Grains: What Will Watson Do Next?

• Based on my Market Rule #6 (Fundamentals win in the end), we need to understand REAL market fundamentals to discuss where investment money might move over the coming weeks and months. 
• Markets in the Softs sector continue to show inverted forward curves, as does the WTI Crude Oil market. 
• Weather will likely be the deciding factor as to if some of the newly created investment money makes its way into the Grains sector. 

My friend Tony St. James took over the role of Market Specialist at RFD-TV this past August. I’ve talked to Tony about markets for many years, usually by phone interview, and am excited that I now get to visit with him face to face twice each week as part of my role as Barchart Senior Market Analyst[i]. The usual process is I’ll send RFD-TV my Morning Commentary, which is then passed along to Tony and others to lay the groundwork of things we can talk about. However, my friend does additional reading of what I post to Barchart, opening the door to further discussion. This morning (Tuesday, October 9) was just such a case as Tony referenced my recent piece, “Markets: Sunday Morning Q&A”. In it I talked about how my favorite part of presentations over the years was the Q&A as I never knew what question would come up next. With that in mind, Tony asked me THE key question on air, “What questions should we be asking at this time?”