Author: Jeff Kaprelian

Jul 18, 2019 | For Members

Afternoon Grain and Cattle Recap

Grains – Jeff Kaprelian Grains slid across the board today as cooler weather and rains return to the forecast next week. Cementing the day’s fate were weaker than expected export sales, as Dan pointed out this morning. There are two things looming over the market right now. The first is…

Jul 17, 2019 | For Members

Risk Management Update

No new updates this week Corn 2020/2021 Sell 20% of expected production at 415’0 (Filled 4/12/19) 2019/20 Sell 10% of expected production at 420’4 (Filled 5/1/18) Buy 420’0 CZ9 calls on 50% of expected production at 21’0 (Filled 10/17/18) Sold 50% of expected production at 420’0 futures/HTA (Filled 5/24/19) 2018/19 We have been…

Jul 16, 2019 | For Members

Afternoon Grain Market Recap

By: Jeff Kaprelian – Grains finished lower across the board on the improving weather forecast. We can put today’s action squarely on that, along with yesterday’s improving corn conditions. Weather giveth, and weather taketh away. The USDA’s meteorologist published a bulletin today that noted, “showers and thunderstorms associated with a…

Jul 15, 2019 | For Members

Afternoon Grain Market Recap

By: Jeff Kaprelian – Grains finished lower across the board as the weather forecast turned a bit more positive. While it isn’t as bad as it was before, you still can’t call it good. The ridge that has been building is expected to move further west and won’t be as…

Jul 15, 2019 | For Members

Commitments of Traders Analysis

By: Jeff Kaprelian Corn It was a fairly uneventful report for corn. Commercials added roughly 20k contracts to each side of the market. They ended up as net sellers of 1,951. Funds added 3,848 new longs and 1,441 new shorts. The commercial net short is 362,971 contracts, which is fairly…