Commentary

Afternoon Grain and Cattle Recap

Grains – Jeff Kaprelian  One announcement before we begin: markets will close early tomorrow for the 4th of July holiday. CBOT grains close at 12:05 central time with Minneapolis wheat and livestock markets at 12:15. There will be no overnight trade on Thursday, and markets will re-open at 8:30 Friday…

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Free Commentary

By: Dan Hueber- With summer temperature finally arrived and a little less frequent rainfall, many had anticipated improvements in the crop conditions, and we surprised to discover that was not the case.  Both corn and beans remain unchanged at 56% good/excellent and 54% good/excellent respectively.  That did provide a little…

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Daily Comments

By: Dan Hueber- With summer temperature finally arrived and a little less frequent rainfall, many had anticipated improvements in the crop conditions, and we surprised to discover that was not the case.  Both corn and beans remain unchanged at 56% good/excellent and 54% good/excellent respectively.  That did provide a little…

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Afternoon Grain and Cattle Recap

Grains – Jeff Kaprelian Grains finished lower and near their daily lows in continuation from Friday’s reports. That, coupled with technical action and an improved weather forecast pressured the markets all day. Of course, we did have a brief jump higher in soybeans after the weekend news that trade negotiations…

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Commitments of Traders Analysis

By: Jeff Kaprelian Corn Commercials jumped out of 47,112 longs and added 1,477 new shorts. The net selling of 48,589 isn’t a great sign. Look at the table above and see how much open interest is stacked on the short side for commercials vs. funds. It’s nearly 7 to 1….

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