Many markets triggered signals that I have covered on the daily voice updates which offer valuable information the cuts to the chase. Farmer Alert– I don’t recommend hedging Corn down here as this is a buy level. $3.80 held. This is the time to be on alert to market your crop for producers. $4.15 was posted as the 1st of …
Thursday AM US Grain Weather Report
THURSDAY AM RADAR The mid Thursday morning radar shows scattered showers and thunderstorms over southwest Kansas and northern Oklahoma with 30 to 40% coverage. The storms increase significantly in coverage over far southeastern Kansas …southwestern and south central Missouri and into the southwest portions of Illinois. In this area the coverage ranges from 50 to 70%. The showers become more …
Livestock Report
Live Cattle The October Live Cattle contract rallied from the open (113.375), approaching the 200 DMA (114.70) on Wednesday July 26, 2017, making the high of the day at 114.225 in front of the fedcattleexchange auction. The auction had 2,119 head for sale, with 772 sold. Prices ranged from 117.50 to 118.25. After the auction, futures turned lower as cash …
Final Wednesday US Grain Weather Report
For the Final Wednesday US Grain Weather Report, CLICK HERE. For those interested in grains, Walsh Trading hosts a FREE Grain Outlook Webinar every Thursday at 3PM CST. This webinar is hosted by Sean Lusk, Director Walsh Commercial Hedging Services. Sean will host his next webinar on Thursday, July 27th. REGISTER NOW. If you cannot attend live a recording will …
Corn, US dollar, Olive hit /filled 3.82, 9351
Pay heed to Cup—- Short on time to type a comment today but a boatload happening everywhere. I am going to have to drop day to day coverage in meats as the audience for these tiny commodities is too small. If you want to come here to do business with me then this would change but for now this is …
Wave Structure Analysis: September Soybeans
September Soybeans Pre-open action sees the bean contract slip below weekly speed-line throwback support at +/- 984 to post low of 978. Prices can’t hold beneath 984 and claw their way back to finish at 994.4. For now a hold above 984.4 will keep things stable. Minor overhead resistance checks in at +/- 998. A press above targets …
Wednesday AM US Grain Weather Report
WEDNESDAY AM RADAR As forecasted by the short range models over the past two days the morning radar shows significant showers and thunderstorms which developed in the predawn hours have now moved through most of eastern Nebraska and pushed into northeastern Kansas. The showers and thunderstorms of moderate intensity continue over western Iowa into southeastern Minnesota and the northern half …
Livestock Report
Live Cattle The October Live Cattle contract broke down below the 200 DMA (114.65) on Tuesday July 25, 2017, making its way down to test support at the July 6th low (112.425) with the session low at 112.65. A break down below the July 6 low could see price test support at 110.925. Resistance is at the 200 DMA. On …
Final US Grain Weather Report
For the Final US Grain Weather Report for Tuesday, July 25th, CLICK HERE. For those interested in grains, Walsh Trading hosts a FREE Grain Outlook Webinar every Thursday at 3PM CST. This webinar is hosted by Sean Lusk, Director Walsh Commercial Hedging Services. Sean will host his next webinar on Thursday, July 27th. REGISTER NOW. If you cannot attend live …
Daily Gold Report
Gold prices held steady today, after hitting a one-month high on Monday, buoyed by political uncertainty in the United States, as investors await the Federal Reserve meeting for clues on monetary policy. August gold futures lost $2.20 to close at 1252.1. Silver traded slightly higher gaining just over 9 cents to close at 16.54 basis September futures. Some upbeat U.S. …