Market Summary. Commitment of. Traders. Managed Money. Fund Positions
|
|
- Whitney Greer
- 5 years ago
- Views:
Transcription
1 October 26, 2018 Market Summary The grain markets saw an increase in volatility to end the week with December corn declining 7 1/4 cents on Thursday before rebounding 6 3/4 cents on Friday. This follows the market declining 10 cents from the near term high made on October 15th at $3.78 1/2. November beans also saw a sharp drop on Thursday of 8 1/2 cents followed by a slight recovery of 3 1/4 cents on Friday. Prior to this, values had declined 41 3/4 cents from the October 15th high. Finally, December wheat declined 12 1/4 cents on Friday before rebounding 18 cents on Friday. Prior to this, values had declined 27 1/2 cents from the recent high. There are several factors in the recent price action...but at a very high level it feels like we stretched the rubber band a little too far to the downside resulting in the correction back up on Friday. More specifically, I ll start with the wheat market. We ve been talking about for over a month how the Black Sea wheat market was going to run out of wheat with Russia likely to shut off exports at some point. Despite this, US wheat exports have been trailing significantly below last year and far from the pace needed to reach the USDA s estimate. Wheat really needed to find a price level that would make it more attractive on the global market. When wheat dipped below $5.00 this week, we essentially found a level that was starting to draw export attention. That does not make wheat bullish...but it does take away the incentive for funds to sell wheat. Soybeans, continue to lag way behind levels needed to reach the USDA estimate. At this pace, we could see US export sales trimmed significantly with the US carryout potentially pushing up towards 1B bushels. It s hard to make a case for stronger bean values unless a deal gets worked out with China. Even then, it may not justify higher bean values, but the market will likely shoot first and ask questions later. Finally, for corn the market continues to find reasons to reduce the upside potential. We ve expected a strong demand market to help forge early fall lows and work prices higher. However, instead we ve had 2 very poor weeks of exports and find ourselves being challenged more than we expected for export business by Argentina and Ukraine. Even Brazil has competitive offers for Jan/Feb. To be clear, US export sales are well ahead of the pace needed, but in the last week sales were so poor that we dropped from 40% above last year to 32% ahead of last year. Finally, we also see demand threatened in the US by very poor ethanol margins which is gradually reducing domestic demand for corn. For now, it feels like corn is seeking out a level that will spur better export demand which we expect to show up in the $3.50 to $3.65 area on December 18 corn futures. As of: 10/23/18 Long/ Short Inside this issue Weekly Price Change... 2 Drought Monitor Day Precip... 4 Harvest Progress Day Day... 5 Exports... 6 Technicals.7 Commitment of Corn Traders Managed Money Fund Positions Soybeans Wheat +25K -44K -26k Change +5K -8K -26K
2 Weekly Price Change: 10/26/2018 Price Change % Change Corn Dec $3.67 3/4 +$ % Soybeans Nov $8.45 ($0.1175) -1.3% Wheat Dec $5.05 1/4 ($0.095) -1.9% Feeder Cattle Jan $ $ % Live Cattle Dec $ $ % WTI Crude Oil $67.74 ($1.37) -2.0% US Dollar Index $ % DJIA (758) -3.0% 2
3 US Drought Monitor 3
4 7 Day GFS Precipitation Forecast US Corn Harvest Progress Harvest progress was up 10% this week to 49%. SD, IA, and NE are below average pace, while he rest of the Midwest remains above average. Favorable weather this week should continue to push harvest progress forward in next week s report. 4
5 6 to 10 Day Forecast Precipitation Temperature Precipitation 8 to 14 Day Forecast Temperature 5
