When it comes to grain trading, basis is a vital concept to grasp. It denotes the difference between a commodity’s local price and its current price on the futures market: Basis = cash market price – futures market price. For grain producers and speculators, basis plays a major role in whether crops are taken to… Read more.
The USDA released the January WASDE, Winter Wheat Seedings, and Dec 1 Stocks report today. The big surprise was Hard Red Winter Wheat seeding were lower than expected by 2.5mm acres. The trade was looking for about 29.0mm acres of HRW wheat (KC Wheat) and the USDA projects 26.5mm acres. If projected ending stocks were… Read more.
This blog update is highlighting the Market Action Alert Soybean Spread entry that was released and sent to subscribers of the Market Dimensions advisory 1/5/15. This is the 2nd spread entry for the month of January 2016. If you would like to follow these Market Action Alerts, as well as my short term futures trades, contained with-in my MDA SnapShot, I encourage you to sign up for your FREE subscription to the service.
I put together a Supply and Demand table for 2016-2017 (new crop) corn and soybeans and it was fairly neutral for corn but bearish for soybeans.
Take your knowledge of the Grains Markets to the next level. Equipped with our Risk Management Kit, our guides will help answer many of your hedging questions and help you discover the potential opportunities in hedging grains.
Wheat prices edged higher in Chicago on Monday, its fourth straight session rising as rain threatens the European crop.
After an almost four-year low, soybeans continue their two day gains today to 2 percent.
For the next five days in the Midwest, the National Weather Service forecasts a quarter-inch to three-quarters of an inch of precipitation in Iowa. Central and northern Illinois will mostly receive one-tenth of an inch. The NWS’s six- to 10-day and eight- to 14-day outlooks are similar, mostly predicting above-average chances of precipitation in the… Read more.
Let’s talk about a phrase we like to call Seller’s Remorse. You may be asking, “What is it and how does it happen?” We will answer that question in greater depth later on, but it is more important to know how it can be avoided! Seller’s Remorse is the feeling you get after making a… Read more.
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.