Jim's focus on the coffee crop via his grapevine of agents at the source in three countries (He also shares a thought or two about soybeans, sugar and orange juice)
The wheat complex posted early strength on Wednesday, but quickly faded off for losses at the close. Chicago contracts hit a 10-month high in the front month continuation chart overnight, but posted losses...
Soybeans turned back higher on Wednesday, with contracts up 4 to 10 cents across most months led by the nearbys. Soymeal futures were up $2 to $5.90/ton across most contracts on the midweek session. Soy...
Corn futures ended the Wednesday session with contracts showing fractional to 3 ¼ cent gains. June serial options expire against the July contract on Friday. The weekly EIA petroleum report showed 1.019...
Feeders surge and fats rally as cash markets strong early in the week
Old Crop Surges, Will the Bull Continue to be Fed?
Traders were able to push June out of its triangular pattern, but back months are a little slow in achieving the same. Rationing is now a noticeable factor, and acceptable term in the cattle and beef...
Soybeans are trading with midday gains of 6 to 10 ¼ cents on Wednesday. Soymeal are up $3.10/ton in the front months. Soy Oil is also trading higher, with 71 point gains in July at midday. Weekly Export...
The wheat complex is pulling back at midday despite early strength. Chicago contracts hit a 10-month high in the front month continuation chart overnight, but are now down 1 to 2 cents. Kansas City futures...
Corn futures are trading with 2 to 4 cent gains on Wednesday, following positive EIA data. The weekly EIA petroleum report showed 1.019 million barrels per day in ethanol production during the week that...