Mid Session Comment – #Wheat #Corn #Soybeans #OATT – 21/05/2018 2.30pm GMT

Wheat is on fire! A strong Friday across the board, pretty convincing to be honest, but the big question will be if the underlying reason is proven to be correct. Basically, these days, Russia is the main topic. International markets got used very quickly to get awashed by Russian wheat but take 13MT away and … Continue reading Mid Session Comment – #Wheat #Corn #Soybeans #OATT – 21/05/2018 2.30pm GMT

Mid Session Comment – #Wheat #Corn #Soybeans @USDA #WASDE #OATT – 11/05/2018 12.55pm GMT

The May USDA WASDE report is like Christmas: new crop data! Woo hoo! But fair to say that the market reaction was more like not believing to Santa Claus as it was welcomed with scepticism. Indeed, Soybeans (N8) settled up +5.50 cents, Corn -0.75 cent, Wheat -4.00 cents in Chicago, -4.50 cents in Kansas and … Continue reading Mid Session Comment – #Wheat #Corn #Soybeans @USDA #WASDE #OATT – 11/05/2018 12.55pm GMT

Morning Comment – #Wheat #Corn #Soybeans #OATT @USDA #WASDE #OATT – 11/04/2018 8.25am GMT

USDA WASDE is always a day the fundamentals may matter… Or may not… Well, the April report is not usually the most exciting as it is the last one without the ‘new new’ crop, new crop data (crop 18/19) will come in the next WASDE. On wheat, old crop ending stocks are raised by +2MT … Continue reading Morning Comment – #Wheat #Corn #Soybeans #OATT @USDA #WASDE #OATT – 11/04/2018 8.25am GMT

Mid Session Comment – #Wheat #Corn #Soybeans #OATT – 04/04/2018 1.30pm GMT

So this was a bit of a reversal of the retracement of the post report rally: quite difficult to understand put like this but in other words, roller coaster. Does this invalidate the retracement and validate the rally? Well, it is tough to answer without having a look at the today’s session… Anyway, yesterday, Soybeans … Continue reading Mid Session Comment – #Wheat #Corn #Soybeans #OATT – 04/04/2018 1.30pm GMT

Morning Comment – #Wheat #Corn #Soybeans #OATT – 03/04/2018 9.45am GMT

EU markets were closed on Easter Monday but US markets were on and the big question was: will the rebound after the report be confirmed? So far not, and next sessions are going to be interesting purely technically to see if the move is validated or invalidated. Soybeans ended down -9.25 cents, Corn -0.50 cent … Continue reading Morning Comment – #Wheat #Corn #Soybeans #OATT – 03/04/2018 9.45am GMT

Good Friday Comment – #Wheat #Corn #Soybeans #OATT #GASC @USDA #Plantings #Stocks – 30/03/2018 11.25am GMT

When you have to leave early, on a report day,… Nothing will happen anyway… Then you come back the day after: D’ho! Right time to be hungover… Soybeans ended up +26.75 cents, Corn +14.25 cents and Wheat +5.50 cents in Chicago, +6.50 cents in Kansas an -11.00 cents in Minneapolis. Funds had the buying fever … Continue reading Good Friday Comment – #Wheat #Corn #Soybeans #OATT #GASC @USDA #Plantings #Stocks – 30/03/2018 11.25am GMT

Mid Session Comment – #Wheat #Corn #Soybeans #OATT #GASC – 29/03/2018 1.25pm GMT

Another soft day yesterday, risk off before the report. Still. Soybeans closed down -1.50 cent, Corn -0.50 cent, Wheat -3.50 cents in Chicago, -3.00 cents in Kansas and -3.75 cents in Minneapolis. On the other side of the Pond, MATIF Wheat was down a couple of ticks while London Feed, helped by lower British Pound … Continue reading Mid Session Comment – #Wheat #Corn #Soybeans #OATT #GASC – 29/03/2018 1.25pm GMT

Morning Comment – #Wheat #Corn #Soybeans #OATT – 28/03/2018 10.30am GMT

Still waiting the quarterly report quite nervously and the only thing to do is risk-off, wait and see. So unsurprisingly, market ended softer with funds taking profits: they sold 1,000 lots of Corn, 3,500 lots of Soybeans and 3,000 lots of Wheat. As it was the CFTC COT cut-off, market will expect to see funds … Continue reading Morning Comment – #Wheat #Corn #Soybeans #OATT – 28/03/2018 10.30am GMT

Morning Comment – #Wheat #Corn #Soybeans #OATT – 27/03/2018 8.50am GMT

After a strong start of the week, market closed collectively down in a very typical double sided session. Soybeans ended down -2.75 cents, Corn -3.25 cents, and Wheat -6.00 cents in Chicago, -11 cents in Kansas and -5.50 cents in Minneapolis.   Firstly, wheat conditions are slightly improving, at least they are not getting worse, … Continue reading Morning Comment – #Wheat #Corn #Soybeans #OATT – 27/03/2018 8.50am GMT

Mid Session Comment – #Wheat #Corn #Soybeans #OATT @CFTC #COT – 26/03/2018 3.30pm GMT

Friday, Soybeans closed down -1.50 cent, Corn up +1.25 cent and the main movement was on Wheat: +4.50 cents in Chicago, +8.25 cents in Kansas and +9.75 cents in Minneapolis. The Minneapolis premium ended to 142.50 cents to Chicago and 123.50 cents to Kansas. Funds bought 8,000 Corn and 6,000 Wheat and sold 6,000 Soybeans. … Continue reading Mid Session Comment – #Wheat #Corn #Soybeans #OATT @CFTC #COT – 26/03/2018 3.30pm GMT