Try to come out of today holding....
Bears have near-term technical advantage as price downtrend in place. More pressure likely in near term.
We kickoff the day with Market Composite, Manufacturing and Services PMI Flash at 8:45 A.M., Michigan Consumer Sentiment, Michigan Inflation Expectations, Michigan 5.Year Inflation, Michigan [...]
And so am I because...
Prices flat overnight. December options expire today. Cattle on Feed on tap
Markets Quiet as Holiday Trade Looms
An update on what our team is watching for as we move into the end of November.
It Still Comes Down to "DEAL OR NO DEAL"
One sound bite is...
We kickoff the day with Export Sales, Jobless Claims, Philadelphia FED Manufacturing Index and FED Mester Speech at 7:30 A.M., Existing Home Sales and CB [...]
Will good export sales help support prices?
Financials: Dec. Bonds are currently 15 lower at 159’27, 10 Yr .Notes 0’06.5 lower 128’18.0 and 5 Yr. Notes 0’03.75 lower at 118’24..75. Bonds rallied [...]
Quiet trade in AGs overnight....
Trade Headlines Back to Positive?
Weekly Export Sales will be released later this morning.
The soy under pressure again. The follow through seems slow but steady. The performer remains soy oil again. The oil share showing steady gains, but still off from the targets I perceive as possible.
Corn Searching For Bottom
In this week's episode we go over the recent developments in the US-China trade negotiations and how it is effecting equities, grains, oilseeds, and livestock. We also talk about sugar at the end and...