Posts by: Bill Moore

AgMaster Report 8/28/17

On August 28, 2017 - 10:33 AM By

Written 8/25/17 NOV SOYBEANS Contrary to what we’ve heard from producers & observed in the Dakotas, the USDA 2 weeks ago Thur issued a very bearish report- raising the production to 4.381 BB – over last year’s record 4.307BB!  Many are suspect of these high-ball #’s but you can’t fight city hall.  Our feeling is […]

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AgMaster Report 07/27/17

On July 27, 2017 - 2:37 PM By

NOV SOYBEANS We’re definitely right in the middle of a weather mkt with the attendant Volatility –  Tues’s action was a prime example – with the mkt opening 25 higher Tues nite – but settling almost 20 lower!  The opening was prompted by a larger than expected dip in the crop ratings but was neutralized […]

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AgMaster Report 05/24/17

On May 24, 2017 - 2:12 PM By

JULY SOYBEANS The Brazilian  political upheaval  last week that sent the REAL plummeting – was a very bearish fundamental – implying more Brazilian exports & less US!  At the same time, the spike down on the charts on the day-of & then the sharp rally back – the next two days – seem to indicate […]

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AgMaster Report 5/18/17

On May 18, 2017 - 11:15 AM By

JULY SOYBEANS The mkt eagerly anticipated the May 10 Supply & Demand from the USDA – looking for a little good news – and it got it!  Both bean & corn production estimates came in under last year’s record crops –  as well, world carry-out for corn & beans came in under 2016  especially in […]

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AgMaster Report 05/10/17

On May 10, 2017 - 5:22 PM By

JULY SOYBEANS There are myriad issues impacting the grains today, but of course, none more important than the weather & planting progress. And despite the recent “cold & damp”, the planting progress seems to be close to the 5 yr average. This has kept the wraps on any weather rallies – confining July Beans to […]

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AgMaster Report 05/05/17

On May 5, 2017 - 12:33 PM By

JULY SOYBEANS After dropping $1.50 (1090 – 940) in the 1st Qtr off a record Brazilian Crop, July Beans stabilized during April in a tight range (950 – 970) & now have found a reason to build a weather premium in early May – as 4-8 inches of rain & a foot of snow have […]

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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, […]

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AgMaster Report 04/20/17

On April 20, 2017 - 2:42 PM By

MAY SOYBEANS May Beans started the year at 1010 – rallied 80 cents (1010-1090) off perceived S/A weather issues & then broke $1.50 (1080-930) as the Argentine & especially Brazilian Bean Crops continued to grow.  Then exhausting the down was the USDA 3/31 acreage report calling for a record 89.48 MA- 6 MA over 2016! […]

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AgMaster Report 04/12/17

On April 12, 2017 - 2:07 PM By

MAY SOYBEANS When is enough – enough? After getting pummeled in March to the tune of 94 cents, May Beans have stabilized so far in April – currently trading higher on the month! The Mar 9 Supply & Demand, the Mar 31 stocks & acreage & the April 11 S & D – all reminded […]

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AgMaster Report 04/06/17

On April 6, 2017 - 12:56 PM By

Written 04/04/17 MAY SOYBEANS The world is awash in soybeans & the key USDA Reports in March certainly substantiated that!  As a result, May Beans lost 92 cents for the month.  The Mar 9 Report raised Brazil Beans to 108 MMT (104) & the Mar 31 Report raised US acres to 89.5 MA (LY-83) in […]

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