6 Exports Sales Export sales were MY lows this week as we only saw 13.7MM bushels hit the books. This brings the cumulative annual sales to 843MM bushels, which is the second highest YTD total on record Export Inspections Export inspections were slightly higher week on week, coming in at 40MM bushels which is roughly 6MM bushels below the average pace needed to hit the USDA export estimate. Cumulative exports reached 262MM this week which is the second highest YTD exports on record. 6 6
7 Technical Analysis Dec corn continues to oscilate around it s VPOC (most traded price) of $3.65/bushel. This also happens to be right in the middle of the recent channel that has been established since mid- July, with resistance at $3.77 and support all the way down at $3.37 (where Sept went off the board). RSI remains at a neutral level and does not indicate either overbought or oversold. For now, we seem to have established a trading range of $3.60-$
DAILY GRAINS COMMENTARY Monday January 04, 2016
DAILY GRAINS COMMENTARY Monday January 04, 2016 DAILY SOY COMPLEX COMMENTARY Nice widespread rains for central/northern Brazil plus selling? SOY BEANS -4.4, BEAN OIL -0.4, SOYMEAL -0.4 OVERNIGHT DEVELOPMENTS:
More informationBESTER DERIVATIVE TRADING TECHNICAL BRIEF
9 November 2018 US DOLLAR INDEX BESTER DERIVATIVE TRADING TECHNICAL BRIEF The US Dollar Index is developing the third upward leg inside an upward sloping channel which started in September. Resistance
More informationDAILY GRAINS COMMENTARY Friday June 29, 2018
DAILY GRAINS COMMENTARY Friday June 29, 2018 DAILY SOY COMPLEX COMMENTARY 06/29/18 Without help from Weather or China; supply news bearish OVERNIGHT CHANGES THROUGH 6:05 AM (CT): SOY BEANS +2.0, BEAN OIL
More informationMARKETLINE. Soybeans: Bullish Acreage Report. Cash Only. Future Hedgers. What to Sell. Future Hedgers. Only
MARKETLINE www.progressiveag.com 701-277-9210 1-800-450-1404 April 1, 2016 What to Sell Cash Only Cash Only Future Hedgers Future Hedgers Week s Rank 2015 2016 2015 2016 1. HRS Wheat 30% 0% 30% 0% 2. Soybeans
More informationMARKETLINE. Soybeans: South American Pressure. Cash Only. Future Hedgers. What to Sell. Future Hedgers. Only
MARKETLINE www.progressiveag.com 701-277-9210 1-800-450-1404 February 26, 2016 What to Sell Cash Only Cash Only Future Hedgers Future Hedgers Week s Rank 2015 2016 2015 2016 1. HRS Wheat 30% 0% 30% 0%
More informationCattle: Dollar: Energies:
j 3/11/2015 CONTACTS: Chuck Shelby O: (866) 837-9027 C: (765) 426-7535 Bryan Shelby O: (866) 837-9027 Bill Gentry O: (877) 433-4348 or O: (866) 837-9027 C: (219) 863-0055 Sherman Newlin O: (866) 314-5765
More informationGrain Marketing. Swenson Investments & Commodities
Trading futures and options involves substantial risk of loss and is not suitable for all investors or producers. Grain Marketing Swenson Investments & Commodities 608 N West Ave Sioux Falls, SD 57104
More informationMay 26, 2017 CORN. Planting Progress
May 26, 2017 CORN ENCOURAGING WEEK July corn was strong right out of the gate Monday as the market responded to some weather complications across the Corn Belt. Soybeans came under pressure late in the
More informationSoybeans face make or break moment Futures need a two-fer to avoid losses By Bryce Knorr, senior grain market analyst
Soybeans face make or break moment Futures need a two-fer to avoid losses By Bryce Knorr, senior grain market analyst A year ago USDA shocked the market by cutting its forecast of soybean production, helping
More informationDAILY GRAINS COMMENTARY Tuesday June 12, 2018
DAILY GRAINS COMMENTARY Tuesday June 12, 2018 DAILY SOY COMPLEX COMMENTARY 06/12/18 No sign of low but North Korea news long term supportive OVERNIGHT CHANGES THROUGH 6:05 AM (CT): SOY BEANS +7.0, BEAN
More informationMARKETLINE. Soybeans: Flat Week. What to Sell. Cash Only. Future Hedgers. Future Hedgers. Only
MARKETLINE www.progressiveag.com 701-277-9210 1-800-450-1404 March 18, 2016 What to Sell Cash Only Cash Only Future Hedgers Future Hedgers Week s Rank 2015 2016 2015 2016 1. HRS Wheat 30% 0% 30% 0% 2.
