Up Trend Line Intact
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Our weekly column looks at the bullish factors in the corn and natural gas markets.
The funds are watching hog futures like a ...
Grain and soy markets caught a little psychological boost overnight apparently due to a couple positive comments in the international trade scene. First, NAFTA negotiators from both Canada and Mexico stated...
Hope Remains for Trade Deals
Cocoa (CC) plunged more than 3% yesterday, failing to reclaim a prior 4 month plus uptrend support now resistance (on the daily and weekly chart). After the massive rally off the January low, CC is due...
HOLD STEADY, ROCK STEADY
The indices have been sloppy to say the least.
DJ USDA Monthly Grain Inspections: Exported By Rail – May 16 MS_GR210 Minneapolis, MN Wed May 15, 2018 USDA MARKET NEWS GRAINS [...]
While we have not really gone anywhere just yet, the level of excitement in corn and wheat has stepped up a notch and the two markets appear to be taking turns as to who will be the leader. This morning...
Weekly pork export sales were good for last week at 21,900 MT, up 12% from the 4-week average. New shorts entered the fray in LC futures yesterday with prices dropping for the third session (hard) while...
We kickoff the day with Export Sales and Jobless Claims at 7:30 A.M. followed by EIA Gas Storage at 9:30 A.M. The NAFTA deadline is [...]
US and China continue trade talks, keep an eye on soybeans
US/China Trade Talks Determine Soybean Price Trend
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Look for 9.65 in July Contract
Cattle continues lower