Good morning.
Halfway through the month.
Mixed bag this morning. Corn up a tad, beans down 3 and wheat up 2.
Stocks are slightly better and helped by Yellen's dovish testimony yesterday. Oil is down $5.08 to $1282.11.
The 10 year is climbing and the yield is falling. Currently at 2.72%.
The overarching feeling is that we should be doing better and with $85 billion a month, going sideways is a failure. We get Empire Manufacturing, Industrial Production and Capacity Utilization today. Should be a good day for data.
Had an excellent time a the NAFB yesterday in Kansas City. Great to see everyone and I think it is a top notch event.
So it's back in the saddle for me today and back to gettin' after it.
