Currently viewing the tag: "AGMASTER"
JAN BEANS The post-Thanksgiving collapse that has afflicted corn & wheat has not spilled over into the beans – as they have rallied to more […]
Continue Reading →JAN BEANS Like all weather markets, Beans went up on the hot & dry forecast for N Brazil, then corrected 70 cents last week when […]
Continue Reading →JAN BEANS It was feared the negative November WASDE – 4.129 (4.104) & 49.9 (49.6) issued 11-9 would top the mkt out but it appears […]
Continue Reading →JAN BEANS A picture is worth 1000 words! And indeed, the above chart speaks volumes to the fact that “harvest lows are in”! And why […]
Continue Reading →DEC CORN For the past 10 weeks, Dec Corn has found an ideal equilibrium where headwinds & tailwinds have offset one another – keeping the […]
Continue Reading →DEC CORN After congesting for over 2 months in 470-500 trading range, Dec Corn decisively breached the $5.00 level last Thur & Fri – but […]
Continue Reading →NOV BEANS The October WASDE last Thursday at 11am came out a tiny bit friendly with yield at 49.6 (est-49.9) & production at 4.104 (4.132) […]
Continue Reading →DEC CORN The above chart speaks volumes about the very daunting task of carving out “harvest lows”! For two months, Dec Corn has been consolidating […]
Continue Reading →DEC CORN The last 2 days, Dec Corn has showed bullish divergence against a host of negatives including harvest pressure, a strong dollar, a negative […]
Continue Reading →NOV BEANS Carving out a harvest low is an arduous process and 2023 is no exception! Yet, the mkt has all the ingredient to do […]
Continue Reading →NOV BEANS The bizarre weather patterns since June 1 have forced high volatility in Nov Beans this Summer – first a $3.00 rally off early […]
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AgMaster Report 12/05/2023
JAN BEANS In the past 2 weeks, Jan Beans have lost 90 cents (1400-1310) due to more frequent rains falling in N Brazil – potentially […]
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