February 2016


Morning Wheat Report, 02/29/2016

Monday, February 29, 2016

The market is off to a higher start, as February comes to a close. New contract lows in Paris wheat on Friday, shut off the strength for Chicago and KC contracts to end last week. Weather is drawing quite a bit of trader focus recently, as temperatures are above normal and lack of precipitation is... Learn More →


Morning Dairy Comments, 02/29/2016

Monday, February 29, 2016

General Market News · Arab states face $94 billion debt crunch on oil slump- HSBC says · Asia stocks fall with EU, US futures after G-20 Meeting · China Central Bank cuts reserve requirement ratio by 0.5% http://goo.gl/0I5goA · U.S. stock futures lower on concerns over rate hike, slow growth... Learn More →


Morning Dairy Comments, 02/26/2016

Friday, February 26, 2016

General Market News US Q4 revised GDP up 1% vs. 0.4% growth expected G20 meeting in Shanghai to begin to discuss response to darkening global economic landscape Venezuela’s oil minister said would meet with top global oil producers to discuss efforts to stabilize oil market China’s central bank... Learn More →


Soybean Report, 02/26/2016

Friday, February 26, 2016

The lower sentiment continues today. While both sides should see action, the overall feeling is negative. OI took a hit yesterday again, this time it appears liquidation. Good vol. day across the complex. Products are pretty evenly balanced in OI. Long oil positions are still the best bullish bet... Learn More →


Morning Grain Comments, 02/26/2016

Friday, February 26, 2016

The grains were pretty steady through the overnight session and following the USDA Ag Forum full balance tables release this morning. Highlights: half a milling acres switched from corn to soy compared to their initial baseline/outlook figures, with the lowest wheat area since 1970. Solid (not... Learn More →


Morning Dairy Comments, 02/25/2016

Thursday, February 25, 2016

General Market News · NYC restaurants can now be fined for not posting salt warnings · Unilever names Bayer CEO Dekkers to succeed Treschow as Chairman · Feds investigate Idaho organic alfalfa seed farmer http://goo.gl/FPqXLZ · Trump starts talking about running mates after Nevada win. · IMF calls... Learn More →


Morning Grain Comments, 02/25/2015

Thursday, February 25, 2016

Chicago wheat has been clawing back since yesterday morning’s fresh contract and multi-year spot lows, but it’s corn and beans that will garner the bulk of the trade’s attention today as Ag Forum numbers start to trickle out, not to mention regular export sales numbers and a fresh South African... Learn More →


Wheat Report, 02/25/2016

Thursday, February 25, 2016

Funds stuck it to buyers again on Wednesday, with the daily estimates showing another 6k contracts added to the Chicago short position. The funds keep adding to the record short and that has pushed CBOT wheat to new contract lows the last two sessions. Weekly export sales exceeded expectations with... Learn More →


Wheat Report, 02/24/2016

Wednesday, February 24, 2016

Chicago wheat is the leader lower, with global stocks remaining large and demand staying slow for U.S. wheat. Funds have added 20k contracts to the net short position over the last 4 sessions, due to abundant supplies and slow movement. Some Russian farmers may switch acres from spring wheat to... Learn More →


Morning Dairy Comments, 02/24/2016

Wednesday, February 24, 2016

General Market News Trump sweeps to victory in Nevada Australia Approves Sale of Country’s Largest Dairy to Chinese Buyer http://goo.gl/Esx7eO McDonald’s Testing Chobani Yogurt in Parfaits, Smoothies http://goo.gl/qwG33d Crude oil drops nearly 4%, battered by the no-production-cut blues... Learn More →