WHEAT – Up 6 to 8 cents per bushel. Support from commercial buying and as dry weather in the U.S. Plains hard red winter wheat region leading to concern about stress on the newly seeded crop leading to a potential reduction in 2011 U.S. wheat production. * Western winter wheat areas of the U.S. Plains… read more
Tag Archives: Futures Broker
Grain Calls and News / Futures Broker
WHEAT – Up 6 to 8 cents per bushel. Technical bounce after the steep slide on Friday that was triggered by talk China would raise interest rates over the weekend. Dry weather stress on portions of the U.S. winter wheat crop and weather concerns in Australia also supportive. * Dry weather in the U.S. Plains… read more
Opening Grain Calls and News / Futures Broker
WHEAT – Down 10 to 15 cents per bushel. Pressure from talk China may raise interest rates this weekend to cool inflation, which was viewed as bearish for commodities. Showers in the U.S. Plains also weigh. CORN – Down 10 to 12 cents per bushel. Falls amid prospects for China to raise interest rates in… read more
Swing Trading Strategies – “Action-Reaction” Market Timing Intelligence at work in Coffee and Gold. [chart]
Swing Trading with Market Timing Intelligence Swing trading has emerged as the fastest growing trading strategy in the industry today. Long preferred by professional traders, swing trading is being discovered by a whole new generation of serious traders and investors. Everyone knows the old adage “follow the trend.” Traditional swing trading strategies were developed to… read more
Grain Supply Report / Futures Broker
CHICAGO (Dow Jones)–The U.S. on Tuesday unexpectedly cut its soybean harvest estimate and slashed its supply forecast, setting the stage for gains in soybean futures. Soybean production was pegged at 3.375 billion bushels, down 1% from the government’s October estimate, according to the U.S. Department of Agriculture. Analysts surveyed by Dow Jones, on average, had… read more
Cotton News /Futures Broker
NEW YORK, Nov 9 (Reuters) – The monthly supply report from the U.S. Agriculture Department was seen by analysts on Tuesday as bullish for the cotton futures market. They said the market will get a further boost after the USDA cut the 2010/11 production forecast in top consumer China to 30 million (480-lb) bales, from… read more
Opening Grain Calls and News – Futures Broker
WHEAT – Down 2 to 3 cents per bushel. Firm dollar weighs, as does position-squaring ahead of the release early on Tuesday of the USDA’s November crop production and supply/demand reports. * USDA seen raising U.S. wheat stocks by 2 million bushels. * Dry weather is stressing development of the hard red winter wheat crop… read more
Pre Crop Report News -Futures Broker
Buyers and sellers of U.S. cash grain were moving cautiously to start the trading week, ahead of an important government crop report slated for release on Tuesday. “The primary objective of today’s session will be positioning for tomorrow’s monthly [USDA] supply and demand report,” said Iowa commodity trade advisor Karl Setzer. “Most analysts are expecting… read more
Five market Changers to watch 11/8 – 11/12
Five Market Changers to Watch This Week ________________________________________ • Trade figures: What’s to become of the U.S. dollar? It may be oversold, as some experts note, but the Fed’s big easing decision last week promises more pressure as a global currency war looms. International trade figures out this week (Wednesday 8:30 a.m.) are backward-looking, but expect… read more
Grains Opening Calls and News /Futures Broker
WHEAT – Up 10 to 15 cents per bushel. Boosted by falling dollar after U.S. Fed decided to buy bonds in a risky move to boost the struggling U.S. economy. Dry weather in the U.S. Plains HRW wheat region also supportive. * Showers in the U.S. Delta will buoy winter wheat prospects but more rain… read more