- Livestock Roundup (3.22.18)
Cattle finally rally, will it last?
- [Trade Review] MDA Room: 2 ES Short Trades, 3/22/18
Today’s MDA Update: Published 3/22/18 4:30 pm central: Traders, WOW, what a sell-off we experienced today in the equity markets. Here is a review of...
- Corn Commentary - Just My Opinion
Holding - Ready to retrace some of the recent break?
- Commodities Tend To Zig When Stocks Zag
according to Jim Rogers..."
- Market rankings for the option trader
Buy the Japanese Yen and reduce some risk in lean hogs.
- Morning Grains Report 03/22/18
DJ USDA Monthly Grain Inspections: Exported By Rail – Mar 21 MS_GR210 Minneapolis, MN Wed Mar 21, 2018 USDA MARKET NEWS GRAINS INSPECTED AND/OR WEIGHED...
Brugler reportGet the Newsletter
Corn futures closed the Thursday session with most contracts steady to 1 3/4 cents higher. A survey of producers by Informa Economics puuts the 2018 US corn plantings near 88.9 million acres. That is down 279,000 acres from their prior estimate. The USDA Export Sales report release was delayed by the USDA until Friday morning due to weather. The International Grains Council trimmed their 17/18 world corn ending stocks number 6 MMT to 308 MMT on lower production and increased consumption. Their outlook for 18/19 ending stocks shows 265 MMT expected, down 43 MMT yr/yr. The Buenos Aires Grain Exchange cut the projection for Argentina’s corn production number 2 MMT to 32 MMT.May 18 Corn closed at $3.76, up 1 cent,Jul 18 Corn closed at $3.84 1/4, up 1 1/4 cents,Sep 18 Corn closed at $3.90 1/2, up 1 centDec 18 Corn closed at $3.98, up 1 1/4 cents
Wheat futures saw 1 to 3 3/4 cent gains in most CBT and MPLS contracts on Thursday. The KC HRW contracts were 5 to 8 cents in the green. Informa Economics expects 2018 all wheat acres to hit 46.1 million acres, up 30,000 acres from their previous forecast. The IGC increased their 17/18 world ending stocks number 2 MMT to 256 MMT, as they added to production and trimmed consumption. Ending stocks for 18/19 are seen 3 MMT lower than the current year at 253 MMT. Japan purchased 127,338 MT of wheat from the US and Canada on Thursday. Of that total, 91,942 MT was US origin.May 18 CBOT Wheat closed at $4.55 3/4, up 2 1/4 cents,May 18 KCBT Wheat closed at $4.71, up 5 1/2 cents,May 18 MGEX Wheat closed at $5.93, up 3 3/4 cents
Soybean futures edged out steady to slight gains in most contracts on Thursday, helped by gains in meal. Nearby May soy meal was up $3.50/ton, with front month soy oil down 49 points. Planted US soybean acreage in 2018 is projected at 91.5 million acres according to an Informa survey. That is up 303,000 acres from their previous estimate. The IGC’s monthly report shows 17/18 world soybean ending stocks at 42 MMT, down 3 MMT from February on a reduction in production. Ending Stocks for 18/19 are projected down slightly yr/yr at 39 MMT. The Buenos Aires Grain Exchange trimmed their Argentine soybean production number 2.5 MMT to 39.5 MMT.May 18 Soybeans closed at $10.29 3/4, unch,Jul 18 Soybeans closed at $10.40 3/4, up 1/4 cent,Aug 18 Soybeans closed at $10.42 1/2, up 3/4 cent,Nov 18 Soybeans closed at $10.26 3/4, up 1/2 cent,May 18 Soybean Meal closed at $368.00, up $3.50,May 18 Soybean Oil closed at $31.88, down $0.49