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

Morning Comment – #Wheat #Corn #Soybeans #OATT #GASC @USDA #WASDE – 09/01/2018 10.55am GMT

Down across the board for the real first day back to normal business in 2018: Soybeans moved down -3.25 cents, Corn -4.00 cents, Wheat -3.00 cents in Chicago, -4.25 cents in Kansas and -1.25 cent only in Minneapolis, closing the premium to 197.75 cents to Chicago and 192.25 cents to Kansas, $2 is too attractive … Continue reading Morning Comment – #Wheat #Corn #Soybeans #OATT #GASC @USDA #WASDE – 09/01/2018 10.55am GMT

Morning Comment – #Wheat #Corn #Soybeans #OATT – 08/01/2018 9.50am GMT

A quiet session on Friday with Soybeans up +2.25 cents, Corn ticking up, Wheat down -3.25 cents in Chicago, -2.25 cents in Kansas and -1 cent in Minneapolis (premium ended to 196 cents to Chicago and 189.25 cents to Kansas). Funds bought 2,500 lots of Soybeans, 5,000 lots of Corn and sold 2,500 lots of … Continue reading Morning Comment – #Wheat #Corn #Soybeans #OATT – 08/01/2018 9.50am GMT

Morning Comment – #Wheat #Corn #Soybeans #OATT – 05/01/2018 9.55am GMT

It really seems like market cannot really care about the weather: there’s a so called ‘bomb cyclone’ and East Coast airports are closing, shark are dying frozen, even in Florida, iguanas are falling frozen from trees (in full hibernation mode), but Wheat, Corn and Soybeans markets aren’t panicking just yet, and with a such short … Continue reading Morning Comment – #Wheat #Corn #Soybeans #OATT – 05/01/2018 9.55am GMT

Morning Comment – #Wheat #Corn #Soybeans #OATT – 04/01/2018 8.55am GMT

When it is too cold, it is bad (winterkill risk in the us), when it is too mild it is also bad (Black Sea temperatures could take wheat out of dormancy, reduce the snow layer and expose it to winter kill). The never ending story… But in all fairness, the crop condition report was a … Continue reading Morning Comment – #Wheat #Corn #Soybeans #OATT – 04/01/2018 8.55am GMT

Morning Comment – #Wheat #Corn #Soybeans #OATT – 03/01/2018 11.20am GMT

Kind of scary to switch on the screen after 10 days of blackout! But one has to have priorities… Happy New Year 2018!   At least let’s try to catch up on the last week and the current week (well yesterday as Monday was closed). Although markets were generally up on the Christmas week, no … Continue reading Morning Comment – #Wheat #Corn #Soybeans #OATT – 03/01/2018 11.20am GMT

Morning Comment – #Wheat #Corn #Soybeans #OATT #GASC @USDA #WASDE @CFTC #COT – 12/12/2017 10.25am GMT

Market had been down last week as no real bullish fundamentals were coming in in the week preceding the USDA WASDE report: Soybeans had been down -0.45%, Corn -1.67%, Chicago Wheat -4.45%, -4.46% in Kansas, -3.21% in Minneapolis, -1.36% on MATIF in US dollar (EURUSD was down -1.05%) and -0.88% for London Feed in US … Continue reading Morning Comment – #Wheat #Corn #Soybeans #OATT #GASC @USDA #WASDE @CFTC #COT – 12/12/2017 10.25am GMT

Morning Comment – #Wheat #Corn #Soybeans #OATT – 07/12/2017 8.55am GMT

Market lives in wishful thinking, whishing, hoping, that something is wrong, but fundamental news are reminding again and again that it is not the case, at least yet. The prophet of doom was this time Statisiques Canada, raising their wheat and canola crop to respectively 29.984MT and 27.130MT. USDA is at 27MT for wheat, so … Continue reading Morning Comment – #Wheat #Corn #Soybeans #OATT – 07/12/2017 8.55am GMT

Morning Comment – #Wheat #Corn #Soybeans #OATT #Brexit – 05/12/2017 10.05am GMT

Eventful day in Brussels! Over the week-end it sounded like a formality, deal was supposed to be done… Well not quite! There’s an allegory of the Excel circular reference here: Ireland and Norther Ireland want a “regulatory alignment”, so in essence Northern Ireland needs to be in the common market for that to happen, but … Continue reading Morning Comment – #Wheat #Corn #Soybeans #OATT #Brexit – 05/12/2017 10.05am GMT