Hope all enjoyed the Labor Day WeekendBecause of the holiday and family there are NO real comments for the weekKeep eyes and ears open for news on Trade and tariffs.Next week another USDA report.I'm leaning to bottom action and still have Dec, Corn res:...read more
8-25-19 PFT is over and they found 163.3 corn yield Smaller crops get smaller and Harvested acres IMHO will be less too. Outside political news had more to do with corn closing lower for the week. Seems to me at this price level the BEAR needs to be fed. 1) US /...read more
8-18-19 USDA again / Corn has had 2 limit down days and both off of the USDA reports. Nothing really to say because trade plays the game with the USDA numbers. BUT Very much incomplete data yet to play out. Twitter quotes: "So for clarification, the 4th largest crop...read more
8-11-19 Here it come USDA report on the 12th. MHO bulls need this report to be right. Hard to figure planted acres when the USDA could count planted corn acres used for PP. Just cuz its planted. SO watch the harvested acres number. Market needs to close higher off the...read more
8-14-19 This week USDA resurvey acreage Can go both ways 1) they count the corn acres they told you to plant and still take PP but count them as planted. 2) try to just take PP numbers either way we won't know until Jan. 2020 My bull stance needs to see PP acres. Then...read more
This week 30th and 31st US and China face to face China has some growing areas that are very dry. Rains here are mostly for the Northern part of US and most miss the rains this week or will see a drizzle / teaser. Heat right now / normal temps next 7 days coming....read more
No comments this week to speak of. Trading range now until the BIG Aug. report and those adjusted acreage numbers. China is very BIG on the watch list this week. Could be market friendly if they step up to buy our AG. products. Rains came and some missed them. Market...read more
7-14--19 Very GOOD technical action when looking at charts. Corn held it's 50 day ma. very nicely. Weather HOT...Barry where will the rain cover. Also how much rain does a field need when temps this week will be 93-100?? So for all the BEARS that say tops are in..if u...read more
7-7-19 4th of July gone...weather changer...Above Normal temps and Below normal precp.? Thursday 11th USDA Report Friday 12th Last Trading Day July grain contracts (off at Noon) Sept and Dec Corn went into there gap areas BUT didn't fill them completely (.25...read more
6-30-19 USDA..Shut them down Scott Irwin "I think this is by far the most important information NASS published about the June Acreage Survey today. Notice in corn that 16.7% of the 91.7 million acres was still intended during the survey period of the roughly first 2...read more
Good Luck and Good Trades
Please call anytime and we will discuss our views more thoroughly at 800-942-1513.
FUTURES AND COMMODITIES TRADING CAN INVOLVES SIGNIFICANT RISK AND IS NOT SUITABLE FOR EVERY INVESTOR. INFORMATION CONTAINED HEREIN IS STRICTLY THE OPINION OF ITS AUTHOR AND IS INTENDED FOR INFORMATIONAL PURPOSES. INFORMATION IS OBTAINED FROM SOURCES BELIEVED TO BE RELIABLE, BUT IS IN NO WAY GUARANTEED OPINIONS. MARKET DATA AND RECOMMENDATIONS ARE SUBJECT TO CHANGE AT ANYTIME. PAST RESULTS ARE NOT INDICATIVE OF FUTURE RESULTS.
All information, communications, publications, and reports, including this specific material, used and distributed by BCB shall be construed as a solicitation for entering into a derivatives transaction. BCB does not distribute research reports, employ research analysts, or maintain a research department as defined in CFTC Regulation 1.71.