SOY COMPLEX The markets are keenly focused on weather at this point. We have dialed in the recent Argentinian drawdown. However, according to most analysts, further dryness is not dialed in. This may be the case. Going home this weekend it appears that Argentina will remain mostly dry. The real question now is will the US and Brazil make up the …
Good Volatile Friday Folks,
Need offer, Bil. bushels, and sell crude longs. [Weeks ago comment] The way I envision this broker stab at helping Farmer’s, Ranchers, Speculators, Ethanol, Option geeks, Old Human Trader’s From not get tattoo ed from the crazy 8′ $ DACA computer programmer Day Dreamers rammers (LCJ sell 1500 in 1min? freefall this week? I can and am making it …
Ag Where to from here
The Meal and Beans eased today. The rally may be a bit long in the tooth. The current weather scenario seems to be dialed into prices. Will the crops deteriorate further. Looking at the long term for beans. I have said use this rally to hedge old crop. The November 18 has given ample opportunity to start a program there …
AG
SOY COMPLEX The weather in Argentina remains dry. The Brazilian crop is a bit wet in areas. The market has a couple questions to answer. First, what is the actual Argentinian crop size. Second, does it matter given the tremendous growth in carry over the past three seasons. The US may see an uptick in either bean or meal exports. Most …
Grain Spreads
Soy Complex Old crop/New crop bean and meal spreads continue to trade higher this week as managed funds continue to push both outright beans and meal higher. The catalyst for this rally has been the lack of rain in Central and Southern Argentina. Drought there goes back several weeks with many prominent crop scouts continuing to cut the soybean crop …
Full US HRWW Grain Weather Report from WxRisk.com
For the full report, CLICK HERE. The full report contains a 30 day forecast. SUMMARY To say that the overall pattern across North America has turned extreme would be an understatement. The current pattern features a massive trough over the western third of the country and an equally strong massive ridge over the eastern third of the country. As a …
Live Cattle
Live Cattle The April Live Cattle contract made a new high (127.95) for the up move on Tuesday, February 20, 2018. That is the only positive aspect to the day’s trade. It broke down from the new high and tested support at 127.15, making the session low just above it at 127.20. It grinded higher and touched the high then …
Intermediate Late Sunday Night S American Grain Weather from WxRisk.com
FEB 16 Max temps 94-100f/ 34-38c over most of Argentina into Paraguay … 91-95f/ 32 -34c over western and central Brazil … mid 80s/ 28-30c over eastern Brazil. RAINFALL FEB 16-17 Most of Brazil was dry … only some light rains over 0.35″/8mm in northwest 25% of Mato Grosso and 0.25-0.75″/6-20mm over 70% of Paraguay. In ARGENTINA all of central, eastern …
US Grain Weather Issues from WxRisk.com
For the complete US Grain Weather Issues Report, CLICK HERE. For those interested in grains and livestock, Walsh Trading hosts a FREE weekly Grain and Livestock webinar. This webinar is hosted by Sean Lusk, Director and Ben DiCostanzo, Senior Technical Analyst with Walsh Commercial Hedging Services. Sean and Ben look at where the markets currently are and more importantly what …
South American Grain Weather Issues from WxRisk.com
For the complete South America Grain Weather Issues Report, CLICK HERE. For those interested in grains and livestock, Walsh Trading hosts a FREE weekly Grain and Livestock webinar. This webinar is hosted by Sean Lusk, Director and Ben DiCostanzo, Senior Technical Analyst with Walsh Commercial Hedging Services. Sean and Ben look at where the markets currently are and more importantly …