by ago_admin | Jul 12, 2021 | Grains, Market Reports
It is report day and traders do not expect to see many changes in the numbers, particularly where yields are concerned. The report will factor in the slightly higher acreage data from June 30, and will be released at 11:00 central time. Look for light position-evening...
by ago_admin | Jul 1, 2021 | Grains, Market Reports
The USDA report sent prices sharply higher yesterday and the market will need a few days to digest the numbers. Charts did a sharp u-turn from Tuesday morning lows with recent shorts covering on the back of bullish numbers. New money was noted coming into December...
by ago_admin | Jun 4, 2021 | Grains, Market Reports
Prices started the PM session in the plus column after breaking down from a higher start yesterday. Each different weather prediction seems to exist to show us trading range highs and lows. No doubt that choppy price action equals trading ranges and a halt to...
by ago_admin | Jun 2, 2021 | Grains, Market Reports
SPREADS August oilshare trades to 44.82% while crush trades up to 82c/bu. Jly/Nov bean inverse reached a six week low trading down to 1.45 1/2c. July/Dec meal trades from a $2.80 inverse down to 0.70c carry. July/Dec corn trades from 1.08c inverse to 1.11 3/4c. ...
by ago_admin | Jun 1, 2021 | Grains, Livestock, Market Reports
THE OPEN: July beans: 27 higher July meal: 5.40 higher July soyoil; 97 higher July corn: 20 3/4 higher July wheat: 18 1/2 higher The board opened into a strong start with many markets across the spectrum in the green, including crude oil, which is typically a...
by ago_admin | May 25, 2021 | Grains, Market Reports
QUICK SUMMARY Prices traded higher overnight led by soyoil, which stabilized bean trade. Bean bullspreads are working again, finding support after Monday’s sell-off. Morning trends feature beans gaining on corn, and soyoil on meal, as traders buy oilshare....