More informationDaily Grain and Livestock Commentary Friday November 02, 2018
Daily Grain and Livestock Commentary Friday November 02, 2018 DAILY SOY COMPLEX COMMENTARY Enough positive news to spark short-covering bounce into USDA OVERNIGHT CHANGES THROUGH 6:06 AM (CT): SOY BEANS
More informationSeptember futures traded to a new low for the move of 3.46 ¾ probing under the June 19 th low. Resistance is at the winter lows of 3.70, the 50% retra
Technical Overview Corn prices have continued to drop and are testing the lows on the nearby contracts from last winter near 3.35, completely retracing the winter/spring rally. The next support is the
More informationSoybeans face long road End to tariffs wouldn t help 2018 exports much By Bryce Knorr, senior grain market analyst
Soybeans face long road End to tariffs wouldn t help 2018 exports much By Bryce Knorr, senior grain market analyst Forecasting grain prices is relatively easy in normal times. Most models assume the future
More informationDAILY MARKET REPORT 22 NOVEMBER 2018
DAILY MARKET REPORT 22 NOVEMBER 2018 Unigrain (Pty) Ltd Tel. No. : +27 11 692 4400 Fax. No. : +27 11 412 1183 Economic Indicators Quote at 12h00 previous day Current quote Change % Change Rand/Dollar 14.00
More informationSaturday, January 5, Notes from Al
Get This Newsletter Every Saturday from Al Kluis Commodities..."Your Markets, Right Now"...AlKluis.com Saturday, January 5, 2013 Notes from Al Happy New Year and welcome to a volatile 2013. It has been
More informationCHS Pro Advantage Update- February Corn
CHS Pro Advantage Update- February 2018 Corn Recap and Outlook- The most important thing that happened in corn since our last update is the breakout of the 2 ½ month trading range that had existed prior
More informationSOYBEAN COMPLEX SPRING OUTLOOK
30 141 W. Jackson Boulevard THE HIGHTOWER REPORT FUTURES ANALYSIS & FORECASTING Suite 4002 Chicago, Illinois 60604 312-786-4450 / 800-662-9346 www.futures-research.com Special Report SOYBEAN COMPLEX SPRING
More informationTurner s Take WASDE Expectations vs. Sept WASDE report:
Published by: Craig Turner 11/4/2013 4:02:09 PM In this issue 1) CORN: USDA Friday exected to be bearish. Looking to short Corn ahead of WASDE 2) SOYBEANS: Short Bean Ideas with Long Call Protection 3)
More informationBy Tom Leffler and Larry Glenn. 14- Day RSI. 10-Day Moving Avg. Today's Low
www.lefflercom.com By Tom Leffler and Larry Glenn TODAY S THOUGHT Friday, December 30, 2016 HAPPY NEW YEAR 2017 MONDAY, JAN 2 ND GRAINS OPEN AT 7 PM.TUESDAY, JAN 3 RD LIVESTOCK OPENS AT 8:30 AM Tues Jan
More informationWheat Outlook August 19, 2013 Volume 22, Number 45
Market Situation Today s Newsletter Market Situation Crop Progress 1 Weather 1 Crop Progress. The winter wheat harvest is 96% complete as of August 18th, just ahead of the normal pace of 94%. The spring
More informationBUSINESS AND MARKETING TOOLS FOR PROFITABLE FARMING. Summer Crossroads: Volatility and Opportunity. Bryce Knorr Farm Futures Magazine
Summer Crossroads: Volatility and Opportunity Bryce Knorr Farm Futures Magazine Don t Bury The Lead Why were soybeans up more than 50 cents despite higher acres? 2014 crop likely smaller Acreage up in
More informationDAILY MARKET REPORT 17 SEPTEMBER 2018
DAILY MARKET REPORT 17 SEPTEMBER 2018 Unigrain (Pty) Ltd Tel. No. : +27 11 692 4400 Fax. No. : +27 11 412 1183 Economic Indicators Quote at 12h00 previous day Current quote Change % Change Rand/Dollar
More informationFertilizer market starts to crack India nabs lower prices in latest urea tender By Bryce Knorr, grain market analyst
Fertilizer market starts to crack India nabs lower prices in latest urea tender By Bryce Knorr, grain market analyst When India talks in the fertilizer market, the world listens. The large importer of
More informationCrops Marketing and Management Update
Crops Marketing and Management Update Grains and Forage Center of Excellence Dr. Todd D. Davis Assistant Extension Professor Department of Agricultural Economics Vol. 2018 (2) February 14, 2018 Topics
