Posts by: Bill Moore

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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AgMaster Report 03/22/17

On March 23, 2017 - 6:35 AM By

MAY SOYBEANS The month of Mar for the May Bean contract has been dominated by bearish supply concerns- primarily the record Brazilian harvest currently underway! And on top of that is a US Bean crop predicted to be 4-5 million more acres than 2016! The net result is a mkt down 35 for the month […]

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AgMaster Report 03/13/17

On March 13, 2017 - 2:53 PM By

MAY SOYBEANS All week, May Beans was completely focused on the Mar 9 Report & the expectation it would ramp up the SA crops!  Indeed, it did – increasing Brazilian Beans by 4 MA & Brazilian Corn by 5MA.  This coupled with waning exports & a plummeting crude oil mkt – all contributed to a […]

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AgMaster Report 03/06/17

On March 6, 2017 - 3:16 PM By

MAY SOYBEANS May Beans experienced a tumultuous week – that early Tues had the  contract 30 cents higher on the week off favorable biodiesel rumors.  However, they were later denied – but still the contract was able to eke out a 12 cent weekly gain!  Early month fund buying met stiff resistance from the record […]

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AgMaster Report 02/28/17

On February 28, 2017 - 9:57 AM By

MAR SOYBEANS Mar Beans succumbed to bearish supply pressure from both hemispheres – as Brazil continues on a record pace & the USDA  AG OUTLOOK confirmed 4.6 MA more of US beans could be planted in 2017.  The result was new lows for the month of Feb & 18 cents lower on the week! FACTORS […]

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AgMaster Report 02/22/17

On February 22, 2017 - 3:38 PM By

MAR SOYBEANS Mar Beans had a real roller-coaster ride – buffeted by the world ‘s voracious appetite for our grains & a slumping dollar – against benevolent weather in South America – promising a record crop – at least in Brazil!  S/A trumped all forcing a 27 cent weekly loss & a close at 1032 […]

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AgMaster Report 02/02/17

On February 3, 2017 - 7:00 AM By

A myriad of factors have forced a 50 cent decline in Mar Beans – in the past two weeks – but the biggest clearly is an improvement in South American weather! However also contributing would be trade war fears (Mexico & China) & general mkt instability following Trumps recent immigration policy announcements! […]

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AgMaster Report 01/25/17

On January 25, 2017 - 12:01 PM By

MAR SOYBEANS The Jan Crop Report ignited Mar Beans near vertical 80 cent move (1000-1080) & it was extended by too much rain in Argentina!  Some recent dryness there has forced a 25% correction – but this is considered reasonably tame!  Also, underpinning the  rally  have been solid exports & a weakening dollar! FACTORS IMPACTING […]

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AgMaster Report 01/19/17

On January 19, 2017 - 3:37 PM By

MAR SOYBEANS Since the USDA Jan 12 Crop Report, Mar Beans have gone vertical – amassing 75 cents worth of gains in just 4 trading days! They have been the beneficiary of a plethora of factors – excessive rains in Argentina, a sharply lower dollar & a friendly Jan USDA Report. Even more impressive technically […]

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AgMaster Report 01/11/17

On January 12, 2017 - 7:04 AM By

MAR SOYBEANS Mar Beans were able to squeeze out a 10 cent inter-week advance – only to surrender that & much more – as Friday exports were abysmal – at a marketing year low! The mkt could see some evening up this week in front of the USDA’s final Prod & Yield #’s- issued on […]

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