Author: Jeff Kaprelian

Dec 17, 2018 | For Members

Afternoon Grain and Cattle Recap

By: Jeff Kaprelian and Patrick McRae – You’d think Christmas came early based on how slow the markets were today. There wasn’t much news to digest, and we consolidated in the existing ranges all around. Corn fell 0’6 to 384’0 in narrow back and forth action. The large fund long,…

Dec 17, 2018

Commitments of Traders Analysis

By: Jeff Kaprelian – Corn Long Short Net Commercials 719,463 878,146 (158,683) Last Week 714,088 831,723 (117,635) Change 5,375 46,423 (41,048) Large Specs 404,390 232,680 171,710 Last Week 392,602 268,873…

Dec 13, 2018

Afternoon Grain Market Recap

By: Jeff Kaprelian – As stated yesterday, this is a “buy the rumor, sell the fact” market. The USDA confirmed sales of 1.13 million metric tons of soybeans to China this morning, but it simply wasn’t enough to satisfy the wants of the market. Soybeans fell 13’0 in January to…

Dec 12, 2018 | For Members

Afternoon Grain and Cattle Recap

By: Jeff Kaprelian and Patrick McRae – One word today: China. Markets got a jump start this morning after some export sales on the daily reporting system. There was a 110k MT sale of soybeans to unknown destinations and another for 130,632 MT to Mexico. After a solid rally we…

Dec 11, 2018 | For Members

Afternoon Grain Market Recap

By: Jeff Kaprelian – The December WASDE was released today and turned out to be a real snoozer. There were no changes at all for old crop, which was to be expected. The December report generally isn’t a big mover, as we don’t see production changes. Starting with corn: 2017/18…