By: Jeff Kaprelian Corn Long Short Net Commercials 706,434 767,087 (60,653) Last Week 726,002 808,155 (82,153) Change (19,568) (41,068) 21,500 Large Specs…
Author: Jeff Kaprelian
Afternoon Grain Market Recap
By: Jeff Kaprelian Grains finished mixed in one of the more boring sessions I can recall. Both corn and wheat were higher while soybeans were lower. The strength in wheat can be attributed to new world demand. Tenders were announced for Algeria and Egypt. Algeria doesn’t announce the results of…
Risk Management Update
No new updates this week. We feel it is important to remind everyone this is not a time to panic and that the markets have a tendency to make lows between early September and early October. Corn 2020/2021 Sell 20% of expected production at 415’0 (Filled 4/12/19) 2019/20 Sell 10% of…
Afternoon Grain Market Recap
By: Jeff Kaprelian Grains finished lower across the board in broad-based commodity selling led by crude oil. Yesterday’s crop ratings certainly didn’t help the case, but it really came down to a lack of momentum to carry us higher. As I stated yesterday, had it not been for crude oil’s…
Afternoon Grain Market Recap
By: Jeff Kaprelian – Grains finished higher across the board on the back of crude oil. Crude oil futures are currently $7/bbl higher after the drone attack on a Saudi oil refinery. Iranian-backed Houthi rebels claimed responsibility, but the U.S. government is stating it was Iran directly. A late ABC…