by ago_admin | Jul 8, 2024 | Uncategorized
Quantitative Figures and Metrics Summary: Grains:- Soybean carry-out for 2022 at 385 million bushels, versus USDA at 350 million bushels- Soybean carry-out for 2023 at 512 million bushels, with a yield of 53 bushels per acre- Wheat carry-out for 2023 at 776 million...
by ago_admin | Jul 5, 2024 | Uncategorized
Cocoa:- Cocoa prices broke out of a 5-6 day consolidation range on Wednesday Coffee:- Brazilian real fell to its lowest level since March 2023 on Tuesday, but reversed on Wednesday Cotton:- 53% of the southeastern US was in moderate to severe drought as of last week,...
by ago_admin | Jun 26, 2024 | Uncategorized
Disclaimer: The risk of loss in Commodity Interest trading is substantial. Past performance is not indicative of future results. Any content presented should be viewed as a solicitation and an inducement to conduct business with AgOptimus. Market information presented...
by ago_admin | Jun 26, 2024 | Uncategorized
Commodity Market Metrics- Cocoa at 70 cents spike low, targets 50% retracement potentially – Cotton USDA report estimate of 10.8-11.2 million acres- Natural gas support at 2.71, resistance at 2.94 USDA Report Estimates- Corn acres historically higher in June, up...
by ago_admin | Jun 25, 2024 | Uncategorized
Cocoa:- September futures support at 7000, May low support at 6418- Ivory Coast crop 22% behind 5-year average for this time Coffee:- September futures resistance at 238.70, upside objective at 261.30, support at 225.40 Cotton:- US crop progress report showed 26% of...
