The markets witnessed pressure all day despite the continual news about potential dry weather in Argentina. It is my opinion we are on some major changes in the Ag markets. looking at some of todays developments. The Chinese today put a halt to Sorghum purchases. This could delay up to 1 billion in purchase orders,shipments. Many speculative reasons. Perhaps the …
US Grain Weather from WxRisk.com
For the complete South America Grain Weather 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 America Grain Weather from WxRisk.com
For the complete South America Grain Weather 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 …
waiting on a trend Ag
The Soy under pressure again today. The weather was the driver. looking at next week. The USDA report will be awaited. Look for growing domestic carryover. This confirms a lackluster export lineup. The talk is the Brazilian crop is much,much bigger than the USDA has plugged in. If confirmed global numbers regardless of Argentina surpass 100 million mt. Unprecedented. The …
Ag Overall- Be Ready
As I have mentioned. It is my belief the dollar has a major impact on what we are witnessing in terms of price. The recent break (dollar) has everyone bulled up commodities. Lets look at this for a minute. In 2008 the dollar was at 70. We rallied to 104 last year. Now we are correcting a bit. In 2001 the dollar …
time to engage Ag Thoughts
It is time to pay close attention to the Ags. The south American weather is giving a opportunity to producers that may not exist. Beans are getting a ride on Corns coattails here. Bizarre to me the Corn has not moved that much. The weather down south has had a impact on the corn production. In contrast the Brazilian bean crop …
South America Grain Weather from WxRisk.com
For the complete South America Grain Weather Report, CLICK HERE. Summary: There really is not much to change in the forecasts until you get into the 11 to 15 day. The the MJO models yesterday and on Monday began to show a change in that the very strong impulse was going to weaken rapidly once it reached phase 8 and …
Ag reaching targets ?
The Soy complex continues to work higher. The November contract traded as high as 1017 today. The target I have spoken of is 1015-1020. We have yet to reach the 1020 on this recent rally. Tomorrow may be the day. Anyway, I have said it is time to use this rally to make sales for new crop beans. It is possible …
South America Grain Weather from WxRisk.com
For the complete South America Grain Weather Report, CLICK HERE. Summary: Argentina – The Models over the weekend and this Monday morning have NOT changed at all. The lack of ANY rain over 0.50″/ 12mm over any portion of Argentina over the next 10 days is really quite remarkable. The 11-15 day operational or regular GFS model does bring some …
US HRWW Grain Weather Issues from WxRisk.com
For the complete US HRWW Grain Weather Issues Report, CLICK HERE. Summary: Drought conditions over most of Plains/Delta worsening weekly. Midwest is in good shape, but Missouri is not. Recent and next 30 day rainfall and temps are presented along with an overview of La Nina. For those interested in grains and livestock, Walsh Trading hosts a FREE weekly Grain …