Currently viewing the tag: "Fundamental Analysis"

In the overnight electronic session the December Corn is currently trading higher and making new highs at 379 ¾ which is 4 ½ cents higher. The trading range has been 379 ¾ to 374 ¾ so far. Temperatures, weather and yields are the main focus as South America’s dry weather and a slow harvest is [...]

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The Federal Reserve with its historic ending of quantitative easing seemed almost hawkish and perhaps a bit oblivious to the impact that the ending of QE might have on the Europe and the rest of the world. The Feds changing the wording about employment, one of the main criteria for raising interest rates, sent the dollar [...]

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Morning Grains 10/29/14

On October 29, 2014 - 11:29 AM By

DJ China Dalian Grain Futures Closing Prices, Volume Soybean No. 1 Turnover: 202,342 lots, or 8.99 billion yuan Open High Low Close Prev. Settle Ch. Vol Open Settle Interest Nov-14 – – – 4,400 4,400 4,400 0 0 20 Jan-15 4,468 4,498 4,462 4,485 4,495 4,478 -17 134,674 358,524 Mar-15 4,341 4,440 4,341 4,440 4,433 [...]

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Morning Softs 10/29/14

On October 29, 2014 - 11:26 AM By

COTTON General Comments: Futures higher on follow through buying. The market seems to need to find some producer selling. Producers are not selling as prices are low and the USDA loan support program offers a better deal for them. The weather is good as most US production areas are now dry and harvesting should be [...]

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In the overnight electronic session the December Corn is currently trading at 367 ½ which is 3 cents higher. The trading range has been 369 to 362 ½ so far. Dry weather in South America enticing more orders to our market, slower harvest than anticipated and yields now coming into question are driving the bears [...]

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Financials: Dec. Bonds are currently 2 lower at 141’15, 10 Yr. Notes 1 lower at 126’29 and the 5 Yr. Notes fractionally lower at 119’29. Results of the 2 day FOMC meeting will be announced at 1:00pm Central. It is expected that we will see the end of Quantitative Easing and that language will reflect [...]

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The Oil Shot. The Energy Report 10/29/14

On October 29, 2014 - 7:36 AM By

While the U.S. gets ready to end QE it seems the U.S. is getting stimulated in a different way, courtesy of Big Oil. Consumer confidence soared as gas prices fell proving once again that the way to win the heart of America is cheap gas prices. In fact the Conference Board said consumer sentiment hit [...]

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AGMASTER Report 10/28/14

On October 28, 2014 - 10:30 AM By

Written 10/24/14 NOV BEANS The mkt seems to be reacting much better to good news than it did in the June-Sept period – when Nov Beans dropped $3.00 due to a record crop on the come! In early October, harvest delaying rain forced two upweeks – and this past week – another 23 cent up [...]

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Morning Grains 10/28/14

On October 28, 2014 - 10:24 AM By

DJ China Dalian Grain Futures Closing Prices, Volume Soybean No. 1 Turnover: 260,830 lots, or 11.62 billion yuan Open High Low Close Prev. Settle Ch. Vol Open Settle Interest Nov-14 4,400 4,400 4,400 4,400 4,380 4,400 20 2 20 Jan-15 4,530 4,535 4,462 4,465 4,481 4,495 14 174,932 363,268 Mar-15 4,401 4,449 4,401 4,449 4,427 [...]

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Morning Softs 10/28/14

On October 28, 2014 - 10:20 AM By

COTTON General Comments: Futures closed mostly a little higher after what appeared to be chart based buying. Only December was lower. The market seems to be searching for a direction right now. Producers are not selling as prices are low and the USDA loan support program offers a better deal for them. The weather is [...]

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Exceptional harvesting weather the past few days would make you think to put 2 and 2 together and the market should further slide. It looked that way early, however the Grains rebounded in Monday’s open out-cry session and continued the momentum in the overnight electronic session. The main story I am hearing is Soybean Meal [...]

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As oil prices tried to bounce back from a five year low oil companies and OPEC try to adjust to low oil prices. BP earnings kick offed the big oil earnings season and they could have been worse. The company reported profits of $3 billion down from $3.7 billion from a year ago. Costs from [...]

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