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 [...]

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 [...]

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:  [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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 [...]

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, [...]