Currently viewing the tag: "AGMASTER"

AgMaster Report 12/05/17

On December 5, 2017 - 2:34 PM By

JAN SOYBEANS Since early Oct, Jan Beans have been range bound (965-1010) with robust Chinese demand & a lower US Dollar doing battle with the US harvest & early S/A growing weather!  But now with the US Harvest in the rear-view mirror, the mkt was able to push to the top of the range off […]

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AgMaster Report 11/15/17

On November 15, 2017 - 9:00 AM By

Written 11/13/17) JAN SOYBEANS The trade eagerly awaited the 11/9 USDA Report & were greeted with a bearish surprise – especially for corn – where both total production & yield came out over the expected ranges!  It appears that seed genetics baled the mkt out – after a rough weather start!  Going forward, South America […]

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AgMaster Report 11/01/17

On November 1, 2017 - 3:43 PM By

NOV SOYBEANS Bean harvest is all but over at 83% done (avg – 84).  This validates the Aug 16  low at 921 as the official HARVEST LOW!  Since that low was made, the mkt has sideways  traded its way higher – currently sitting 50 cents off its low!  “Crop Concerns” will shift from the US […]

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AgMaster Report 10/26/17

On October 26, 2017 - 11:18 AM By

Written 10/26/17 NOV SOYBEANS Sterling exports have been doing battle with the harvest pressure of the US’s biggest ever bean crop (4.4 – 4.5 BB) – which has produced a sideways trade since mid-Aug – albeit with an upward bias!  With the harvest almost ¾ done, the “old wives tale” says the lows are in!  […]

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AgMaster Report 10/19/17

On October 19, 2017 - 2:13 PM By

NOV SOYBEANS Since Labor Day, Nov Beans have languished in a 50-cent range (940-985) – with offsetting fundamentals keeping it under wraps! (HARVEST, EXPORTS, SOUTH AMERICA, US DOLLAR, USDA REPORTS) – that is until last Thur when a basically neutral USDA crop report ignited the mkt upside & to its highest close since early August! […]

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AgMaster Report 10/05/17

On October 5, 2017 - 3:27 PM By

NOV SOYBEANS The last two days, the action in Nov Beans has epitomized the Trading-range nature of the contract thru Sept!  On Friday, the USDA issued a friendly Qtly Stocks Report that moved Nov Beans to mid-range, but then today, heavy harvest pressure took away all those gains! FACTORS IMPACTING THE MKT EXPORTS – Mon […]

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AgMaster Report 09/20/17

On September 20, 2017 - 3:13 PM By

NOV SOYBEANS After the USDA issued yet another Bearish monthly crop report on Sept 12, Nov Beans – after an initial spike down to 20 lower – recovered to a Mid-range close & two days later had traded to its Sept highs – some 40 cents off the report-day lows!  This mkt action tells us […]

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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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