More informationDAILY MARKET REPORT 05 NOVEMBER 2018
DAILY MARKET REPORT 05 NOVEMBER 2018 Unigrain (Pty) Ltd Tel. No. : +27 11 692 4400 Fax. No. : +27 11 412 1183 Economic Indicators Quote at 12h00 previous day Current quote Change % Change Rand/Dollar 14.35
More informationJune 2018 Monthly Commodity Market Overview Newsletter. Stock Index Futures. By the ADMIS Research Team
June 2018 Monthly Commodity Market Overview Newsletter By the ADMIS Research Team Stock Index Futures Stock index futures performed well in spite of increased global trade tensions. In fact NASDAQ and
More informationDAILY MARKET REPORT 14 SEPTEMBER 2018
DAILY MARKET REPORT 14 SEPTEMBER 2018 Unigrain (Pty) Ltd Tel. No. : +27 11 692 4400 Fax. No. : +27 11 412 1183 Economic Indicators Quote at 12h00 previous day Current quote Change % Change Rand/Dollar
More informationDAILY MARKET REPORT 19 NOVEMBER 2018
DAILY MARKET REPORT 19 NOVEMBER 2018 Unigrain (Pty) Ltd Tel. No. : +27 11 692 4400 Fax. No. : +27 11 412 1183 Economic Indicators Quote at 12h00 previous day Current quote Change % Change Rand/Dollar 14.20
More informationDAILY MARKET REPORT 12 JULY 2018
DAILY MARKET REPORT 12 JULY 2018 Unigrain (Pty) Ltd Tel. No. : +27 11 692 4400 Fax. No. : +27 11 412 1183 Economic Indicators Quote at 12h00 previous day Current quote Change % Change Rand/Dollar 13.50
More informationDAILY SOY COMPLEX COMMENTARY 10/31/18
Wednesday October 31, 2018 150 S. Wacker Dr., Suite 2350 Chicago, IL 60606 800-621-1414 or 312-277-0102 info@zaner.com www.zaner.com DAILY SOY COMPLEX COMMENTARY Market lacks reasons for speculative buyers
More informationMarketing Strategies for Robert Anwender Grain Merchandiser
Marketing Strategies for 2015 Robert Anwender Grain Merchandiser Marketing Tips for 2015 and Forward! Build a Knowledge Base: Stay in tune with market fundamentals Understand how a volatile dollar affects
More informationCrops Marketing and Management Update
Crops Marketing and Management Update Grains and Forage Center of Excellence Dr. Todd D. Davis Assistant Extension Professor Department of Agricultural Economics Vol. 2018 (3) March 11, 2018 Topics in
More informationDAILY MARKET REPORT 21 DECEMBER 2018
DAILY MARKET REPORT 21 DECEMBER 2018 Unigrain (Pty) Ltd Tel. No. : +27 11 692 4400 Fax. No. : +27 11 412 1183 Economic Indicators Quote at 12h00 previous day Current quote Change % Change Rand/Dollar 14.25
More informationUrea makes new push higher Supply problems crop up just as demand for fertilizer rises By Bryce Knorr, grain market analyst
Urea makes new push higher Supply problems crop up just as demand for fertilizer rises By Bryce Knorr, grain market analyst What passes for calm in the fertilizer market never seems to last long. Just
More informationCommtrendz Research. Weekly Snapshots 04-June-2007
Comex Gold (August) Gold futures ended higher on Friday as crude oil prices surged higher and base metals regained their strength. Economic data released during the week suggest that the Fed may hold interest
More informationDaily Commentary. Corn (888) Monday, July 22, Today s Trade Action. Today s Closing Prices. Recommendations.
Corn The market finished lower but off it earlier lows as soybeans supplied support for the corn market today. The USDA cut the good to excellent rating by 3 points in crop condition report released after
More informationTop Producer Conference Chicago, Illinois January 21, 2009
Top Producer Conference Chicago, Illinois January 21, 2009 A Primer on Risk Management 2009 Jeff Beal JERRY GULKE S STRATEGIC MARKETING SERVICES, INC. PO BOX 6222, ROCKFORD, IL, 61125 Phone: 602-795-5893
More informationDecision enabling cash market analysis & price outlook
Decision enabling cash market analysis & price outlook For the week beginning Oct 16, 213 Fundamental Summary Technical Summary Price drivers Report Summary Prevailing dryness across Argentina Lower sun
More informationNews & Development Bollinger Band Retracement Levels Rising Channel Overall, we maintain our bullish view in MCX Crude Oil for the next one month.
