FRIDAY MORNING RADAR = The Friday morning radar shows that the heavy rains have now left southeastern ILL and far southeastern MO. There is heavy rain over the entire southeast third of IND and most of western and northern OH. These heavy rains and storms extend into far north western KY, and moderate rains are to be found over much of …
Ag Commentary
The soy complex has had a modest bounce over the last week. The time of year, the fund position, and the weather have all been contributing factors. The market may continue to react to wet weather in a friendly fashion in the short run. The long term prognosis remains the same. The global stocks situation remains bearish. The domestic situation remains …
Equities trade higher on good jobs data
Equities move higher The S&P 500 and Dow Jones futures both moved higher on Friday supported by a good jobs report in the morning. Sideways trading led to a rally mid day, with some follow through in the afternoon. The S&P futures flirted with the 2400 level into the close, and the Dow pushed towards 20,960. Strong jobs numbers Non …
Walsh Weekly Gold Report
Gold suffered its worst weekly loss since the November Presidential election. June gold futures lost almost $42.00 to close at 1226.9, while July Silver lost 99 cents to close at $16.27 an ounce. With non- commercial funds long just over 200 K contracts in gold and over 109 K contracts in Silver, the liquidation theme this week was unrelenting. Two events the trade …
Thursday SMS Grain Weather Summary
THURSDAY MID MORNING RADAR – The Thursday morning radar shows heavy rain and storms over of the southeast third of MO, far northeast ARK and much of central and southern ILL … all of IND … all OH. The coverage here is 70 to 80%. Additional moderate rains are falling over 60% of the northern half of KY and the …
Wednesday Evening US Grain Weather Summary
RADAR LINK 1-5 DAY = NO CHANGES. 6-10 DAY = The Wednesday afternoon European model came in and it is significantly wetter in the 6-10D in a matter very similar to what we saw with the afternoon operational or regular GFS model and GFS ensemble. This image compares the “regular” GFS model on the LEFT and the European model on …
Wednesday Afternoon US Grain Weather Summary
The radar map shows lot of scattered showers over 60% of MN, 50% of SD, NEB, western KS and far nw IA… HEAVY rains over 70% of MO, ARK, LA, into central ILL and sw IND. FAST EAST LOADING RADAR 1-5 DAY = No changes in the 1-5D — 12z WED GFS has an area of 5-6 inches over south central …
Livestock Report
Live Cattle The stampede continues. The June Live Cattle contract made another new high for the move on Wednesday, May 3, 2017, trading up to 130.05, going limit up for the session. The limit will be expanded to 4.50 on Thursday for the Live Cattle markets. Cash continues to drive futures higher as the fedcattleexchange auction started the frenzy in …
Tuesday Evening US Grain Weather Summary
Please note that when you click on the maps you will see a button which says “SHOW IMAGE SLIDESHOW .” When you click on that link, the maps enlarge so you can see the data in full detail. RADAR LINK 1-5 DAY – The Tuesday afternoon European models are unchanged for the 1-5 day. It has a large area of 1-4″ /25-100mm with …
Windy City Jim’s – Daily Trade Recommendations (05/02/17)
Futures Day Trading Signals (Wednesday, May 3rd, 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 Soybeans Previous Closing Price …