July 2016


Morning Dairy Comments, 07/29/2016

Friday, July 29, 2016

General Market News · U.S. economy grows only 1.2% in Q2, below expectations http://goo.gl/UhLatO · Significant price increases at First Milk in Britain http://goo.gl/XYUfiu · Chipotle’s first burger restaurant to open this year in Ohio http://goo.gl/NcDQIb · Lawmakers want USDA to boost domestic... Learn More →


Wheat Report, 07/29/2016

Friday, July 29, 2016

Stronger trading in Paris and Europe wheat contracts was not enough to keep U.S. prices above unchanged on Thursday, with demand for U.S. wheat not big enough to push values higher. The spring wheat tour estimated the yield at 45.7 bpa vs. 49.9 bpa LY and 45.9 bpa 5-YA, with durum yield at 45.4 bpa... Learn More →


Morning Dairy Comments, 07/28/2016

Thursday, July 28, 2016

General Market News · Oil falls on surprise stockpile increase; Crude stocks rose 1.7 million barrels last week; a 1.6 million-barrel decline was expected · China-backed $200m Southland dairy plant plans unveiled http://goo.gl/3wnY4b · Hershey swings to profit as revenue climbs http://goo.gl/y7XZsW... Learn More →


Soybean Report, 07/28/2016

Thursday, July 28, 2016

Today will test the resolve of any new bulls as we are forging ahead on a crop in excellent condition, but again a perceived threat of hot, drier weather in the coming week to 10 days. Meanwhile, exports are out and it dropped values late into negative territory. OC sales were in need of a snorkel... Learn More →


Corn Report, 07/27/2016

Wednesday, July 27, 2016

We saw our 3 trading day of range bound trade as corn only had a 6 cent range after hitting a high of $3.4350 and settling the day at $3.3950. The funds where again an estimated net even as heavy downside pressure remains, but see strong cash push from the gulf as export demand is strong. This... Learn More →


Morning Dairy Comments, 07/27/2016

Wednesday, July 27, 2016

General Market News · U.K. Economic Growth Tops Forecasts in Second Quarter https://goo.gl/2whCk7 · U.S. durable-goods orders sink 4% in June, biggest drop in almost two years · The Fed won’t hike rates despite having its ducks in a row http://goo.gl/230I71 · At Democratic Convention, Economic... Learn More →


Morning Dairy Comments, 07/26/2016

Tuesday, July 26, 2016

General Market News · U.S. Stocks in holding pattern; eyes on the Fed · Oil futures down again this morning after settling at 3-month low yesterday · McDonald’s reports second-quarter 2016 earnings http://goo.gl/F0vlYW · Proposal could bring state’s second-largest dairy to eastern Oregon... Learn More →


Wheat Report, 07/26/2016

Tuesday, July 26, 2016

Buying on concerns over the EU crop led the market higher most of the day, but a reversal in Paris wheat took KC and Chicago lower for a while midday. Paris wheat closed €3.25/tonne lower, as the progressing harvest is showing better TW, but it is coming at the expense of lower protein. Weekly... Learn More →


Soybean Report, 07/25/2016

Monday, July 25, 2016

The forecast has pretty much held true over the weekend with rains and cooler temperatures coming in from the NW across the growing area. Crop conditions will be out this pm and expectations are for a minor drop of 1-2 points overall. Honestly unchanged wouldn’t be a shock. More importantly will be... Learn More →


Morning Dairy Comments, 07/25/2016

Monday, July 25, 2016

General Market News · Democratic convention kicks off today in Philadelphia · Verizon is buying Yahoo for $4.8 billion dollars · The Federal Reserve is scheduled to for two days of meetings Tuesday and Wednesday · California wildfire triples in size under hot, dry conditions · Crude oil falls to... Learn More →