Tuesday, January 19, 2016


El Nino & La Nina vs. Nearby Futures

Tuesday, January 19, 2016

Juan and the Miami Krew had Lacey put these together – we have done yield/production on these but the futures work is pretty good, the wheat ones show the higher production/carryout scenario for El Nino but clear moves for La Nina, corn and beans also have some interesting patterns – comes back to... Learn More →


U.S. Planted Acreage (mln acres)

Tuesday, January 19, 2016

Corn 88.9 mln, -57k vs Dec, +870k vs 2015 Soybeans 85.2 mln, +693k vs Dec, +2.6 mln vs 2015 All Wheat 51.1 mln, -2.9 mln vs Dec, -3.5 mln vs 2015 Learn More →


Morning Dairy Comments, 01/19/2016

Tuesday, January 19, 2016

General Market News · OPEC calls for oil market to rebalance in 2016 http://goo.gl/uXEJHN · China PBOC to inject $91 billion into financial market to meet liquidity demands · Open Country Dairy, NZ’s 2nd largest dairy processor, cuts milk payout below Fonterra’s forecast http://goo.gl/GIaoPP ·... Learn More →


Perspective: Morning Commentary, 01/19/2016

Tuesday, January 19, 2016

January 19 – Crude oil continued to slide on the global market this week, with traders worried both about a slumping global economy led by China, as well as by increased production from Iran, now that the sanctions have been lifted. The lifting of sanctions received a lot of play in the... Learn More →


Morning Livestock Report, 01/19/2016

Tuesday, January 19, 2016

Despite a steady to higher cash cattle trade Thursday morning, the cattle markets fared about as poorly as possible on Thursday afternoon and Friday, settling with general $4-5 weekly losses in the fats and as much as $7 lower in the feeders. The action issued us a quick reminder that cattle are... Learn More →


Morning Grain Comments, 01/19/2016

Tuesday, January 19, 2016

Corn gapped higher and maintained its strength through the overnight session, both uncommon developments in the current market; “daily trade estimates” have vastly underestimated the extent of the managed money funds’ net short position in corn for four straight weekly reports... South Korea’s... Learn More →


Wheat Report, 01/19/2016

Tuesday, January 19, 2016

Cold temperatures and lack of snow cover across some SRW areas has led to mild winterkill over the weekend, giving CBOT wheat a positive start to the week. Daily fund position estimates were inaccurate again last week through 1/12, as the CME wheat net short was 10k contracts smaller than estimates... Learn More →