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

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