Grains- Weather moderates and grains of course are lower. While there should be a rally into August is my guess right now we have to shake the tree. If Farmers have not sold any grain on that 11% soybean 11 day rally, then you need help. Meats- Watch levels cited were funds head for the exits. Coffee- voice last week …
Friday Midday US Grain Weather Report
FRIDAY MIDDAY RADAR The afternoon radar shows moderate showers and storms over northern Iowa and southern Minnesota and are now moving into southwest Wisconsin. The short range models show that a second area of showers and storms will be increasing over central and northeastern Iowa during the afternoon and evening hours. Some of these storms could become severe and NWS has issued …
Weekend wrap
Good Morning Farmers, Commercials and Traders, Part of being a successful trader requires having levels that you confident about, followed by a trading methodology that allows you to shoot bigger with a tighter risk profile. Last month gave a precise example with soybeans where, for instance if you were a 10 lot trader you might buy 5 @ OLB#1 thin …
Weekly Gold Report
Gold finished the week with its biggest weekly gain in two months on Friday. August gold futures settled 1254.9, up $27.10 for the week. September silver settled 1645.5 up .52 cents for the week. The rally this week comes on two fronts. First, a surging euro pushed the dollar to its weakest since June 2016, making bullion cheaper for holders …
Soybean Complex: Recent Technical Developments
September Soybeans The bean market held trend-line support at 999.4 before pressing higher, as suggested, reaching first line resistance at 1018 following thru to post a high of 1022.2 then easing slightly to finish at 1018.2. Continued upside action will test cross zone resistance at +/- 1028. This area marks the extended weekly ATR reading. A close/hold above …
Hog-Dog days ahead?- get a game plan
I have made this clear but here I share some levels going into the weekend. I like to think ahead of time how this will start to look and from that some trading ideas will come from that. Bonds today 3 off high had a sell going into Friday but didn’t even hang in today without dropping back to steady, …
Big Bang Low Risk Trades
Good Morning Farmers, Commercials and Traders, (late grain snapshot playing lines on bottom) Part of being a successful trader requires having levels that you confident about, followed by a trading methodology that allows you to shoot bigger with a tighter risk profile. Last month gave a precise example with soybeans where, for instance, if you were a 10 lot trader …
Final US Grain Weather Report July 19
For the complete report, CLICK HERE. For those interested in grains, Walsh Trading hosts a FREE Grain Outlook Webinar every Thursday at 3PM CST. This webinar is hosted by Sean Lusk, Director Walsh Commercial Hedging Services. Sean will host his next webinar on Thursday, July 20th. REGISTER NOW. If you cannot attend live a recording will be sent to your …
Weather Model Breaking News Bulletin July 19 from WxRisk
Traders/ farmers etc Be advised that all the short range weather models have completed their run which takes us to either Friday 7:00 PM or Saturday 7:00 PM depending on the model. All three of the primary short range models show no significant rain over any portion of Iowa through Friday 7:00 PM and only light rain under 1.25″/ 32 …
December Corn: Making Sense of It
December Corn A choppy neutral trading activity seen in today’s market activity. For tomorrow a rise above 399.4 will look to advance. First upside target zone comes in at 404-405. A hold/close above will look to challenge last week’s high 414-417. A break below 391 will look to weaken to test cross zone support at …