September 2016


Soybean Report, 09/30/2016

Friday, September 30, 2016

The report will come out at 11 am CDT. Barring a shocking surprise, it will be tough to find enough in it to be bullish this market as we move into bean harvest in earnest across most of the growing region this weekend. What little traction there was to the plus side overnight is eroding prior to... Learn More →


Morning Dairy Comments, 09/30/2016

Friday, September 30, 2016

General Market News · About 10,000 German dairy farms plan to reduce milk production in effort to boost prices https://goo.gl/8wz3AR · January to August milk supply up 8% on last year https://goo.gl/0oB3Ld · Crude oil falls on profit taking and U.S. Dollar rally https://goo.gl/IL4nTR · Eurozone... Learn More →


Soybean Report, 09/29/2016

Thursday, September 29, 2016

Exports are out with beans better than expected coming in almost 400 TMT above the high side estimate. Products though are disappointing. Values look to close better in the night session. That is interesting in that yesterday’s OI action mimicked today’s exports. Beans added OI while products... Learn More →


Morning Dairy Comments, 09/29/2016

Thursday, September 29, 2016

General Market News · OPEC agrees to cut oil production driving prices higher https://goo.gl/ZwouhT · Rabobank says NZ milk price could hit $6 next year https://goo.gl/QByoTA · Fonterra increased the volume of butter (+35%) and AMF (+9%) to be offered during the next GDT auction · Australia’s WCB... Learn More →


Corn Report, 09/23/2016

Friday, September 23, 2016

CZ took a little tumble yesterday as we were unable to close above the resistance level of $3.40 we took a few steps back to $3.3675 with the funds selling off an estimated 6K contracts. It looks as though we will hold our range of the past 2 weeks $3.30-$3.40 as the market continues to tread water... Learn More →


Morning Dairy Comments, 09/23/2016

Friday, September 23, 2016

General Market News · European butter prices reach highest level since 2014 https://goo.gl/TvG90N · Oil struggles to climb as market weighs report of Saudi output-cut talk https://goo.gl/HgTXuW · China’s bond bulls curb their enthusiasm after leverage crackdown https://goo.gl/B6YRjB · Production,... Learn More →


Morning Dairy Comments, 09/22/2016

Thursday, September 22, 2016

General Market News · Stocks and bonds push higher as Fed inspires global rally https://goo.gl/cpFV0l · Fonterra announces $807 million profit https://goo.gl/sepPra · $45 million credit line extended to help unload Hanjin cargo https://goo.gl/UsZGC1 · China removes ban on some U.S. beef imports... Learn More →


Soybean Reports, 09/22/2016

Thursday, September 22, 2016

Ugly day yesterday is not getting much of a reversal move in the night session. Exports are not a huge help either. Weather in the northern areas will be delayed due to some massive quantities, 6-8 inches. Meanwhile, other areas are going full bore. Chinese demand continues strong. World oil prices... Learn More →


Morning Dairy Comments, 09/19/2016

Monday, September 19, 2016

General Market News · September rate hike by Yellen could close confidence gap https://goo.gl/bgC7OQ · Oil rebound hauls up global stocks, commodity currencies https://goo.gl/5ghhKR · EU offers dairy farmers’ “volume reduction” cash https://goo.gl/rt1swF · FrieslandCampina adds to EU scheme for... Learn More →


Soybean Report, 09/19/2016

Monday, September 19, 2016

It has been an evening of higher values. Volume has been decent as well. With a marginally lower US$ the move hinges more on the poor moisture situation in SA than in US struggles to harvest. We should continue to see that front moving ahead with the weather in front of us this week. Slight chances... Learn More →