From the monthly archives: April 2017

Too Much Corn? Jerry Gidel Weighs In.

On April 28, 2017 - 4:23 PM By

[PRICE Links Video] Senior Analyst Phil Flynn discusses perception versus reality when it come to corn stocks and breaks down the USDA numbers with Senior Grain Analyst Jerry Gidel. Futures and options trading involves substantial risk of loss and may not be suitable for everyone.
The opinions represented in this video are the opinions […]

Continue Reading

Morning Grains 04/28/17

On April 28, 2017 - 10:55 AM By

DJ CBOT Delivery Intentions: Totals – Apr 28
Source: CME Group
Contract Quantity Next Trade
Commodity Month Delivery Day Assigned Today Date Available
SOYBEAN MEAL May May. 01, 2017 303 Feb 27, 2017
SOYBEAN OIL May May. 01, 2017 1442 Apr 26, 2017
ROUGH RICE May May. 01, 2017 […]

Continue Reading

Morning Softs 04/28/17

On April 28, 2017 - 10:52 AM By

General Comments: Cotton was lower in response to a weaker than expected export sales report. The sales were below 200,000 bales after weeks of sales at or above 300,000 bales and often above 400,000 bales. July futures are now testing some important short term Support areas. The mills still have to fix July […]

Continue Reading

This morning we kick off the day with Employment Cost Index and the 1st Quarter GDP at 7:30 A.M. and at 9:00 A.M. we have the Chicago Purchasing Managers Index with earnings to follow throughout the day. On the Corn front like Chiffon margarine Mother Nature has fooled us and is having the last laugh […]

Continue Reading

Drill Baby! The Energy Report 04/28/17

On April 28, 2017 - 7:56 AM By

Momma put those drills in the ground, and unleash the U.S. energy producer, assuming they have the stomach to do it! The UPI and Dan Graeber reported that, “U.S. presidential remarks about Alaska and senate measures on offshore drilling may point to an executive action on oil and gas, authorities on the matter said. “We’re […]

Continue Reading

[Jennifer A. Dlouhy, Bloomberg] President Donald Trump is moving aggressively to expand offshore oil drilling and to reconsider rules that safeguard the activity — including mandates designed to prevent a repeat of the Deepwater Horizon disaster. Trump is set to order Interior Secretary Ryan Zinke on Friday to revise a five-year schedule for auctioning offshore […]

Continue Reading

Pre-May US/World Corn Update 04/28/17

On April 28, 2017 - 7:11 AM By

Lower US & Chinese plantings could tighten 2017/18 stocks. Market analysis report from Senior Grain Strategist Jerry Gidel. View report by clicking here (PDF). Jerry Gidel 141 West Jackson Blvd., Suite 1340A, Chicago, Illinois 60604
312 264 4369 (Direct) | 800 769 7021 (Main) | 312 264 4399 (Fax) Member NIBA, NFA […]

Continue Reading

Morning Grains. 04/27/17

On April 27, 2017 - 2:27 PM By

DJ U.S. Export Sales: Weekly Sales Totals – Apr 27
For the week ended Apr 20, in thousand metric tons, except cotton in
thousand running bales. Net changes in commitments are gross sales,
less cancellations, buy-backs and other downward adjustments. Total
commitments are total export shipments plus total sales.
The […]

Continue Reading

Morning Softs. 04/27/17

On April 27, 2017 - 2:24 PM By

General Comments: Cotton was mixed in quiet trading. July futures rallied through some nearby resistance areas on the charts, but could not hold the gains. The mill call fixing against May is done, but they still have to fix July purchases. The mills did not price sales from producers at cheaper levels and […]

Continue Reading

As a reminder…Today is the Last Trading Day for the ICE EU May Natural Gas.  We ask that you do not wait until the last minute to exit this market. Tomorrow, Fri, Apr 28th is the First Notice Day for ALL the May Grains & May Metals.  Anyone who is LONG the May Grains & […]

Continue Reading

AgMaster Report 04/27/17

On April 27, 2017 - 8:47 AM By

MAY SOYBEANS Phase one of 2017 was May Beans reaction to Brazil’s record 111 MMT crop – a justifiable $1.50 drop (1080-930). As the “big crop got bigger”, the mkt ratcheted down to the 940 area. Phase two looks equally ominous as the USDA has predicted 6.5 MA more than 2016! But as for now, […]

Continue Reading

The markets seem to be treading water and not able to sustain any type of rally even on bullish headlines. Today we have more earnings and reports starting at 7:30 A.M. with Advanced Durable Goods, Export Sales and Initial Jobless Claims and we have weekly EIA Gas Storage report at 9:30 A.M. which a Thomson […]

Continue Reading