Ag Commentary

John WalshGrains

The markets were lower today after a weekend of fairly reasonable rains. The western belt is now receiving a better flow of moisture and this is expected to continue over the next 10 day period. The crop condition ratings showed a 1 % decline week on week. This may offer a small bounce overnight and on Tuesday. The long term …

Ag Commentary

John WalshGrains

The august crop production report was somewhat of a game changer. There were surprises to the market. The biggest surprise to many was the increase in yield from the july report. The usda estimated the yield at 49.4 bu to the acre. Given the increase the new crop ending stocks swell to 475 million bu. In addition, the global carryover …

Ag Commentary

John WalshGrains

There is not much to say going home tonight. The market was essentially either side of unchanged all day. the USDA will release its report on Thursday. This will drive direction in my opinion. There is question regarding production and demand and what the government will do. The weather also remains debatable. The Midwest has received ample rains hence the …

Grain, Meat, Wheat buy hit

Alan PalmerGrains, Livestock

Good day, LIVE SIGNAL -Wheat as posted last week hit some levels to pay attention if one need wheat.  Don’t hedge wheat down here, Sept wheat last week now appears to have held although not out of woods so use stops if you play it tight like I do.  If you can risk a dime risk then this was your …

Ag Commentary

John WalshGrains

The beans and meal market had a healthy bounce today. The weather over the weekend was mostly as expected. Moderate rainfall with certain areas not receiving any. There is some disagreement as is true every year. The areas that have received rain are showing improvement.The dry areas which have shrunk,are sitting and waiting for the rains that will aide the …

Weekend Wrap Grains

Alan PalmerGeneral Commentary, Grains

I was walking to the train this am and my brain was thinking first frost.  It is just the way a real trader brain works in my opinion.  I am always early which can be detrimental because a trader has to guard but an asset to a customer. BEANS CORN AND BEAN WHEAT are both at even money which can …

Ag Commentary

John WalshGrains

The market overall was weaker. The weather has moderated and some timely rains have helped to show improvement for the beans. Next week condition ratings may very well show more improvement. The big question now will be the western belt and weather or not rains are received. The oil share has gained of late. Currently at approx. 35%. These trends may continue …

Soybeans-Lack of heat, except if long, Wheat Live

Alan PalmerGeneral Commentary, Grains

Perfect growing weather from someone in the pit that was labeled a perma bull in beans.  Midwest is unreal really, with cool August temps. except for all the ‘lollapalooza’  kids heading to Lake Michigan.   I try to produce conditional indicators that funds use explicitly, especially when violated.  This enables me to help you identify low risk high reward trades.  …

Ag Commentary

John WalshGrains

A bounce today in the markets after yesterdays weakness. The market will mark time to see the USDA numbers on the 10th. The yield is still up in the air for beans as the central and eastern belt are receiving adequate rains while the west is still in question. The next 3 weeks will be key to production. If the …