Currently viewing the tag: "Grains"

Morning Grains. 09/29/16

On September 29, 2016 - 10:46 AM By

DJ Analyst Estimates for the USDA Quarterly Hogs and Pigs Report
The following estimates, as compiled by the Wall Street Journal, are in percentages of the year-earlier figures. The U.S. Department of Agriculture’s quarterly hogs and pigs report is scheduled for release at 3:00 p.m. ET Friday.
High and low estimates were included […]

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AgMaster Report 09/29/16

On September 29, 2016 - 9:05 AM By

NOV SOYBEANS The Nov Bean Contract has been range-bound (940-1020) since Aug 1! Excellent yield reports have re-inforced ideas of arecord 4.2 BB crop – pushing the mkt down to the 940 level. On the other hand, intermittent harvest delays & sterling exports have elevated the mkt to & above the $10 mark! The October […]

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Morning Grains. 09/28/16

On September 28, 2016 - 12:04 PM By

DJ Analyst Estimates for the USDA Quarterly Hogs and Pigs Report
The following estimates, as compiled by the Wall Street Journal, are in percentages of the year-earlier figures. The U.S. Department of Agriculture’s quarterly hogs and pigs report is scheduled for release at 3:00 p.m. ET Friday.
High and low estimates were included […]

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9/28/2016
Financials: Dec. Bonds are currently 7 lower at 169’07, 10 Yr. Notes 4 lower at 131’13, 5 Yr. Notes 1.5 lower at 121’21 and June 2017 Eurodollars 0.5 lower at 99.015. German 10 Yr. Bund set record low yield as Angela Merkel said their government will not be prepared to bail […]

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Morning Grains. 09/26/16

On September 27, 2016 - 8:28 AM By

DJ Summary for September USDA Monthly Cattle-on-Feed Data
Data from the U.S. Department of Agriculture’s monthly cattle-on-feed report, released at 3 p.m. ET Friday, and analysts’ estimates as compiled by the Wall Street Journal.
Numbers USDA’s Average Range
2016 2015 estimated of analysts’ of analysts’
% of prev yr estimates estimates

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Morning Grains. 09/22/16

On September 22, 2016 - 10:20 AM By

DJ U.S. Export Sales: Weekly Sales Totals – Sep 22
For the week ended Sep 15, in thousand metric tons, except cotton in
thousand running bales. Net changes in commitments are gross sales,
less cancellations, buy-backs and other downward adjustments. Total
commitments are total export shipments plus total sales.
The […]

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AgMaster Report 9/21/16

On September 21, 2016 - 2:53 PM By

Written 9/19/16 NOV SOYBEANS Since Aug 1,the USDA has issued two crop estimates – 4.06BB & 4.20BB! In mid-Aug, the Pro Farmer Tour predicted a 4.09 BB crop! So there you have it! 4.0 – 4.2BB – a range the mkt has traded on for 6 weeks! Based on early yield reports & typical harvest […]

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Morning Grains. 09/21/16

On September 21, 2016 - 10:22 AM By

WHEAT
General Comments: Wheat closed a little higher in sympathy with the rallies in Corn and Soybeans. Minneapolis closed lower due to the increased Canadian production estimates from StatsCan. However, the estimate was model based and not survey based and could change quite a bit once the harvest is complete. Plus, there is talk […]

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Morning Grains. 09/20/16

On September 20, 2016 - 12:29 PM By

DJ USDA Grain Inspections for Export in Metric Tons – Sep 19
Source: USDA
COUNTRY OF DESTINATION IS REPORTED AS KNOWN AT THE TIME OF EXPORTATION.
INFORMATION CONTAINED IN THIS REPORT REFLECTS EXPORTED GRAIN INSPECTED AND
WEIGHED THROUGH GIPSA’S AUTHORITY UNDER THE U.S. GRAIN STANDARDS ACT.
NO ADDITIONAL ANALYSIS, COMPILATIONS […]

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Reminiscence of a Grain Operator

On September 20, 2016 - 9:24 AM By

Commodity traders are nuts, right? Taking risk on a daily basis. Crazy swings in the market and they walk away a hero one day or a zero the next. Go for broke! That’s what I used to think and there probably are individuals in this scenario but eventually the stress takes hold and the capital […]

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FOMC this week. The Nemenoff Report 09/20/16

On September 20, 2016 - 7:49 AM By

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Financials: Dec. Bonds are currently 11 higher at 166’02, 10 Yr. Notes unchanged at 130’14, 5 Yr. Notes down 1 at 121’05 and June 2017 Eurodollars 1.5 lower at 98.950. FOMC meeting today and tomorrow of which I suspect there will be no change in rates but the language of the minutes should […]

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Morning Grains. 09/19/16

On September 19, 2016 - 10:13 AM By

WHEAT
General Comments: Wheat closed a little higher on Friday. It was a strong week for Winter Wheat futures last week as both Chicago and Kansas City posted strong grains. The weekly charts for both markets show that nearby futures are near resistance areas. Minneapolis closed the week with a small loss as the […]

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