Morning Comment – #Wheat #Corn #Soybeans #OATT – 23/01/2018 9.10am GMT

Yesterday, Soybeans move up again, +7.00 cents, on South American weather concerns. The amount of short is pretty huge in the market so there’s no need for a huge catalyst (justified or not) to trigger a bit of short covering. Anyway, any cut on the productions could be compensated by lowering US exports considering how … Continue reading Morning Comment – #Wheat #Corn #Soybeans #OATT – 23/01/2018 9.10am GMT

Morning Comment – #Wheat #Corn #Soybeans #OATT @CFTC #COT – 22/01/2018 10.05am GMT

Soybeans moved up +4.25 cents on Friday while Wheat was generally softer (-2.50 cents in Chicago, -2.00 cents in Kansas and Minneapolis). And Corn, as usual these days, stuck in the middle (+1.00 cent). Nothing much to report, a quiet Friday really. MATIF Wheat was a couple of ticks down while London Feed moved down … Continue reading Morning Comment – #Wheat #Corn #Soybeans #OATT @CFTC #COT – 22/01/2018 10.05am GMT

Morning Comment – #Wheat #Corn #Soybeans #OATT – 19/01/2018 11.20am GMT

An unconvincing higher day: Soybeans closed up +4.25 cents, Corn down -1.50 cent, Wheat up +3.75 cents in Chicago, +2.50 cents in Kansas and -1.50 cent in Minneapolis. On the other side of the Pond, MATIF Wheat ticked down, London Feed ticked up. Funds bought in Chicago 2.500 Wheat, 4,000 Soybeans and sold 6,500 Corn. … Continue reading Morning Comment – #Wheat #Corn #Soybeans #OATT – 19/01/2018 11.20am GMT

Morning Comment – #Wheat #Corn #Soybeans #OATT – 18/01/2018 9.50am GMT

At some point it has to rebound. It did yesterday, Wheat finally did: +5.00 cents in Chicago and Kansas, just a little tick up in Minneapolis. Corn followed with +4.75 cents, Soybeans closed up +0.75 cent. Nothing much to say really. Funds bought 17,000 Corn, 2,000 Soybeans and 4,500 Wheat. On the other side of … Continue reading Morning Comment – #Wheat #Corn #Soybeans #OATT – 18/01/2018 9.50am GMT

Morning Comment – #Wheat #Corn #Soybeans #GASC #OATT – 17/01/2018 8.30am GMT

Another weak day for Wheat, closing down -4.00 cents in Chicago, -4.25 cents in Kansas and -1.25 cent in Minneapolis. Weather issues seem to be forgotten, and finally, winter crop in the northern hemisphere are not doing too bad over the winter. A lot of traders tried to see a significant bullishness in USDA WASDE, … Continue reading Morning Comment – #Wheat #Corn #Soybeans #GASC #OATT – 17/01/2018 8.30am GMT

Morning Comment – #Wheat #Corn #Soybeans #OATT – 16/01/2018 9.50am GMT

Fairly dull yesterday as US markets were closed. MATIF and London Wheat were both down, catching up on the selloff of Friday, closing respectively down -€1.25 and -£0.15.   Night session is still lower on Wheat, -3.25 cents in Chicago, -5.25 cents in Kansas and a couple of ticks sideways in Minneapolis. Soybeans are opening … Continue reading Morning Comment – #Wheat #Corn #Soybeans #OATT – 16/01/2018 9.50am GMT

Morning Comment – #Wheat #Corn #Soybeans #OATT @USDA #WASDE @CFTC #COT – 15/01/2018 10.40am GMT

Market did a nice leg-splits! Soybeans ended the Friday’s session +10.50 cents and Wheat -1.75 cents in Chicago (-14.00 cents in Kansas, -16.25 cents in Minneapolis). So one can assume there was some significant move on the USDA WASDE, we will dig into that… Corn was struggling in the middle and just ended down a … Continue reading Morning Comment – #Wheat #Corn #Soybeans #OATT @USDA #WASDE @CFTC #COT – 15/01/2018 10.40am GMT

Morning Comment – #Wheat #Corn #Soybeans #OATT – 12/01/2018 10.40am GMT

Down across the board, it was the last settle before the USDA WASDE! Now the clock will just be ticking until later today for sure! Soybeans ended down again -5.00 cents to finish spot on 950 cents. Wheat was down but nothing too dramatic, -1.00 cent in Chicago, a single tick down in Kansas and … Continue reading Morning Comment – #Wheat #Corn #Soybeans #OATT – 12/01/2018 10.40am GMT

Morning Comment – #Wheat #Corn #Soybeans @USDA #WASDE #OATT – 11/01/2018 10.05am GMT

Soybeans are a bit nervous approaching the report with a third session in a row on the downside with -8.75 cents. A fair bit driven by the expectations of the USDA WASDE of tomorrow: the US yield is not expected to move, we should now be very close to final, but lower exports and/or lower … Continue reading Morning Comment – #Wheat #Corn #Soybeans @USDA #WASDE #OATT – 11/01/2018 10.05am GMT

Morning Comment – #Wheat #Corn #Soybeans #OATT @USDA #WASDE #GASC – 10/01/2018 9.05am GMT

If Soybeans moved down -3.00 cents, the rest moved up, largely technically, traders will be  cleaning their positions to be ready for the Friday’s USDA WASDE. Corn ended up +1.75 cents, Wheat up +4.50 cents in Chicago, +5.75 cents in Kansas and +5.25 cents in Minneapolis. On the other side of the Pond, a couple … Continue reading Morning Comment – #Wheat #Corn #Soybeans #OATT @USDA #WASDE #GASC – 10/01/2018 9.05am GMT