Greece looks to have made it through the weekend, with the center-right and pro-bailout New Democracy party winning the parliamentary election there by a narrow margin over the feared Syriza party. A Syriza win would have put an anti-Euro party into leadership. Greece elected a party that will continue to play ball with the European… Read more.
Oranges, grown on trees, are widely cultivated in tropical and subtropical climates for the sweet fruit. Oranges are peeled or cut (to avoid the bitter rind) and eaten whole, or processed to extract orange juice, and also for the fragrant peel.
US Crop weather, the June WASDE report and an ever changing picture in Europe will dominate the headlines this week in the grain and oilseed markets. The trading for the week will start out on a positive note, as European politicians were presented with a request from the Spanish Government for a bailout of approximately… Read more.
Until they reach a specific weight, live cattle are specially raised for beef production. This process begins when they are calves and ends when they reach the required weight. Once the goal weight (typically 600-800 pounds), has been reached, they are then transferred to feedlots and are considered “feeder cattle”. In addition to beef production, cattle are used for milk, leather and soap production, and labor.
This is a sample entry from Craig Turner’s weekly market analysis newsletter, Turner’s Take. MACRO MARKETS The latest round of economic news and reports out of the United States, Europe and China has all been bearish for the markets. The European Monetary Union (EMU) has been the bear market leader as money flees the continent.… Read more.
Years ago I read an article that Larry Connors wrote about a trade setup he called “If They’re Late, They’re Dead”. I can’t remember how his setup worked but the name is a good way to think of what to do with breakout trades. Breakouts tend to be trades that work if you can get in on them early but if you’re late you can get your head handed to you.
Soybeans are one of the most popular oilseed products in the world and are used in the manufacture of plastics, solvents and other industrial products. Additional uses include livestock feed, edible oil and other foods. In the U.S, soybeans were not used as a food product until after the 1920’s. However, soybeans were essential to Asian cultures for hundreds of years before Western cultivation began.
On Monday the stock index futures ended their Chinese water torture selloff and stage a good Taylor Trading Technique Buy day rally. Yesterday was the Sell day in the cycle. That’s what yesterday looked like — the two sided trade of a distribution day.
The spread market between these two feed substitutes has been a swing trader’s dream. The tight, consistent ranges and the support and resistance on each side of the trade have provided those involved with a great trade setup for months. After the recent USDA report, Corn has taken its turn as the whipping post in… Read more.
The corn trade has been incredibly complicated as of late. The situation is one that projects both the most bullish and bearish of set ups, simultaneously. So what is anyone involved in the grain trade supposed to do? What do we focus on going forward that will project prices higher or lower? If market participants… Read more.