Central U.S. Daily Direct Feedlot Slaughter Cattle Report as of 3:40 PM Today’s Reported Sales Volume: None Today’s Estimated Sales Volume: None On Tuesday negotiated cash trade was inactive on light demand in all feeding regions. Tuesday afternoon boxed beef cutout values were firm to higher on moderate to fairly good demand and moderate to heavy offerings. Choice …
Markets surge for second consecutive day
The stock markets got off to a good start early this morning when the news hit that a border wall funding would not be tied to a bill to prevent a government shutdown. Those opposed to a wall would most likely oppose a bill that includes any funding for a wall. Opposition to the bill would have most likely brought …
Daily Gold Report
The Gold market continued its slide Tuesday trading down to its lowest level in two weeks, briefly trading below the 200 day moving average at 1265.4 an ounce before settling just above it at 1267.1. June gold futures are down $22.00 for the week so far as a furious rally in the stock market has erupted. Investors breathed a sigh of relief early …
US Grain Weather Summary
There were 2 areas of significant rain in he last 24 hrs. one area was over northern Minnesota and the eastern half of North Dakota (and some of this was snow). Rainfall amounts range from 0.25 -1.0″/ 6-25mm and the coverage was 60 to 70%. The second area of moderate rain fell over eastern Wyoming and the western half …
Windy City Jim’s – Daily Trade Recommendations (4/24/17)
Futures Day Trading Signals (Monday, April 24th, 2017) Author: Windy City Jim 312-948-9456 NEVER RISK MORE THAN YOU CAN AFFORD TO LOSE. CALL FOR RECOMMENDATIONS ON PROTECTIVE STOPS. SEE FULL DISCLAIM ON FUTURES TRADING AT THE BOTTOM. WE ONLY ENTER THE MARKET IF THE PRICE HITS THE BUY OR SELL POINT BUY SIGNAL Commodity : June Gold Previous Closing Price : 1279.40 …
Global Overview
Currencies The dollar is in a corrective mode. Both flat price and relative to the commodity based currencies. The dollar strength has been significant over the last two years. Regardless of the rhetoric the trend is up. Patience however is required. The euro is showing strength. The trend has been down. The long term scenario for the currency seems rough. …
Equity markets rally on French election results
Concerns of a Frenchxit diminished a bit following the first round of elections in France. The results have given the markets a hint that France will have a centrist President, who will look to remain in the European Union. Emmanuel Macron is coming in as a favorite over nationalist Marine Le Pen in the second round of elections on May …
Currency comment 4/24
There were fireworks galore in the financial markets on Monday. The U.S. dollar and the Japanese yen were big losers and the Euro FX was a big winner. Stock markets in the U.S. and Europe had big rallies also. Gold was heavily lower. The main driver of the big changes in values was the first round of voting in France. …
Ag Commentary
The soy complex is rallying here a bit. Short covering? Perhaps. The time of year? perhaps. The Chinese demand has been stout. The meal market in asia has had a uptick as well. The reality of the market is that the global supply is very onerous. The market has a lot to deal with. the US has much long term competition …
Full US Grain Weather Report
For the Full United States Grain Weather Update from WxRisk.com, CLICK HERE. For those interested, Sean Lusk, Director of Walsh Commercial Hedging Services, hosts a FREE Grain Outlook Webinar every Thursday at 3:00PM CST. Sean will hold his next webinar on Thursday, April 27th. REGISTER NOW. If you missed last week’s webinar, you may VIEW A RECORDING.