2-4-13 The following was taken from my weekly email update to clients and subscribers: please feel free to send me your email and sign-up for a 2-week free trial on my website. Thank you. Grains Update: Supply-Driven Weather Vs. Demand-Driven Technicals Because I know you guys & gals would rather be eating Wings and watching the game [...]Read More
In mid-2009, Mike created Global Commodity Analytics & Consulting LLC. Headquartered out of his home in Lafayette, Indiana, Mike’s office at Global Commodity Analytics & Consulting LLC is as technologically advanced as many offices in cities such as Chicago and New York, with state-of-the-art trading software and real-time quotes. GCAC clears its futures and options trades through one of the premier FCM’s in the country, EFG LLC. The professionalism and knowledge of the EFG staff are unsurpassed in the commodity industry.
Mike has been on Fox Business News, is often in the Dow Jones and Bloomberg newswires, and has also been periodically interviewed for national business publications including the Wall Street Journal and Barron’s.
After nearly 15 years as a Registered Commodities Representative, Mike’s goal now is to utilize some of the key aspects of what he’s seen and integrate that into the analysis, with the intention of being able to better manage risk for the client.
Commodity Markets Since the Fiscal Cliff & Heading Into The USDA’s January Report As expected, the policymakers in Washington came-up with a last minute deal to avert the Fiscal Cliff…at least for now. But unlike most of the other commodity and equities sectors, grains were noticable absent from the move higher in the post-agreement New [...]Read More
Week In Review—QE Continues To Keep Dollar Under Pressure; Livestock and Soy Find Additional Buying; Feed-Grains & Energies Weaken What, if anything, can we make of it? è Actually, I think we can draw quite a bit of conclusions from this because I think that there is a major theme running through all of them: [...]Read More
Closing Grain Comments: Heavy wheat deliveries and spill over weakness from poor weekly export sales from Thursday were the two primary factors helping to push the grains deep into the red on Friday’s trade—with Chicago Wheat leading the whole complex lower. The near 3% losses in Chicago Wheat seemed to be mostly a result of [...]Read More
Closing Grain Comments: Weaker weekly export sales reported by the USDA seemed to sink the 7‐day rally for the wheat on Thursday’s grain trade, as USDA reported weekly sales 27% below the 4‐week average. The export report helped take wheat from higher on the day to making new lows—with the Chicago market seeing a price [...]Read More
11/25/12 An Important Time Coming For Commodity Prices Winter is fast-approaching, and with winter comes the winter marketing meetings; I’ve already scheduled some for Indiana and Kentucky at this point, and will be putting them on the website in the next few days under the Calendar Tab. Because of how I see the markets developing [...]Read More
11-3-12 10:00 AM EST Week In Review: Another Week Where Commodity Futures Face Overall Declines While Grains Face Tightening & Improving Cash Fundamentals By the “footprint” of the way futures diverged from fundamentals in many cases, it was fairly apparent that investment funds continue to liquidate positions heading into next week’s election & USDA crop [...]Read More
Closing Grain Comments: We saw a bit of profit-taking by longs in the corn and beans after lunchtime on Friday’s trade, as earlier, sharply higher gains led by the wheat and the new Federal Reserve policy had been somewhat overshadowed by the updated mid-day weather model forecasts suggesting less concern regarding a freeze threat in [...]Read More
SEPTEMBER 7, 2012 GCAC WEEKLY MARKET UPDATE ** WEEK IN REVIEW: A WEEK OF BENCHMARKS & EXPECTATIONS IN THE FINANCIAL & COMMODITY SECTORS ** I think that this past week’s trade gave us many key benchmarks to watch–both fundamentally speaking and technically speaking. Let’s go down the list since many of you are likely getting [...]Read More
BEAN-LED RALLY BEGAN LAST WEEK, WITH MICRO-FUNDAMENTAL SUPPORT EXPECTED TO CONTINUE INTO THIS WEEK: Strong Soy Demand—both domestically & in the export market—was the hallmark of the grain trade this past week. The week started with a lack of rainfall, with weather models once again pulling moisture and increasing temperatures on Sunday. With Monday’s trade, [...]Read More