Daniels Trading commodity futures broker Craig Turner discusses today’s news from the Federal Reserve, the US Dollar, resistance in Crude and Hogs, support for Natural Gas, and what to look for in Cattle. We also review our thoughts on the Corn, Wheat and Soybean markets. Want to know what to look for in the futures… Read more.
Archives for February 1, 2017
Just about 2 weeks ago (1/19), we touched on getting LONG this market if we broke above 73.00 Now that we are above the recent highs, let’s check in on the positions and make some adjustments.
Good morning friends Corn (H17) 359’4 -‘2 Soybeans (H17) 1022’0 -2’4 Chi Wheat (H17) 418’2 -2’4 KC Wheat (H17) 426’0 -3’4 Cotton (H17) 75.61 +.67 CBOT markets are slightly lower after the dynamite close yesterday in all row crops. The rally came on the back of bullish macro factors, thanks to the… Read more.