OLIVE LINE WATCH Arp here, I am watching for two potential opportunities today. As you know they can come and go fast. The olive line is here as a tool to assist you in your trading, whatever level trader you may be. There is no crystal ball. Everyone needs good money management skills. KC WHEAT I am watching KC WHEAT …
AG TIME – A Tale of Two Cities
The soy is experiencing a quiet day overall. The market is digesting the recent break and perhaps consolidating for a minute. The weather looks conducive to bringing home a very large soybean crop. The reality is that we have priced in a realistic price relative to the historic numbers. My contention is that the prices are supposed to move to …
Scale Down
In my view we’re enjoying a fantastic finish of the growing season for corn and beans and the National Weather Service is calling for slightly warmer and wetter than normal conditions in the Heartland in its 6 to 10 day forecast. The state by state condition reports usually receive less emphasis as crops near harvest in my opinion. The market …
AG TIME this shake and bake it makes no sense
The title of this brief article is just a funny scene in the movie talladega nights. It is a comedy so this is meant as humor,yet true from my thought that there are certain aspects of the market that at present are difficult to figure out. I invite people to watch the movie, it is funny. regarding the markets. We …
AG TIME – Thoughts to Fruition
The soy under pressure today. The tariffs are starting. Both the US and China implemented their respective plans today. There will be more forthcoming. The soy yields from the USDA look accurate to under estimated given the field findings from the pro farmer crop tour. The oil world publication estimates the USDA bean yield could go up further. There was …
What are we Waiting for?
Weather Forecasters, specifically the National Weather Service, is calling for potential heat to return next week in the Midwest. In my view if the heat returns, it should be beneficial to corn and beans that have received decent rains the past few days .Crop tours are in full swing in front of the September crop report from the USDA on …
AG TIME – History Repeats Itself
There are so many trees sometimes it is difficult to find the forest. Point to be made, sometimes it is important to boil the markets down to their perceived facts. As far as the soy is concerned. The basis levels indicate further weakness. The pro farmer crop tour has shown pod counts above the historic norm. ( pro farmer issues …
AG TIME – Grains and Pork
There exists a significant relationship between feed and the animal. This is no great revelation. At present, the Chinese produce and consume the largest hog herd in the world. Approx 500 million pigs annual. There is much concern about the recent outbreak of African flu. It is my belief this may be just getting started. The Chinese lack the oversight …
AG TIME may the farce be with you
I am finding some perplexing aspects to the market. This is not necessarily anything new or different. Just a verbalization. It appears there are those that still would like to attempt to find something bullish in the soy complex. In my opinion, without a major global disruption from a weather problem, or some unseen act of God event, the bean …
AG TIME – Many Moving Parts
There are many moving parts in the volatile landscape. The beans are certainly burdened with a record carryover. The Chinese will be sending a delegation to work things out with the US. The South American planting will soon be underway. Some thoughts. It is my belief now, and for some time, that China cannot afford a trade war with the …