2 nd June 2018 News & Development MCX Crude Oil prices had witnessed a significant incline during the month of April owing to geopolitical tensions prevailing across the globe. MCX Crude futures further
More informationCrops Marketing and Management Update
Crops Marketing and Management Update Department of Agricultural Economics Princeton REC Dr. Todd D. Davis Assistant Extension Professor -- Crop Economics Marketing & Management Vol. 2016 (2) February
More informationOvercoming Greed and Fear in Commodity Markets. Larry Martin, Ph. D. Agrifood Management Excellence ,
Overcoming Greed and Fear in Commodity Markets Larry Martin, Ph. D. Agrifood Management Excellence 519 841 1698, dlm@xplornet.com Introduction Presentation based on our company s recent column in Country
More informationAdam Pukalo Commodity Futures Advisor TECHNICALS & TRENDS. February 2017 Edition. Highlighted: Canola, Canadian Dollar, Wheat, Corn, Cattle
TECHNICALS & TRENDS February 2017 Edition Highlighted: Canola, Canadian Dollar, Wheat, Corn, Cattle Before I start this months review and look ahead I want to mention some significant market moves we saw
More informationCommodity Price Outlook & Risks
Commodity Outlook & Risks Research Department, Commodities Team March, 2 www.imf.org/commodities commodities@imf.org This monthly report presents a price outlook and risk assessment for selected commodities
More informationMacroeconomic Outlook for U.S. Agriculture
Macroeconomic Outlook for U.S. Agriculture Nathan Kauffman Omaha Branch Executive and Economist Federal Reserve Bank of Kansas City May 18, 216 The views expressed are those of the author and do not necessarily
More informationDecember 2018 Monthly Commodity Market Overview Newsletter. Stock Index Futures
December 2018 Monthly Commodity Market Overview Newsletter By the ADMIS Research Team of Steve Freed, Alan Bush, Michael Niemiec & Chris Lehner Stock Index Futures Stock index futures have come under pressure
More informationWheat market may take patience Exports, seasonal weakness weigh on prices for now. By Bryce Knorr, Senior Grain Market Analyst
Wheat market may take patience Exports, seasonal weakness weigh on prices for now By Bryce Knorr, Senior Grain Market Analyst The best days of the wheat rally may still be ahead. But first the market may
More information10/06/2013. USA: Planting Progress Corn. XXVI FEFAC Congress
XXVI FEFAC Congress Outlook on the EU and global oilseeds and cereals markets / campaign 2013 1014. COCERAL view on the impacts of the EU financial markets reform Stefan Vogel Vice President COCERAL Price
More informationRisk Management & Profitability
Risk Management & Profitability The challenge to making money and being profitable in any industry is 2 fold First you have to maximize production and minimize cost. Second, you have to know how to manage
More informationTHE HIGHTOWER REPORT
Futures Analysis & Forecasting HightowerReport.com March 21, 214 Strategies for March 31st Report: Non-standard Options New, non-standard options at the CME can be great tools for commodity traders, especially
More informationFundamental Factors Affecting Agricultural and Other Commodities. Research & Product Development Updated July 11, 2008
Fundamental Factors Affecting Agricultural and Other Commodities Research & Product Development Updated July 11, 2008 Outline Review of key supply and demand factors affecting commodity markets World stocks-to-use
More informationDAILY MARKET REPORT 16 JANUARY 2019
DAILY MARKET REPORT 16 JANUARY 2019 Unigrain (Pty) Ltd Tel. No. : +27 11 692 4400 Fax. No. : +27 11 412 1183 Economic Indicators Quote at 12h00 previous day Current quote Change % Change Rand/Dollar 13.81
More informationDAILY MARKET REPORT 15 APRIL 2019
DAILY MARKET REPORT 15 APRIL 2019 Unigrain (Pty) Ltd Tel. No. : +27 11 692 4400 Fax. No. : +27 11 412 1183 Economic Indicators Quote at 12h00 previous day Current quote Change % Change Rand/Dollar 13.94
More informationRussia-US FOB Spread vs. US SRW Sales
Weather No significant changes to the forecast this morning. Northern Brazil will continue to see AN precipitation chances over the next two weeks. Rainfall totals during this period should range from
More informationGRAIN MARKETS SENSITIVE TO EXPORTS, SOUTH AMERICAN WEATHER
