By: Dan Hueber – The combination of Brazilian weather concerns and talk of additional Chinese bean purchasing helped to lift the bean market to the highest levels since the 20th of December yesterday and so far this morning, we are at least sustaining that gain. The weather conditions in Brazil are…
Author: Jeff Kaprelian
Daily Comments
By: Dan Hueber – The combination of Brazilian weather concerns and talk of additional Chinese bean purchasing helped to lift the bean market to the highest levels since the 20th of December yesterday and so far this morning, we are at least sustaining that gain. The weather conditions in Brazil…
Afternoon Grain Market Recap
By: Jeff Kaprelian – It was more of the same today, but grains finished solidly higher. With the government shut down the market seems to be using excuses more than normal to create movement. Today it was ongoing, and in my opinion, unwarranted concerns over the recent dryness in Brazil…
Afternoon Grain and Cattle Recap
Grains – By: Jeff Kaprelian Grains finished flat today after a bounce earlier in the session. Technical buying is all you can put on this. The government shutdown continues, and we won’t see any of the regularly scheduled USDA or CFTC reports. This could turn into a good opportunity when…
Free Commentary
By: Dan Hueber – It would appear that the grain and soy markets are trying to take a page from the equity market playbook. Enough is enough with all the pressure, we need a rebound. Do recognize that equities are under pressure again today after posting a tremendous one-day bounce,…