Commentary

Apr 16, 2018 | For Members

Afternoon Market Recap

By: Patrick McRae – Grain markets felt a stiff set back as chart technicals have remained in the overbought territory for a bit too long it would seem. Temperatures across the Midwest and large snowfall coverage have all but ensured a later start to planting for this year. Currently, the…

Apr 16, 2018 | For Members

Commitments of Traders Analysis

By: Jeff Kaprelian – Corn Commercials were net sellers of 11,585 contracts after adding 5,403 new shorts and liquidating 6,182 longs. Funds were net buyers of 14,987 after liquidating positions on both sides of the market. They bought back 30,335 shorts while only getting out of 15,348 longs. That means…

Apr 16, 2018

Free Commentary

By: Dan Hueber – Snow in the northern reaches of this country and rain in the south, virtually assures that we will see little progress with fieldwork or planting in the next few days ahead in the U.S. Are the markets concerned? Obviously not, as this morning we have grains…

Apr 16, 2018 | For Members

Overnight Market Update

By: Kelley Fornoff – Grains are mixed to begin the week with wheat leading the way lower on an increased chance of rain in the forecast. At the break, May corn is 1’6 lower at 384’4 and May soybeans are 2’6 higher at 1057’0. May Chicago wheat is 5’2 lower…

Apr 13, 2018 | For Members

Afternoon Market Recap

By: Patrick McRae – Grain markets responded in what would be assumed as profit taking before the weekend. The corn market’s charts are beginning to roll over but soybeans are still finding some supportive trend following activity. Wheat has all but failed from its recent rally, but weather concerns are…