February WASDE Estimates
Trading Advisories
Soybeans rally on record crush, S. Am crop problems
Good morning twig 2.2 Crop insurance tracker, day 1 Corn- 5.77 Beans- 13.82 Spring Wheat- 8.73 Cotton- 1.02 US soybean crushing hit a record high of 5.95 million short tons (198 million bushels) in December, up 3% on the year and 4% on the month, USDA data showed late Tuesday. The December soybean grinding figure… Read more.
This Week in Grain and Oilseeds 1/31-2/4
Happy Monday WE HAVE A NEW APP! CHECK OUT FARM ADVANTAGE HERE! This is a phone where you can access all of your Stonex account trade details, along with Market Intelligence, Weather, Futures quotes and local cash bids. Let me know if you have any questions or would like to take it for a spin. twig 1/31… Read more.
Trade Spotlight: Futures – Weekly Summary: British Pound, Live Cattle
The target triggered for a profit on the short British Pound contract. Sold the Live Cattle contract when the market filled in the gap.
Turner’s Take Podcast | Brazil Soybean Estimates Continue to Fall
Brazil Soybean Estimates Continue to Fall
Trade Spotlight: Futures – Weekly Summary: British Pound, Live Cattle
Shorted the British Pound contract and trailed the stop loss order lower to reduce the risk. New order working to sell the Live Cattle contract.
Turner’s Take Podcast | Not Enough New Crop Acres To Go Around
Corn, wheat, and soybeans will need to have trendline yields or better to get ending stocks back to adquate supply levels
Trade Spotlight: Futures – Weekly Summary: Live Cattle
Stopped out of the Live Cattle position for a profit.
Turner’s Take Podcast | Jan WASDE Bearish SRW Wheat and Bullish Soybeans
The January WASDE was bearish SRW wheat due to an increase in acres and bullish soybeans as global stocks declined
Turner’s Take Podcast | Bullish Grains, Hawkish Fed
Grains and oilseeds are bullish on S. American weather concerns while the Fed minutes were much more hawkish than expected