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AG SOY The beans were under pressure today . The WASDE report tomorrow may have been a reason there was liquidation today . A few thoughts to consider . Tomorrow the USDA should confirm the recent carry numbers in soy. The market is looking at A recent run up that was and is essentially fueled by bio diesel demand . …

AG SOY The beans and products were all higher. The crop conditions yesterday were lower than the market had anticipated. The gd to ex was rated at 67%. This is concerning to the early stages of the market. To note the planting is well ahead of schedule. The vegoil continues to be the leader. The meal did post a positive …

AG Soy The soy was sharply higher last night, led again by beans and bean oil. The trade today brought about a two sided affair. There are some real considerations here.  The vegoil market is led by the demand for bio fuel . This is constant . The domestic market remains supported and tight . The meal on the other hand …

AG The overall feeling in the market is concern over weather. This has fueled a rally to close out the week. BEANS – The bean market was very strong today. The continued leader is the bean oil with oil share surging above 47%. The meal rallied a bit late, attempting to do a little late day keep up. The concern …

AG The markets were higher early, as the morning progressed the markets liquidated in general. BEANS – The soy was actually led lower by the bean oil. The fundamentals remain supportive at present. However, the oilshare has had a very significant move of late with the market above 46 % at present. It has been my contention that the oil …

The soy experienced a two sided choppy trade overall.  The market is dealing with the time of year, the South American production, as well as the Chinese decline in US bean purchases. The fact remains at present that the US balance sheet remains tight. The question now is will the carry be ample through the summer. Will the weather remain favorable. …

The beans were under pressure today. The feature of the day was the domestic basis levels are starting to fade. This indicates enough beans in the pipeline for the time being. The oil share corrected today and settled at approximately 43.78%. This is a reasonable pull back. It is my thought that the bean oil can still trade to the …

The bean market is now in a ebb and flow market as I would say.  What I mean by this. The market has been dominated by the soy oil. The oil share closing at approximately 45%. It is my contention that oil share can make its way to approximately 50%. There are a few reasons for this. The palm market is …

The USDA offered few surprises today. There are a few details I think are worth going over as perhaps they are relative in the medium term. The supply and demand did estimate the bean carry for the new crop at 140 million bu, slightly higher than anticipated. Still tight. This assumes a very modest increase in yield. The USDA modeled …

The Markets rebounded in general today. The soy was led higher by product strength. There are a few considerations at present. The USDA will release stocks and acreage tomorrow. The expectation for beans will be a slight reduction in the old crop carry. The new crop carry should hover around unchanged from the previous month. The second factor I am paying attention …