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Gary's Blog 01/22/26 1:05:35 PM
1-22-26
Markets are trying to find their post report footing as we seem to have fallen into a new (lower) range. Greenland talks quieted down as cool heads prevailed at Davos. A massive winter storm is about to blanket a large part of the Midwest with snowfalls in the 10-12inch range while southern states could be dealing with ice. This has allowed for basis improvements as end users try to secure nearby supply before roads become dangerous. Meteorologists say it could be the coldest weather we have seen in nearly a decade. (Ohio) Brazilian harvest is underway as they gather a record sized crop. Argentina on the other hand is battling some dry weather that could reduce their overall production.
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