December 15, 1999 Ames, Iowa Econ. Info. 1779 GRAIN MARKETS SENSITIVE TO EXPORTS, SOUTH AMERICAN WEATHER October, November, and the first 10 days of December were unusually dry over a large part of southern
More informationWeekly Market Commentary
LPL FINANCIAL RESEARCH Weekly Market Commentary November 18, 2014 Emerging Markets Opportunity Still Emerging Burt White Chief Investment Officer LPL Financial Jeffrey Buchbinder, CFA Market Strategist
More informationMarket Update March 9, 2015
SeattleTA provides investment managers with technical analysis of the equity, fixed-income, Stocks dropped and interest rates popped on Fridays payroll report as traders priced in a likely Fed rate hike
More informationDAILY MARKET REPORT 08 NOVEMBER 2018
DAILY MARKET REPORT 08 NOVEMBER 2018 Unigrain (Pty) Ltd Tel. No. : +27 11 692 4400 Fax. No. : +27 11 412 1183 Economic Indicators Quote at 12h00 previous day Current quote Change % Change Rand/Dollar 13.91
More informationAdam Pukalo Commodity Futures Advisor TECHNICALS & TRENDS. January Year in Review
TECHNICALS & TRENDS January 2016 2015 Year in Review What did grain and livestock prices do this year and where do we see them headed? CONTRACT UP OR DOWN? JANUARY 1, 2015 OPEN CURRENTLY front futures
More informationDAILY MARKET REPORT 17 APRIL 2019
DAILY MARKET REPORT 17 APRIL 2019 Unigrain (Pty) Ltd Tel. No. : +27 11 692 4400 Fax. No. : +27 11 412 1183 Economic Indicators Quote at 12h00 previous day Current quote Change % Change Rand/Dollar 14.02
More informationDAILY MARKET REPORT 16 APRIL 2019
DAILY MARKET REPORT 16 APRIL 2019 Unigrain (Pty) Ltd Tel. No. : +27 11 692 4400 Fax. No. : +27 11 412 1183 Economic Indicators Quote at 12h00 previous day Current quote Change % Change Rand/Dollar 13.93
More informationFall 2017 Crop Outlook Webinar
Fall 2017 Crop Outlook Webinar Chris Hurt, Professor & Extension Ag. Economist James Mintert, Professor & Director, Center for Commercial Agriculture Fall 2017 Crop Outlook Webinar October 13, 2017 50%
More information26 th Oct Gold Silver Copper Zinc Lead Aluminium Nickel Crude Oil Natural Gas. Bullion. Base Metal. Energy. Chana. Agro.
26 th Oct 2018 Bullion Base Metal Energy Agro Gold Silver Copper Zinc Lead Aluminium Nickel Crude Oil Natural Gas Chana Soya Bean Gold futures closed flat Thursday, as strength in the U.S. dollar pushed
More informationClosing Grain & Soybean Comments
SRW and HRW futures finished 7-10 cents lower and were down 10-12 at their lowest point. HRS futures finished just 3-7 cents lower. The continued US shutout on major export business, stronger US dollar
More informationHedge Strategies Using Options Ahead of USDA June 30 th Reports
Hedge Strategies Using Options Ahead of USDA June 30 th Reports David Hightower June 23, 2014 2014 CME Group. All rights reserved. Options of Options A diverse set of tools to trade around short-term events
More informationInfluences on the Market. Common Marketing Terms. Types of Contracts. Terms of Contracts
Jackie Reichter DeBruce Grain, Nebraska City Grain Marketing Commodity od Exchanges/Futures Symbols Influences on the Market Common Marketing Terms Types of Contracts Terms of Contracts Commodity Exchanges
More informationAgriculture Update. Global. Food versus feed in the wheat market. Commodities Research. Sharp decline in corn supplies requires more wheat feeding
Agriculture Update Food versus feed in the wheat market Commodities Research Sharp decline in corn supplies requires more wheat feeding We forecast that the US drought will bring corn supplies sharply
More informationHEDGING WITH FUTURES. Understanding Price Risk
HEDGING WITH FUTURES Think about a sport you enjoy playing. In many sports, such as football, volleyball, or basketball, there are two general components to the game: offense and defense. What would happen
More informationDaily Energy and Soft Markets Commentary Thursday June 05, 2008
Daily Energy and Soft Markets Commentary Thursday June 05, 2008 New Trade Recommendations - 06/05/08 CRUDE OIL: Buy July crude oil 123.50 puts for 390 and then look to sell a July natural gas 11.60 put
More informationNews & Development Rising Channel Bollinger Band Overall, we maintain our bullish view in MCX Crude Oil for the next one month.
