Morning Comment – #Wheat #Corn #Soybeans #OATT – 19/10/2017 8.25am GMT

Another weak day with a lack of clear conviction and a lack of interest are volumes were quite low. There is no real bullish signal and market will shift focus towards South America but every day without bullish news is virtually good news, so market has no clear reason to rebound, it’s a bit of … Continue reading Morning Comment – #Wheat #Corn #Soybeans #OATT – 19/10/2017 8.25am GMT

Mid Session Comment – #Wheat #Corn #Soybeans #OATT @CFTC #COT #BoE #Brexit – 18/10/2017 9.40am GMT

Soybeans were the only significant move of the day with -6.25 cents. The only thing that can genuinely advocate for Soybeans to stay close to 1,000 cents is the fact that if ratio stock to production is increasing from 27.01% to 27.61% from one year to another, the stock to use ratio is going down … Continue reading Mid Session Comment – #Wheat #Corn #Soybeans #OATT @CFTC #COT #BoE #Brexit – 18/10/2017 9.40am GMT

Mid Session Comment – #Wheat #Corn #Soybeans #OATT @USDA #WASDE – 17/10/2017 11.40am GMT

For those who were drinking beer and who missed a bit of the market action at the ECE in Brussels, let’s do a very quick wrap up. Last week, Soybeans moved up +2.88%, SoyMeal +3.02% and SoyOil +2.38%. On the other side, Wheat moved down, -0.90% in Chicago, -0.11% in Kansas and -1.41% in Minneapolis. … Continue reading Mid Session Comment – #Wheat #Corn #Soybeans #OATT @USDA #WASDE – 17/10/2017 11.40am GMT

Morning Comment – #Wheat #Corn #Soybeans #OATT – 09/10/2017 9.55am GMT

A week a bit sideways: ICE Canola +0.33% in US dollar (USDCAD +0.54%), MATIF Rapeseed -0.53% in US dollar (EURUSD -0.67%), Soybeans +0.41%, Soybean Meal +1.12%, Soybean Oil +0.43%, Corn -1.48%, MATIF Corn -1.47% in US dollar, Wheat -1.06% in Chicago, -1.36% in Kasas and flat in Minneapolis (ending at a premium of 187 cents … Continue reading Morning Comment – #Wheat #Corn #Soybeans #OATT – 09/10/2017 9.55am GMT

Morning Comment – #Wheat #Corn #Soybeans #OATT – 06/10/2017 9.40am GMT

Soybeans were the star of the day while everything else moved with some lack of conviction. Soybeans ended up +10 cents, despite weaker than expected US export Sales (1.02MT) so quite technical but also to be fair harvest is fairly slow in the US and it sounds like the best yields were harvested first. For … Continue reading Morning Comment – #Wheat #Corn #Soybeans #OATT – 06/10/2017 9.40am GMT

Morning Comment – #Wheat #Corn #Soybeans #OATT #GASC – 04/10/2017 9.10am GMT

Sounds like it was some kind of ranging action. Soybeans went down -2.00 cents as well as Corn while Wheat was up across the board: +3.25 cents in Chicago, +2.50 cents in Kansas and +0.75 cents in Minneapolis. More convincing move on the other side of the Pond with MATIF up +€1.50 despite another expected … Continue reading Morning Comment – #Wheat #Corn #Soybeans #OATT #GASC – 04/10/2017 9.10am GMT

Morning Comment – #Wheat #Corn #Soybeans #GASC #OATT – 03/10/2017 9.00am GMT

Red across the board in a pure digestion of the stock report. Indeed, a lack of bearishness doesn’t necessarily mean it is bullish and situation is similar, stocks are heavy and when they are decreasing, it’s slower than the production. Far from being bullish all other things equal! The USDA WASDE could be much more … Continue reading Morning Comment – #Wheat #Corn #Soybeans #GASC #OATT – 03/10/2017 9.00am GMT

Morning Comment – #Wheat #Corn #Soybeans #OATT – 02/10/2017 8.50am GMT

The Friday’ close is reflecting quite well the USDA Quarterly Stock Report. Corn and Soybeans ended up respectively +2.75 cents and +8.5 cents as stocks were below the expectations, by respectively -10.95% (8.19MT) and -12.46% (58.30MT) to the average of the expectations. However, this is a very mechanical reaction, year on year, stocks are respectively … Continue reading Morning Comment – #Wheat #Corn #Soybeans #OATT – 02/10/2017 8.50am GMT

Mid-Session Comment – #Wheat #Corn #Soybeans #OATT – 29/09/2017 11.45 GMT

Down across the board yesterday. Soybeans -6.00 cents, Corn -1.50 cent, Wheat -6.50 cents in Chicago, -6.00 cents in Kansas and -4.75 cents in Minneapolis. There’s a clear nervousness approaching the tonight’s stock report. On the other side of the Pond, MATIF was a couple of ticks down, CME EU flat and London Feed +£0.30. … Continue reading Mid-Session Comment – #Wheat #Corn #Soybeans #OATT – 29/09/2017 11.45 GMT

Morning Comment – #Wheat #Corn #Soybeans #OATT #Brexit #GASC – 28/09/2017 9.45am GMT

A bit of a rebound with a bit of nervousness especially on wheat. We are at a stage of the season where all the bearish news are potentially already in and it could be a dull period where the market is jumping on any bullish catalyst as the boredom is pushing traders to position on … Continue reading Morning Comment – #Wheat #Corn #Soybeans #OATT #Brexit #GASC – 28/09/2017 9.45am GMT