By: Dan Hueber – Slowly but surely, grain and soy markets continue to inch their way back from the washout that was witnessed post report last Friday. While the corn market is not back above pre-report levels, May futures currently sit 7-cents above last Friday’s close, while May beans are…
Commentary
Daily Comments
By: Dan Hueber – Slowly but surely, grain and soy markets continue to inch their way back from the washout that was witnessed post report last Friday. While the corn market is not back above pre-report levels, May futures currently sit 7-cents above last Friday’s close, while May beans are…
Afternoon Grain and Cattle Recap
Grains – Jeff Kaprelian There wasn’t much that happened during the day session today. Corn finished 1’2 higher at 362’6 on short-covering. The market is starting to focus on new crop prices more and more now, so that should lead to a seasonal decline in the May/December spread for a…
Risk Management Update
No new updates Corn 2019/20 Sell 10% of expected production at 420’4 (Filled 5/1/18) Buy 420’0 CZ9 calls on 50% of expected production at 21’0 (Filled 10/17/18) Offer 50% of expected production at 420’0 futures/HTA 2018/19 We have been 100% priced, but for those who have corn left to sell we issue…
Daily Comments
By: Jeff Kaprelian – Grains are higher this morning as markets continue their recovery from Friday’s losses. Optimism over a deal with the Chinese is giving soybeans their boost today. Larry Kudlow said he expects more progress this week as Chinese Vice Premier Liu is in Washington for another round….