Coming back from Super Bowl weekend traders have nothing exciting beside the impending Greek debt default. This coupled to crude breaking hard should have agricultural markets on the defensive in spite of fading positive momentum from the overnight trade. All eyes are on European debt and the impact on the demand prospects for US commodities heading into the […]
Friday saw a very sluggish session once again but instead of all markets rallying like Thursday, corn led the charge. This was helped by a strong domestic and gulf basis bid and spreading between corn and wheat and corn and beans. […]
Coming back from the New Year holiday break the market looks at a higher move based on the following factors. First, the Euro is holding ground against the USD sitting just over $1.30 to start the week. […]
Coming back from the weekend there is a modest amount of bullish momentum built up in agriculture. All markets were higher across the board overnight led by beans which is gaining due to expansive dryness in Southern Brazil and central to Northern Argentina. […]
Wheat closes about 10 Higher in KC and CHI. Minny +2 MWH, +6 MWK. The last of bull spreads blown out at even money.
about 22 minutes ago
from web
Beans close flat/Mixed after being lower all session. SN-X flat on the day. Corn closes +8 CN and +1 CZ. major spread move.
about 24 minutes ago
from web
The bearish underbelly of beans is currently exposed. I do not think the killing blow comes today but it will soon. Too many weak longs.
about 4 hours ago
from Twitter for iPhone