade Gold futures. @cmegroup margin for the 100 oz. contract is now $19k.
October 18, 2025 at 1:13 PM
Friday's volume in the lead-month futures contract, on the $91 decline, was the largest since January 2020
Gold: So you wanna trade Gold futures. @cmegroup margin for the 100 oz. contract is now $19k.
October 17, 2025 at 12:26 PM
Gold: So you wanna trade Gold futures. @cmegroup margin for the 100 oz. contract is now $19k.
Bunge : 52-week high Wednesday on better-than-expected earnings revision
October 16, 2025 at 12:01 PM
Bunge : 52-week high Wednesday on better-than-expected earnings revision
Live Cattle: Closed higher 8 consecutive days, longest upside streak since June 2023 (9 days). Open interest has declined 10k contracts on this rally indicating short-covering has dominated the $-flow.
October 15, 2025 at 2:14 PM
Live Cattle: Closed higher 8 consecutive days, longest upside streak since June 2023 (9 days). Open interest has declined 10k contracts on this rally indicating short-covering has dominated the $-flow.
Gold: Futures-volume on Thursday's decline was the largest since April 2024
October 10, 2025 at 12:22 PM
Gold: Futures-volume on Thursday's decline was the largest since April 2024
Farmer's Expectations for a Bailout & Views about use of Tariffs (Purdue University survey taken mid-September)
October 8, 2025 at 9:39 PM
Farmer's Expectations for a Bailout & Views about use of Tariffs (Purdue University survey taken mid-September)
As it currently stands, this is what healthcare costs in Rural America is likely to resemble in 2026 vs. 2024.
October 3, 2025 at 4:07 PM
As it currently stands, this is what healthcare costs in Rural America is likely to resemble in 2026 vs. 2024.
Reposted by ken morrison
September 30, 2025 at 4:26 PM
USDA Data is Moving:
September 30, 2025 at 12:59 PM
USDA Data is Moving:
Managed-$ funds net-sellers of all 5 major crop-related markets (C,W,S,SBM, & SBO) w/e 9/23 and net-short all 5 for the first time since 4/16/24
September 26, 2025 at 9:44 PM
Managed-$ funds net-sellers of all 5 major crop-related markets (C,W,S,SBM, & SBO) w/e 9/23 and net-short all 5 for the first time since 4/16/24
Reposted by ken morrison
Argentine's temporary suspension of taxes on grain & oilseed exports could prove to be a watershed event. It enabled an immediate windfall rise in prices and raised $7+BLN in hard currency in 3 days.
Export Taxes have distorted Argentine trade flows for years. It may end soon.
Export Taxes have distorted Argentine trade flows for years. It may end soon.
September 25, 2025 at 5:47 PM
Argentine's temporary suspension of taxes on grain & oilseed exports could prove to be a watershed event. It enabled an immediate windfall rise in prices and raised $7+BLN in hard currency in 3 days.
Export Taxes have distorted Argentine trade flows for years. It may end soon.
Export Taxes have distorted Argentine trade flows for years. It may end soon.
Reposted by ken morrison
It's not normal to accept $50,000 in cash in a paper bag. Congress must investigate the allegations against Tom Homan (via Bloomberg Opinion)
Homan $50,000 Bribe Allegation Deserves a Thorough Probe
Congress must get to the bottom of whatever happened with the border czar and the bag of cash.
bloom.bg
September 24, 2025 at 9:00 PM
It's not normal to accept $50,000 in cash in a paper bag. Congress must investigate the allegations against Tom Homan (via Bloomberg Opinion)
BBG: Shipping Fees coming soon on China vessels calling at U.S. Ports
September 18, 2025 at 1:04 PM
BBG: Shipping Fees coming soon on China vessels calling at U.S. Ports
BBG: China's monthly soybean imports. There have been no U.S. soybean shipments to China since May & there are currently no sales to China as they turned to Brazil for soybean supply.
September 15, 2025 at 12:00 PM
BBG: China's monthly soybean imports. There have been no U.S. soybean shipments to China since May & there are currently no sales to China as they turned to Brazil for soybean supply.
As the new crop-year export sales-reporting begins, that there is no line-item for Soybean sales to China is worth noting.
I'd wager one would have to go back to pre-1995 to find a year when there were 0 U.S. Soybean sales to China.
I'd wager one would have to go back to pre-1995 to find a year when there were 0 U.S. Soybean sales to China.
September 11, 2025 at 12:59 PM
As the new crop-year export sales-reporting begins, that there is no line-item for Soybean sales to China is worth noting.
I'd wager one would have to go back to pre-1995 to find a year when there were 0 U.S. Soybean sales to China.
I'd wager one would have to go back to pre-1995 to find a year when there were 0 U.S. Soybean sales to China.
Reposted by ken morrison
Russian #wheat export prices dipped below $230 last week 📉
More weakness ahead?
More: sizov.report?utm_campaign...
#oatt #agwx #sizovreport
More weakness ahead?
More: sizov.report?utm_campaign...
#oatt #agwx #sizovreport
September 11, 2025 at 11:32 AM
Russian #wheat export prices dipped below $230 last week 📉
More weakness ahead?
More: sizov.report?utm_campaign...
#oatt #agwx #sizovreport
More weakness ahead?
More: sizov.report?utm_campaign...
#oatt #agwx #sizovreport
*TRUMP MEDIA REPORTS FILING REGISTRATION FOR FIVE EQUITY ETFS
Trump & his family's net worth rises while net-worth of U.S. farmers declines... over 70% of the latter voted for Trump in 2024. They liked his policies.
Trump & his family's net worth rises while net-worth of U.S. farmers declines... over 70% of the latter voted for Trump in 2024. They liked his policies.
Divergent views on the state of U.S. agriculture:
Sec. of Agriculture Rollins: 'Golden age' for American farmers is 'around the corner'
DTN Reports: Farmer Fears Over Economic Conditions
Arkansas Farmers Warn of Crisis as Crop Prices Fall; Call for Ad Hoc Aid
Sec. of Agriculture Rollins: 'Golden age' for American farmers is 'around the corner'
DTN Reports: Farmer Fears Over Economic Conditions
Arkansas Farmers Warn of Crisis as Crop Prices Fall; Call for Ad Hoc Aid
September 10, 2025 at 12:55 PM
*TRUMP MEDIA REPORTS FILING REGISTRATION FOR FIVE EQUITY ETFS
Trump & his family's net worth rises while net-worth of U.S. farmers declines... over 70% of the latter voted for Trump in 2024. They liked his policies.
Trump & his family's net worth rises while net-worth of U.S. farmers declines... over 70% of the latter voted for Trump in 2024. They liked his policies.
U.S. Ag Trade to China: When the forecast for the smallest trade in 18 years looks optimistic
September 9, 2025 at 1:02 PM
U.S. Ag Trade to China: When the forecast for the smallest trade in 18 years looks optimistic