For the Full US Grain Weather Report, CLICK HERE. For those interested in grains, Sean Lusk, Director Walsh Commercial Hedging Services hosts a FREE Grain Outlook Webinar every Thursday at 3PM CST. If you cannot attend live, a recording will be sent to your email upon signup. REGISTER NOW. If you missed last week’s webinar you may VIEW A RECORDING.
US and Overseas Grain Weather Review and Forecast
For the complete US and Overseas Grain Weather Review and Forecast, CLICK HERE. For those interested in grains, Sean Lusk, Director Walsh Commercial Hedging Services hosts a FREE Grain Outlook Webinar every Thursday at 3PM CST. If you cannot attend live, a recording will be sent to your email upon signup. REGISTER NOW. If you missed last week’s webinar you …
Lesson, how to read charts
Good morning Farmers, Trader’s and you, If you like the levels so far here on Walsh from meat sell levels (feeders, live cattle) or the soy complex (meal and oil included) buys hit last few weeks I want to use this time to explain a live level on how I think we approach technical patterns when they appear. I …
Soybean Complex: Weekly Round-Up
July Soybeans Throughout the week I have interpreted the recent rebound as an non-impulsive corrective wave. Remaining opened minded is an essential quality to posses when engaging in analyzing wave structure. One must always be on the look out for alternative scenarios. The market is always right and has chopped higher through previously deemed resistance levels. I believe we …
Weekly Gold Report
Gold posted its first weekly loss in five as an unrelenting rally in the stock market and a strong bounce higher in the Dollar have longs exiting their positions ahead of next week’s FOMC meeting and subsequent decision on rates. Gold has for the most part hung in there with this recent rise in equities but as savvy investors realize both markets …
Ag Commentary
The usda released the June report today. It is important to note that the one thing now that matters to participants is the weather. Until the forecast has a meaningful change the need for risk premium remains. The numbers on their own are bearish. Record global production. Growing domestic carryovers. This before we see a acreage shift. The avg guess …
Thursday Evening US Grain Weather Update
LATE DAY RADAR – CLICK HERE TO SEE FAST EAST LOADING RADAR There are showers and weak storms over northeastern Nebraska and north central Iowa with about 30 to 40% coverage and widely scattered showers over northeast Wisconsin and south central Kansas. Moderate rain showers over Central Colorado. 1-5 DAY = The weather model agreement all the next 5 days is …
Drought or Macro 8% move the norm?
Grains- Summer Low’s may be in, possibly beans and meal go back down but this is my 34th weather market so strap it on, “it’s getting hot in here.” Meal could be the best sell, spreading-wise against a few. Crush for soybean oil and by-product soy-meal could become the weak sister. 307-ish now but just spiked down on 6,000 contracts. …
July Soybeans: Wave Structure Analysis Applied
July Soybeans Soybeans pressed higher thru projection and resistance zones mentioned in yesterdays post. Because of the sloping quality and time factor effecting these levels one must be careful of attempting to pinpoint exact trade location and also be willing to minimize risk. Trading is like fishing in a sense. The minor drawdowns you incur are comparable to the bait you lose …
South American Weather Focus
For the complete South American Weather Focus, CLICK HERE.