JULY WHT When it takes a mkt only 2 days rally to recapture what it lost in 5, that speaks volumes about its underlying strength […]
Continue Reading →JULY WHT Who would have thunk it just a mere month ago – the lowly, often beat-up wht mkt emerging as the upside leader at […]
Continue Reading →JULY CORN The above chart speaks volumes about July Corn’s upside technical breakout from a coiling, consolidation pattern the mkt was in from Feb-April! And […]
Continue Reading →JULY WHEAT After a near-vertical 80 cent, 6-day rally, July Wht became severely over-bought & is predictably correcting today -with the fundamental attached to the […]
Continue Reading →JULY WHEAT A plethora of bullish fundamentals have driven July Wht to two month highs – including historical cheapness, dryness in the US Southern Plains […]
Continue Reading →JULY CORN For the past 6 weeks, July Corn has been locked in a tight 20 cent range (440-460), as headwinds such as planting pressure, […]
Continue Reading →JULY CORN As is evident from the above chart, May Corn has been confined to a 30 cent range (420-450) since Mar 1! The friendly […]
Continue Reading →MAY CORN May Corn – after being held hostage for several weeks – in anticipation of the USDA Stocks/Seeding 3-28-24 Report – exploded last Thursday […]
Continue Reading →MAY CORN May Corn is consolidating its 30 cent rally since Feb 26 as it awaits the USDA qtly Stocks/Acreage Intentions Report due out on […]
Continue Reading →MAY BEANS The March WASDE issued Friday at 11am was considered neutral/negative with US stocks higher, Global stocks lower and Brazilian Bean estimates higher! While […]
Continue Reading →MAY CORN It appears that last Monday, May Corn finally put in a seasonal low after a $2.30 plummet (6.40 – 4.10) from last Summer’s […]
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AgMaster Report 05/29/2024
JULY WHT Black Sea weather woes continue to plague the July Wheat – so far driving it up $1.70 (5.50-7.20)! Last night, the mkt opened […]
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