Currently viewing the tag: "AGMASTER"

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! […]

Continue Reading

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 […]

Continue Reading

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 […]

Continue Reading

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 […]

Continue Reading

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 […]

Continue Reading

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 […]

Continue Reading

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 […]

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