Author: Jeff Kaprelian

Sep 24, 2018 | For Members

Commitments of Traders Analysis

By: Jeff Kaprelian – Corn Commercials were active buyers last week after adding 41,232 new longs and covering 32,783 shorts. That was net buying of 74,015 contracts. Funds were big sellers of 83,723 contracts after adding 62,925 new shorts and selling out of 21,428 existing longs. This pushed the short-term…

Sep 21, 2018 | For Members

Afternoon Grain Market Recap

By: Jeff Kaprelian – Grains finished mixed with corn higher on short-covering and soybeans and wheat lower. There wasn’t a lot in the news today, but it was certainly nice to see some continuation in the corn market. The concern here is now that we’ve broken resistance at 350’0 we…

Sep 20, 2018 | For Members

Afternoon Grain Market Recap

By: Patrick McRae – Grain markets finished with great gains on the day with soybeans closing up 20 cents in nov and corn briefly trading up 9 cents to close the day up 6. Comments in the news early on today mentioned Chinas interest in reducing import taxes on a…

Sep 19, 2018 | For Members

Afternoon Grain Market Recap

By: Patrick McRae – Grain markets closed higher with enthusiastic buying as wheat and soybeans were able to push above prior day’s highs. In the case of wheat, a long-standing downtrend has been broken and looks to be poised for more of a bounce. I would assume this bounce will…

Sep 18, 2018 | For Members

Afternoon Grain Market Recap

By: Jeff Kaprelian – Grains finished mixed with soybeans hitting new contract lows after the latest round of tariffs and subsequent Chinese retaliation. The Chinese added 5-10% tariffs on $60 billion of U.S. products. There were 5,207 products on the new list including liquefied natural gas, aircraft, vegetables, and chemical…