13 th April 2018 News & Development MCX Crude Oil prices has witnessed a spike in the last couple of days and closed at Rs.4362/bbl by 12 th April. Geopolitical tensions prevailing across the globe led
More informationWeather targets fertilizer market too Heavy rains stall shipments, delay fall applications By Bryce Knorr, grain market analyst
Weather targets fertilizer market too Heavy rains stall shipments, delay fall applications By Bryce Knorr, grain market analyst The Midwest is finally starting to dry out from heavy rains in the first
More informationChart Pattern Secrets
Chart Pattern Secrets April 09, 2019 Next Alert: 04/11/19 The Trading System: Application of Trading Chart Patterns with Futures and Option Contracts Copyright 1997 All rights reserved. 1 The dollar made
More informationMARKET OUTLOOK FOR UNITED STATES & SOUTH AMERICA
MARKET OUTLOOK FOR UNITED STATES & SOUTH AMERICA Grain Market Outlook for the United States and South America By Steve Freed, Vice President of Grain Research, ADM Investor Services The following report
More informationCommtrendz Research. Weekly Snapshots 25-June-2007
Comex Gold (August) Gold futures settled higher on Friday helped by a softer dollar and firm crude oil prices. COMEX gold futures rose higher in line with our expectations and then fell lower sharply.
More informationThe End of the World As We Know It Senior Analyst Darin Newsom. DTN/The Progressive Farmer 2012 Ag Summit December 12, 2012
The End of the World As We Know It Senior Analyst Darin Newsom DTN/The Progressive Farmer 2012 Ag Summit December 12, 2012 The End Were the Mayans Right? Signs, Signs, Everywhere are Signs Continued economic
More informationOctober 2017 Monthly Commodity Market Overview Newsletter. Stock Index Futures
October 2017 Monthly Commodity Market Overview Newsletter By the ADMIS Research Team Stock Index Futures S&P 500, Dow Jones, NASDAQ and Russell 2000 futures registered new historical highs in October.
More informationFourth Quarter 2014 Earnings Conference Call. 26 November 2014
Fourth Quarter 2014 Earnings Conference Call 26 November 2014 Safe Harbor Statement & Disclosures The earnings call and accompanying material include forward-looking comments and information concerning
More informationMonday, July 30, 2018 NTG Morning Comments
Weather A warmer and drier overall bias to the forecast this morning compared to what we were looking at on Friday. Rainfall over the weekend has been a little short of expectations. Coverage through NE,
More informationDAILY METALS & ENERGY REPORT December 31, 2012
FINANCIAL MARKET OVERVIEW Asset Last Chg % Chg Commodity Gold / US Dollar FX Spot 1654.9-8.39-0.50% Silver / US Dollar FX Spot 30-0.16-0.53% Crude oil $ Spot 90.66-0.25-0.27% COMEX Copper $ 358.95-1.15-0.32%
More information1. On Jan. 28, 2011, the February 2011 live cattle futures price was $ per hundredweight.
