Morning Comment – #Wheat #Corn #Soybeans #OATT – 06/03/2018 11.00am GMT

After a hesitant start of the day, market closed collectively higher: Soybeans up +6.50 cents on drought in Argentina, Wheat up +9.25 cents in Chicago, +11.75 cents in Kansas and +4.00 cents in Minneapolis on US drought while Corn was relatively quiet (+2.00 cents) in comparison. On the other side of the Pond, mimetic behaviour … Continue reading Morning Comment – #Wheat #Corn #Soybeans #OATT – 06/03/2018 11.00am GMT

Mid Session Comment – #Wheat #Corn #Soybeans #OATT – 05/03/2018 12.10pm GMT

Technical Friday. Soybeans moved up +3.25 cents while the rest was softer, retracing at the end of a very active week: Corn moved down -1.50 cents Wheat -13.50 cents in Chicago, -9.00 cents in Kansas, -13.50 cents in Minneapolis. MATIF moved down -€3.75 and London Feed -£0.85. In Chicago, funds bought 2,500 lots of Soybeans … Continue reading Mid Session Comment – #Wheat #Corn #Soybeans #OATT – 05/03/2018 12.10pm GMT

Morning Comment – #Wheat #Corn #Soybeans #OATT – 28/02/2018 9.15am GMT

Same weather story. However, the so called Beast from the East is quite disappointing, it brings snow layer without extreme temperature, but the snow layer would be sufficient to protect the wheat for days at extremely low temperatures. But market can’t take its eye off it. On the US front, the drought will be under … Continue reading Morning Comment – #Wheat #Corn #Soybeans #OATT – 28/02/2018 9.15am GMT

Morning Comment – #Wheat #Corn #Soybeans #OATT – 27/02/2018 9.45am GMT

Western Europe is waiting from the Beast from the East, US is dry, South American weather is also playing up. There’s a lot to stress about… If Soybeans got a bit of a respite (-2.00 cents), Corn was pushed higher +2.25 cents and Wheat +7.25 cents in Chicago and +8.75 cents in Kansas. The February … Continue reading Morning Comment – #Wheat #Corn #Soybeans #OATT – 27/02/2018 9.45am GMT

Morning Comment – #Wheat #Corn #Soybeans #OATT @USDA Outlook – 26/02/2018 9.20am GMT

A bit of a messy Friday really as markets ended the week sideways. Soybeans were still on the rise (+4.25 cents) but Corn closed a couple of ticks down while Wheat was up +1.00 cent in Chicago but down -1.75 cent in Kansas and -2.25 cents in Minneapolis. On the other side of the Pond, … Continue reading Morning Comment – #Wheat #Corn #Soybeans #OATT @USDA Outlook – 26/02/2018 9.20am GMT

Morning Comment – #Wheat #Corn #Soybeans #OATT – 21/02/2018 9.30am GMT

Soybeans moved up again (+5.00 cents) on the same concerns over South America, H8 closed above $10.25 per bushel. This is a big price considering the current S&D but market fears a hit will happen in Argentina and this won’t be compensated by Brazil. Else, it was a softer day across the board as Corn … Continue reading Morning Comment – #Wheat #Corn #Soybeans #OATT – 21/02/2018 9.30am GMT

Mid Session Comment – #Wheat #Corn #Soybeans #OATT – 19/02/2018 1.35pm GMT

A quiet Friday after a very strong Thursday. A bit of profit taking, mostly technical. Soybeans closed down -2.75 cents, Corn was just ticking down on the close, and Wheat corrected -4.00 cents in Chicago, -3.25 cents in Minneapolis but was up a couple of ticks in Kansas. On the other side of the pond, … Continue reading Mid Session Comment – #Wheat #Corn #Soybeans #OATT – 19/02/2018 1.35pm GMT

Morning Comment – #Wheat #Corn #Soybeans #OATT – 26/01/2018 9.10am GMT

Finally a bit of respite for Soybeans but now front month is so close to $10 that it will become technical appealing! There was a quick spike 2 cents above the magic level yesterday but market closed flat, far from the highs, H8 settling unchanged indeed at 992.25 cents. Corn closed down -1.25 cent. Wheat … Continue reading Morning Comment – #Wheat #Corn #Soybeans #OATT – 26/01/2018 9.10am GMT

Mid Session Comment – #Wheat #Corn #Soybeans #OATT – 25/01/2018 3.10pm GMT

Rebound across the board yesterday: Soybeans move up +6.00 cents, Corn +5.25 cents and Wheat +11.50 cents in Chicago, +9.75 cents in Kansas and +3.50 cents in Minneapolis. Chicago Wheat and Kansas Wheat closed at the same level (433 cents), bot at 175 cents discount to Minneapolis. MATIF Wheat ended up +€1.00 while London Feed … Continue reading Mid Session Comment – #Wheat #Corn #Soybeans #OATT – 25/01/2018 3.10pm GMT

Morning Comment – #Wheat #Corn #Soybeans #OATT – 24/01/2018 11.15am GMT

Soybeans are The Brave Little Tailor: “Seven at One Blow!”. After a sideways session, Soybeans finally ended up +2.00 cents, on the weather concerns in South America, especially in Argentina. So far, the issue is not massively worrying, but with a such amount of short in the market, it’s kind of understandable some get trigger … Continue reading Morning Comment – #Wheat #Corn #Soybeans #OATT – 24/01/2018 11.15am GMT