Currently viewing the tag: "Bill Moore"

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

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! […]

Continue Reading

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 […]

Continue Reading

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 […]

Continue Reading

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 […]

Continue Reading

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 […]

Continue Reading

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 […]

Continue Reading

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 […]

Continue Reading

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 […]

Continue Reading

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! […]

Continue Reading

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 […]

Continue Reading

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 […]

Continue Reading