Monday, August 15, 2022

Monday 15th NOPA Crush Friday 19th Cattle On feed Aug. USDA report out of the way traders see Corn and Bean yields lower than what was reported. Two gaps remain in Dec. corn 1) 584.24 2) 728.25 Cooler weather coming. Markets over brought. Correction coming. Sorry so...

Monday, August 8th, 2022

Friday 12th USDA Supply/Demand Report IMHO won’t be surprised to see Higher corn and Beans acres Market movers 1) rain is still falling into Monday morning for some 2) 4 ships this weekend moved grain out of Ukraine terminals 3) Europe’s Heat and...

Monday, July 25, 2022

Tuesday 26th FOMC Meeting Wed.27th FOMC Meeting We are in a down trend and yes are oversold. Looking for a bounce BUT here are some key numbers: Year Lows Sept corn 557                    Dec. corn 542.50 Aug. Beans 1341.75          Nov. Beans 1274 Sept Wht 738.25   ...

Monday, July 18, 2022

Friday 22nd Cattle On Feed Report and Cold Storage Also August grain options expire We watched the recession sell off the last 2 weeks. HOPE we saw the low’s 2 weeks ago. Weather vs. Recession Going to be Hot in the Western Corn belt as forecasted. Might even be...

Sunday, July 10, 2022

Tuesday 12th USDA Supply Demand Thursday 14th Last Trading Day July grain contracts Friday NOPA Crush Friday action in grains were impressive. Closing above the gaps (Corn and Beans) and closing above 200 day ma. Going to be and interesting week again. Is this the...