March 2016


Wheat Report, 03/31/2016

Thursday, March 31, 2016

Overnight trade moved quietly around unchanged, after seeing large declines yesterday on news of better precipitation chances are showing up for the 8-14 day period. Weather is the only variable right now for traders to watch, as we begin key stages in the crop cycle. Focus will be on the USDA... Learn More →


Morning Dairy Comments, 03/31/2016

Thursday, March 31, 2016

General Market News · McDonald’s announces plans for growth in Asia looking to add 1,500 restaurants http://goo.gl/AgD3OG · FAS opens up new market opportunities for U.S. dairy cattle in Pakistan http://goo.gl/7qA3uc · Muller UK slashes May milk price due to ‘extreme market volatility’... Learn More →


Morning Grain Comments, 03/31/2016

Thursday, March 31, 2016

Everyone is looking ahead to the USDA publications this morning, to finish out what has been a mostly positive month for the grains, and set the table fundamentally for the transition into a weather market... South Korean millers bought 33k tonnes of U.S. wheat for July-August. Indonesian importers... Learn More →


Wheat Report, 03/30/2016

Wednesday, March 30, 2016

The wheat complex is weaker this morning after another strong session yesterday. The weather continues to present challenges for the US HRW belt. Some chances for moisture are working into the long-term forecast, but we’re dealing with warm temps and high winds. The US Dollar Index is trading near... Learn More →


Morning Grain Comments, 03/30/2016

Wednesday, March 30, 2016

The grain market is at least temporarily stalled out ahead of tomorrow’s key USDA reports, neither of which is expected to be seen as anything besides bearish by the trade as usual. However, a plummeting U.S. dollar is keeping outside market support under the grains this week, thanks to Fed Chair... Learn More →


Morning Dairy Comments, 03/29/2016

Tuesday, March 29, 2016

General Market News · Egypt air plane hijacked, 7 people remain trapped · FBI has unlocked San Bernardino terrorist IPhone · U.S. Capital Center shooter, Larry Dawson, arrested and in stable but critical condition · Janet Yellen to speak in NY today, inflation being the key buzz word to listen... Learn More →


Morning Grain Comments, 03/29/2016

Tuesday, March 29, 2016

Front-month May soybean oil was the volume and price leader in the overnight session, if that gives any idea of its grain market influence right now; wheat has its own weather issues domestically, if not globally... Iraq has issued an international tender for a nominal 50k tonnes of wheat.... Learn More →


Wheat Report, 03/29/2016

Tuesday, March 29, 2016

Wheat is continuing Monday’s rally on dry weather building after this week, but the initial 14 cent surge yesterday lost steam and KC May only closed 5 higher. Funds liquidated 5k contracts of the CBOT short position due to concerns over a cold weather pattern moving through the Midwest this week.... Learn More →


Morning Dairy Report, 03/28/2016

Monday, March 28, 2016

General Market News · American’s anticipated to increase red meat consumption for first time since 2006 http://goo.gl/bmb3du · Deal reached to boost California’s minimum wage to $15 http://goo.gl/ctr86f · China’s industrial company profits return to growth in Jan.-Feb. http://goo.gl/owMeLQ · Fed’s... Learn More →


Morning Corn Report, 03/28/2016

Monday, March 28, 2016

Corn had another tight bound session Friday, trading only 3 cents, but did close at the high of that range at $3.70. Funds bought 6K contracts putting the total short position to 163K contracts short, still a very large number for this time of year. Even though export inspections, 803TMT, were... Learn More →