RADAR LINK Heavy thunderstorms have developed across much of central and eastern Minnesota, the eastern half of Iowa and into southwestern Wisconsin. Additional moderate rain showers cover 30 to 40% of northern Iowa, west central Minnesota and northeast Minnesota as well as portions of South Dakota. There are additional widely scattered weak rain showers over western portions of Tennessee, Kentucky and …
Livestock Report
Live Cattle The June Live Cattle contract rallied from the open on Wednesday, May 17, 2017, trading to the high of the day at 123.45. The rally came on the better than hoped for fedcattleexchange.com auction as it traded between 133.75 and 135.75. It also traded at 130.00 and 131.00 for 17 to 30 day delivery. There were 2,379 head …
Political turmoil drags markets down
Dow tumbles The Dow Jones futures closed down over 330 points from Tuesday’s close as the latest new from the Beltway gave the markets some jitters. The S&P 500 futures closed more than 40 point lower as the equities had their biggest downward move in eight months. The VIX (Volatility index reached it’s highest level since last year’s Brexit vote. …
Windy City Jim’s – Daily Trade Recommendations (05/17/17)
Futures Day Trading Signals (Thursday May 18, 2017) Author: Windy City Jim 312-948-9456 NEVER RISK MORE THAN YOU CAN AFFORD TO LOSE. CALL FOR RECOMMENDATIONS ON PROTECTIVE STOPS. SEE FULL DISCLAIM ON FUTURES TRADING AT THE BOTTOM. WE ONLY ENTER THE MARKET IF THE PRICE HITS THE BUY OR SELL POINT BUY SIGNAL Commodity : July Wheat Previous Closing Price : 427 Projected …
Daily Gold Report
For the gold and silver bulls this calendar year the Trump administration has been the gift that keeps on giving in my opinion as the market continues to hold yearly gains. I have been mentioning in previous posts here that for Gold and Silver to reverse recent downward price direction, that the precious metal sector would need a continuation of being fed bullish news. Whether …
Global Overview
Politics is the word today. The stock market is breaking on the concerns over the white house. Is this the high for a significant correction. The dollar continues to struggle over the same concerns. Lets not loose sight of the fact the dollar has rallied for a number of years. A correction has been Due. The crude continues to bounce …
Ag Commentary
The soy Complex today was fairly subdued. There is a lot to consider this time of year. So volatility will be present. The weather is causing concerns. This will give the market rallies. These present opportunities in my opinion. Any prices near ten dollars, given the global supply, should be considered hedging opportunities. The oil share has stabilized at approx. …
Overseas Weather Update
For the complete Overseas Weather Update CLICK HERE. For those interested in grains, Sean Lusk, Director of Walsh Commercial Hedging Services hosts a FREE Grain Outlook Webinar each Thursday at 3PM CST. We will hold our next Grain Outlook Webinar on Thursday, May 18th. REGISTER NOW. If you cannot attend live, a recording will be sent to your email upon signup. If …
Tuesday Evening Weather Update
RADAR LINK – There is a small cluster of showers and storms over southeast MN and a larger cluster over central KS… and over central COL. 1-5DAY – The late Tuesday afternoon European model is in very good agreement with the midday GFS model. The morning versions of these two models showed some differences with respect to the rainfall amounts over portions of eastern …
Windy City Jim’s – Daily Trade Recommendations (05/16/17)
Futures Day Trading Signals (Wednesday May 17, 2017) Author: Windy City Jim 312-948-9456 NEVER RISK MORE THAN YOU CAN AFFORD TO LOSE. CALL FOR RECOMMENDATIONS ON PROTECTIVE STOPS. SEE FULL DISCLAIM ON FUTURES TRADING AT THE BOTTOM. WE ONLY ENTER THE MARKET IF THE PRICE HITS THE BUY OR SELL POINT BUY SIGNAL Commodity : July Wheat Previous Closing Price : 424 1/4 …