China looks to lower tariffs on imports as the critical date approaches. A 2.8 million head slaughter this week will likely limit upside
Watch Sr. Broker Drew Rathgeber give a [VIDEO] presentation for all of your favorite Commodity Futures Markets to include DowJones Industrial, 30YR T-Bonds, Gold, Silver, Euro Currency, Oil, etc. This is a unique presentation in [VIDEO] format making it easy for you to watch! Last about 5 minutes and will give a broad overview of… Read more.
G-J struggles again above 6 cents. Lets take profit and buy a break
We expect the Dec contract to continue to chop this week. We will be looking for evidence of topping slaughter numbers to jump long Feb.
KC wheat looks toppy here, down 5 from the close yesterday. Oilseeds remain quiet while corn spreads back off.
Corn falls further behind, beans are only slightly off pace. Cotton is ahead of last years harvest pace. Wheat conditions are downgraded.
Here is a recap of the “Data Feed Trade” from October 2019. The “Data Feed Trade” is a strategy to collect premium once a month to offset your monthly exchange data fees. You can read all of the details of this strategy in the following article. Paying Exchange Market Data Fees Every Month? DON’T! The… Read more.
Dec contract fights with high pork production, limiting cash price advances. Feb and beyond remain strong as potential Asian demand supports
Understanding Expiration and Futures Contracts Months By nature, a futures contract is a perishable security. It features a distinct expiration date when the legally binding agreement is settled. Upon expiration, the contract ceases to be tradable on the open market. The concept of expiration makes futures contracts finite instruments, different from forex pairs or stocks.… Read more.
USDA November WASDE Recap 11/8