The radar map shows lot of scattered showers over 60% of MN, 50% of SD, NEB, western KS and far nw IA… HEAVY rains over 70% of MO, ARK, LA, into central ILL and sw IND. FAST EAST LOADING RADAR 1-5 DAY = No changes in the 1-5D — 12z WED GFS has an area of 5-6 inches over south central …
Livestock Report
Live Cattle The stampede continues. The June Live Cattle contract made another new high for the move on Wednesday, May 3, 2017, trading up to 130.05, going limit up for the session. The limit will be expanded to 4.50 on Thursday for the Live Cattle markets. Cash continues to drive futures higher as the fedcattleexchange auction started the frenzy in …
Tuesday Evening US Grain Weather Summary
Please note that when you click on the maps you will see a button which says “SHOW IMAGE SLIDESHOW .” When you click on that link, the maps enlarge so you can see the data in full detail. RADAR LINK 1-5 DAY – The Tuesday afternoon European models are unchanged for the 1-5 day. It has a large area of 1-4″ /25-100mm with …
Windy City Jim’s – Daily Trade Recommendations (05/02/17)
Futures Day Trading Signals (Wednesday, May 3rd, 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 : July Soybeans Previous Closing Price …
Stocks rebound and inch higher ahead of jobs Data
Rally puts equities up again Equities rallied late in the session after a downward move to start the day. The Dow was dragged down on poor earnings reports, along with the slide a slide in crude oil bringing down energy producers. Crude oil hit a six month low, dropping over 250 points before the day was over. OPEC’s announced production …
Daily Gold Report
After nearly hitting a three week low June gold futures finished the day near unchanged at 1257.0. Today’s tight range of only $6.20 for June futures indicates that investors are faced with some major data points in the next few days and therefore are awaiting the results. The data points are highlighted by tomorrow’s FOMC rate decision and the non farm payroll number on …
Monday Afternoon US Grain Weather Summary
The radar map is much quieter this afternoon than it was just 24 hours ago. There is some scattered rain and numerous showers over far eastern portions of Iowa … eastern Minnesota … northwest Illinois and southwest Wisconsin. The main LOW pressure area itself is now over the eastern Great Lakes and its associated cold front is bringing showers and …
Livestock Report
Live Cattle The June Live Cattle contract made another new high for the move on Monday, May 1, 2017, trading up to 125.325 before breaking down and trading to the low of the day at 123.65. A late day rally took price above 124.00 and it ended the session at 124.30. It settled at 124.125. Today’s trade formed a Spinning …
Windy City Jim’s – Daily Trade Recommendations (05/01/17)
Futures Day Trading Signals (Tuesday, May 2nd, 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 : July Soybeans Previous Closing Price : …
Currency comment 5/1
The currency markets were quiet again Monday. Currency values have been moving sideways for the last week since the French first round voting saw the establishment candidates vanquished. The biggest feature in financial markets over the last week has been the weakness in the gold market. The value of gold has declined over forty dollars over the last seven days. Two …