Morning Comment – #Wheat #Corn #Soybeans #OATT – 16/10/2018 8.55am GMT

Two-sided session yesterday in the US, Soybeans ended sharply up in the end: +24.00 cents. Corn also rebounded closing up +4.50 cent. Strong export inspections probably triggered more short covering. Wheat purely followed, ending up +7.75 cents in Chicago, +7.50 cents in Kansas, +4.50 cents in Minneapolis. On the other side of the Pond, the … Continue reading Morning Comment – #Wheat #Corn #Soybeans #OATT – 16/10/2018 8.55am GMT

Morning Comment – #Wheat #Corn #Soybeans #OATT – 15/10/2018 8.20am GMT

Friday was still in digestion mode after the USDA WASDE, there’s a lot of risk off as short bets, even if right, would pay off in a few weeks time if not months are good news will now come from plantings and winter weather. By the meantime, a lot can happen on the upside: Australian … Continue reading Morning Comment – #Wheat #Corn #Soybeans #OATT – 15/10/2018 8.20am GMT

Morning Comment – #Wheat #Corn #Soybeans #OATT @USDA #WASDE – 12/10/2018 8.50am GMT

Let’s cut it short, those days are just about the USDA WASDE, the day of the month the fundamentals matter… Or not! Wheat Old Crop: nothing major but every little helps. Production in Argentina is raised by +0.5MT to 18.5MT, hence world ending stock are raised by +0.49MT. Wheat New Crop: obviously starting with some … Continue reading Morning Comment – #Wheat #Corn #Soybeans #OATT @USDA #WASDE – 12/10/2018 8.50am GMT

Morning Comment – #Wheat #Corn #Soybeans #OATT @USDA #WASDE – 11/10/2018 10.20am GMT

Weak day again as Soybeans closed down -10.75 cents, Corn -1.75 cents, Wheat -4.50 cents in Chicago, -3.25 cents in Kansas and -1.75 cents in Minneapolis. On the other side of the Pond, no exception, market was also very weak with MATIF Milling Wheat down -€0.75 and London Feed -£1.95.   Night session is more … Continue reading Morning Comment – #Wheat #Corn #Soybeans #OATT @USDA #WASDE – 11/10/2018 10.20am GMT

Morning Comment – #Wheat #Corn #Soybeans #OATT – 09/10/2018 10.15am GMT

Dull Monday with Soybeans up 0.75 cent and Corn down -1.75 cent. Only wheat was a bit more active, ignoring the scaremongering coming from Australia and Russia and ended down -7.00 cents in Chicago, -6.75 cents in Kansas and -2.25 cents in Minneapolis. On the other side of the Pond it was relatively quiet, MATIF … Continue reading Morning Comment – #Wheat #Corn #Soybeans #OATT – 09/10/2018 10.15am GMT

Morning Comment – #Wheat #Corn #Soybeans #OATT – 08/10/2018 9.30am GMT

A relatively quiet Friday apart on Soybeans as they rebounded +9.75 cents. They seem to continue their technical retracement after visiting sub 820 cents levels last month. Else, Corn was up +0.75 cent, Wheat +3.00 cents in Chicago, +2.00 cents in Kansas, +1.50 cents in Minneapolis. MAIF was also relatively quiet, +€0.75 and London Feed … Continue reading Morning Comment – #Wheat #Corn #Soybeans #OATT – 08/10/2018 9.30am GMT

Mid Session Comment – #Wheat #Corn #Soybeans #OATT – 01/10/2018 11.55am GMT

Typical week Friday, buyers had left for the week-end already! Soybeans moved down -9.50 cents, Corn -8.50 cents, Wheat -4.00 cents in Chicago, -6.00 cents in Kansas and -7.50 cents in Minneapolis. London Feed Wheat was marginally down with -£0.30 and MATIF Milling Wheat managed to keep its head out of the water, ending up … Continue reading Mid Session Comment – #Wheat #Corn #Soybeans #OATT – 01/10/2018 11.55am GMT

Mid Session Comment – #Wheat #Corn #Soybeans #OATT @USDA #WASDE – 13/09/2018 2.00pm GMT

Market moved down -14.25 cents on Corn yesterday, surprised by the extent of the US yield increase. Wheat moved down -12.00 cents in Chicago, -16.00 cents in Kansas and -10.25 cents in Minneapolis. On the other side of the Pond, London Feed was down -£1.35 and MATIF -€1.75. The lack of export control (yet) and … Continue reading Mid Session Comment – #Wheat #Corn #Soybeans #OATT @USDA #WASDE – 13/09/2018 2.00pm GMT

Morning Comment – #Wheat #Corn #Soybeans #OATT – 10/09/2018 8.35am GMT

Friday’s session was interesting on MATIF Wheat as the usual scams and manipulation have come back in force on the U8 expiry with U8 being down -€17.75. A few happy guys around, the issue, funnily enough, it’s always the same guys! Apart form that it was a relatively quiet Friday with MATIF Wheat down -€0.50 … Continue reading Morning Comment – #Wheat #Corn #Soybeans #OATT – 10/09/2018 8.35am GMT

Morning Comment – #Wheat #Corn #Soybeans #OATT – 04/09/2018 9.35am GMT

US Labor Day yesterday, markets were closed. To be honest they quite deserved it after a few weeks of being hectic. In Chicago, Soybeans moved down -1.07% during the week, +0.72% for Soybeans and +0.73% for Wheat. Much more nervous in Europe due to the Russian story, MATIF Wheat printed +1.36% in euro last week … Continue reading Morning Comment – #Wheat #Corn #Soybeans #OATT – 04/09/2018 9.35am GMT