The harvest grind in corn and beans is upon us and might be fast and furious or slow and sputtering depending upon what Mother Nature decides…………………………… Last night’s progress reports revealed that corn and bean harvest is a little ahead of normal and winter wheat seeding just slightly behind the 5 year average…………………………………………………. I sense that no one wants to …
Olive Line
ARP here MARKET THOUGHTS WITH THE OLIVE LINE The morning started off with friction. As reported by CNN syria accidently shot down a russian military plane. There were no survivors. Syria blames Israel. -First day of new tariffs and the S and P is higher. Yesterday the nasdaq was slipping under support. I continue to favor the short side of …
Olive Line Signals
GOOD DAY ARP HERE LIVESTOCK fc- The olive line fri sold off late back to the olive line sell. Important? Olive line sells in the fc above at 124, Call to discuss how to trade the ols lc- The market is over the olive line sell I am attempting a bullish thought into year end in the lc. 117.40 dec …
Serpentine
One of my favorite films is the 1979 rendition of “The In-Laws” and after the Generalissimo/Senor Pepe scene the Serpentine scene stands out as the most memorable……………………………Trading and hedging grains and oilseeds is relatable as it could be looked at as the Theater of the Absurd……….Senor Pepe………………………….and we are always trying to hit a moving target………………………….Serpentine……………………………………………..I don’t want to infringe …
AG TIME
The soy quiet but lower. The tariffs are slated to hit more Chinese goods. The African swine fever continues to quietly spread. The market, I believe, will need to deal with the latter for some time. It is there to stay until eradicated. The setup in China makes the spread easy. I remain bearish soy. However, the market has fallen …
AG TIME more to come?
The soy was under some pressure led by meal. Are we on the shift I have been speaking of for some time. Remains to be seen. However there are many things to consider. the world as we all know is awash in beans. Not because of trump. Because we have doubled carryovers in three years in spite of record demand. …
AG TIME enough of everything
The USDA report confirmed a record bean crop. The question now will be the demand side of the equation. Especially as it relates to China. To recap the bean carry is estimated at 845 mil. The potential exists for further production increases with a good finish and easy harvest. Lets consider some long term factors. A agreement betweethe US and …
September Surprises
What might impact the market from this point onward to the USDA reports set to be released on October 11? The USDA figures shook the markets today as the trade talk prior to the release was that corn yields would be slightly down, bean slightly higher and world wheat carryover a little tighter…………………It’s always something!………………………………………..In past years we’ve …
Pre USDA
Good day traders, ARP here The theme in my view going forward is there will be a lot on the table. A figure of speech of course implying the volatility in my opinion will remain large and this will create opportunity and risk. For the busy ag producer I offer my services to attempt to assist in a viable market …
AG TIME – Let’s See The Numbers
The markets came under pressure today. The usda release will come tomorrow. It makes little sense to make bold predictions. I will say the weekly progress showed a 2% increase in beans. A late in the year increase perhaps indicating the aug, sept weather has added yield. The market, it appears, is anticipating a further increase in yield. Adding bushels. …