Below you'll find a list of all posts that have been categorized as “General Commentary”
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 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 …
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 …
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 …
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 …
March Japanese Yen Futures In the second week of December I wrote a bullish piece on the Yen market. I now contend that it has reached a fairly significant inflection point. This +/- .94 level represents a channel line projection and the .618 retracement from the highs of the summer of 2016. It also appears to me …
Corn/Wheat While beans and meal continue their upward surge on dry Argentinean forecasts, corn continues to plod along establishing a new high print before settling back 2 to 3 cents from each high made. We have discussed a bullish case for corn in the long term for a myriad of reasons. (Chinese demand, lower potential US plantings, lower South American …
August Feeder Cattle I have spent some time studying the longer dominant time-frame charts in the August feeders. The style of top down analysis calls for this to be the first step in the process. From here one would address each smaller time-frame, namely the Daily, 240 minute and hourly. What is interesting to me is that they all …
For the complete South America Grain Weather Report, CLICK HERE. SUMMARY: Argentina continues to have problems with moisture, all Brazil continues to have no problems and if anything too much. While there is no sign of the extreme heat coming back that I can see on the weather models for the next 7 to 10 days… there is no sign …
As wheat and corn succumbed to some turnaround Tuesday action today, soy spreads particularly old crop/new crop bean and meal spreads posted new highs. The market has begun pricing in a weather premium that began on the Sunday night open as weekend rains failed to show up in Argentina. The forecast into the end of February according to European model …