Econ 339X Spring 2011 Homework Due 2/8/2011 65 points possible Short answer (two points each): 1. On Jan. 28, 2011, the February 2011 live cattle futures price was $107.50 per hundredweight. If the cash
More informationFebruary 2018 Monthly Commodity Market Overview Newsletter. Stock Index Futures
February 2018 Monthly Commodity Market Overview Newsletter By the ADMIS Research Team Stock Index Futures There was a severe decline in the first week of February with S&P 500 futures posting the biggest
More informationRefined Oils Weekly Wire 05/25/2012
Refined Oils Weekly Wire 05/25/2012 The following is provided for informational purposes only and is not a recommendation to buy or sell a commodity. Much of this information is derived from sources that
More informationChart Pattern Secrets
Chart Pattern Secrets April 02, 2019 Next Alert: 04/04/19 The Trading System: Application of Trading Chart Patterns with Futures and Option Contracts Copyright 1997 All rights reserved. 1 The dollar made
More informationFall fertilizer costs pinch budgets Three-year high in urea leads market gains By Bryce Knorr, grain market analyst
Fall fertilizer costs pinch budgets Three-year high in urea leads market gains By Bryce Knorr, grain market analyst Fertilizer costs start September at their highest levels in a couple years, putting further
More informationCrops Marketing and Management Update
Crops Marketing and Management Update Grains and Forage Center of Excellence Dr. Todd D. Davis Assistant Extension Professor Department of Agricultural Economics Vol. 2017 (2) February 16, 2017 Topics
More informationThe six technical indicators for timing entry and exit in a short term trading program
The six technical indicators for timing entry and exit in a short term trading program Definition Technical analysis includes the study of: Technical analysis the study of a stock s price and trends; volume;
More informationMerricks Capital Wheat Basis and Carry Trade
Merricks Capital Wheat Basis and Carry Trade Executive Summary Regulatory changes post the Global Financial Crisis (GFC) has reduced the level of financing available to a wide range of markets. Merricks
More informationHOW TO MAKE YOUR FIRST FUTURES TRADE
HOW TO MAKE YOUR FIRST FUTURES TRADE By Craig 1.800.800.3840 2 How to Make Your First Futures Trade You have an opinion on the futures market, you want to get involved, but you don t know how or where
More informationFourth Quarter 2011 Earnings Conference Call. 23 November 2011
Fourth Quarter 2011 Earnings Conference Call 23 November 2011 Safe Harbor Statement & Disclosures The earnings call and accompanying material include forward-looking comments and information concerning
More informationMarket Outlook for Corn, Wheat, and Soybeans
Market Outlook for Corn, Wheat, and Soybeans Identifying Risks - Protecting Profits Can you go wrong with $5 Corn, $12 Beans and $8 Wheat? Progressive Farmer Meeting St. Johns, Michigan Jim Hilker Agriculture,
More informationKey Commodity Report Weekly
Key Commodity Report Weekly CME Group Corn Soybean Soy Meal Soybean Oil Rough Rice Wheat Cheddar Barrel Cheddar Block Milk Class III Butter AA Source: CME Group USDA Weekly Prices Live Cattle Course Ground
More informationBrian Grossman (312) ZANER Ag. Burn It All Down Monday Markets
Brian Grossman (312) 277-0119 @AgHedgeBrian bgrossman@zaner.com Ag Burn It All Down Monday Markets USDA report day, Friday did little to entice much of any market direction and ultimately left much market
More informationU.S. & Missouri Economic Outlook
U.S. & Missouri Economic Outlook Missouri Government Finance Officers Association Jason Brown Economist The views expressed are those of the presenter and do not necessarily reflect the positions of the
More informationBasis: The price difference between the cash price at a specific location and the price of a specific futures contract.
Section I Chapter 8: Basis Learning objectives The relationship between cash and futures prices Basis patterns Basis in different regions Speculators trade price, hedgers trade basis Key terms Basis: The
More informationFourth Quarter 2016 Earnings Conference Call. 23 November 2016
Fourth Quarter 2016 Earnings Conference Call 23 November 2016 Safe Harbor Statement & Disclosures The earnings call and accompanying material include forward-looking comments and information concerning
More informationCommodities Corner. REP Synopsis Gold (Play the Range)
REP-039 www.jamapunji.pk Gold prices set to post fourth consecutive weekly gains GOLD: Gold prices fell initially in the previous session, making a low of US$1,307/oz after traders booked profit as the
More information2015 Third Quarter Earnings Call. November 5, 2015
2015 Third Quarter Earnings Call November 5, 2015 20 5 The Andersons, Inc. Forward Looking Statements Certain information discussed today constitutes forward-looking statements. Actual results could differ
More informationSTRONG EXPORT INPECTIONS FOR SOYBEANS WHILE SO SO FOR WHEAT AND CORN.
Page 1 of 6 RICK ALEXANDER, MARKET STRATEGIST ZANER GROUP STRONG EXPORT INPECTIONS FOR SOYBEANS WHILE SO SO FOR WHEAT AND CORN. Lower closes for the entire grain complex including Minneapolis, Kansas City
More informationA pre-harvest marketing plan can be written months (years?) in advance. Quiz Time!
Have a plan! Pre-harvest marketing is a broad view of the market, trying to take advantage of early seasonal price tendencies. Crop insurance is a critical part of marketing. A pre-harvest marketing plan
More informationTHE SPECIALIST IN TRADING AND INVESTMENT
WCU: US jobs shocker kicks gold back to life By Ole Hansen Commodities continue to recover with the Bloomberg Commodity Index reaching a seven-month high. During this process the index, which reflects
More information