john walsh soy complex

John Walsh Grains Leave a Comment

The soy complex has shown weakness over the last few sessions. The south american weather has been normal to good. The Brazilian crop continues to increase in size, while Argentina has stabilized in a respectable zone. Given the price relationship of beans over corn,it is estimated that domestic acres can climb significantly. The market is also mindful of a potential …

Currency comment 3/3

Steve Caldwell General Commentary Leave a Comment

Friday saw a pull back in the U.S. dollar as traders sold to take profits before the week end. Many traders prefer to be even over a week end to avoid disruptive market news. The Fed says there is a fair chance of an interest rate hike in March. U.S. treasuries saw a small bounce on Friday after a down …

Daily Livestock Report

Ben DiCostanzo Livestock Leave a Comment

Here is the  Daily/ Weekly Volume for cash trades for the Cattle Market: TX-10,329/16,022 head. Bulk for the week $124-$125 . KS-20,718/21,104 head. Bulk for the week $125. NE-21,801/34,788 head. Bulk for the week $124-$126. Dressed sales are 4.00 higher from last week, trading at $200. CO-4,560/8,554 head. Between $124-$126. IA/MN-7,899/8,311 head. For the week a few sales at $125, and …

Currency Comment 3/2

Steve Caldwell General Commentary Leave a Comment

U.S Dollar moved to new highs for the move Thursday.  The current bullish factor is the near universal expectation that the Fed will increase short term interest rates in March.  It is interesting that the Fed is playing catch up to the bond market which has moved interest rates up in the last few weeks. Another factor in recent dollar …

The Grain Report – 2/20/2017

Sean Lusk Grains Leave a Comment

March corn rallied to new highs last week, but ultimately settled the week 6 cents lower. There wasn’t any fundamental news event that triggered the late week fall, but rather the decline was a function of reduced speculative buying. Improving South American weather and a U.S. corn stocks/use ratio of 15-16% hardly argues for a net long fund position in …

The Grain Report

Sean Lusk Grains Leave a Comment

Trend and Index following funds bid up beans, corn, and wheat prices throughout the week with both wheat and corn reaching their best levels since last summer. Beans finished the week 33 cents higher, corn gained 9 cents while wheat finished the week up 19 cents. Beans opened the week higher rallying off of weather concerns of too much rain …

Bluenose Capital – January Performance Update

William Reavis Asset Management Leave a Comment

Bluenose Capital Management, LLC (BNC), a Commodity Trading Advisor (CTA) in the D.C.metro area, offers trading program in the oil complex and the S&P 500 stock index. The programs offer a simple and efficient way to expose an investor’s portfolio to the price and performance of oil and stock market without actually owning it. We believe the best way to invest in …

The Grain Report

Sean Lusk Grains Leave a Comment

from Sean Lusk, Director Walsh Commercial Hedging Services March beans lost 22 cents for the week as month end profit taking emerged amid potential higher crop sizes in both Argentina and Brazil. Private forecasters from both South America and the U.S. have raised the Brazilian soybean crop up to 105 to 107 million metric tons from the 102-103 level the …

Retirement Funds

Steps to using Retirement Funds in Managed Futures

William Reavis Asset Management, General Commentary Leave a Comment

Contrary to common belief, investing in managed futures and CTA strategies through an IRA account is actually quite simple. Since most financial institutions will not allow you to invest in futures strategies, the first step is to “roll over” some of the funds in your IRA account into a “self-directed” IRA account, held by a custodian who accepts futures accounts …

Fund Length in Soybeans Growing

Sean Lusk Grains Leave a Comment

If you take a look at the speculative bullish positioning in soybeans, soymeal, and bean oil, you will find that it is at the highest level since early June 2016. In the last week alone, open interest in soybeans surged 92K contracts signaling a surge in buying across the board in a variety of asset classes. Trend following funds increased …