Tag Archives: soybeans

Grain Calls and News -Futures Broker

WHEAT – Down 3 to 5 cents per bushel. End-of-month and end-of-week profit-taking lending pressure in addition to weight from a firm dollar. * Dry weather is a concern in the U.S. Plains winter wheat growing region, especially in western Kansas and Colorado. It appears that a dry pattern has become firmly entrenched in the… read more

Grain Calls and News / Futures Broker

WHEAT – Up 10 to 12 cents per bushel. Boosted by dry weather in key wheat areas of the U.S. Plains, including western Kansas, and in west Australia. Dryness also a concern in portions of the U.S. Midwest soft red winter wheat region. Weak dollar also supportive, as is a rumor that China may have… read more

Grain Opening Calls / Futures Broker

WHEAT – Down 1/2 to 1 cent per bushel. Pressure from a firm dollar, but market underpinned by dry weather in the U.S. winter wheat region that is leading to concern about seedings of the 2011 crop. * Dry weather beginning to cause concern in the winter wheat areas in the U.S. Midwest and also… read more

Grain News and Opening Calls / Futures Broker

WHEAT – Up 3 to 5 cents per bushel Weak dollar, corn strength supportive to wheat futures. Dry weather in key winter wheat-planting areas also viewed as bullish. Traders say market prone to profit taking on rallies. * Rainy weather boosts soil moisture in eastern half of U.S. Midwest, but more storms needed for winter… read more

Grains Opening Calls / Futures Broker

WHEAT – Up 2 to 4 cents per bushel Strength in corn, weaker dollar expected to lead wheat futures higher early. CORN – Up 3 to 5 cents per bushel Prices expected to resume upward trend, after pause on Wednesday, as weak dollar spurs buying from investors seeking hedge against inflation. Commercial buying noted after… read more

Swing Trading Strategies – How looking into the past will help find critical support or resistance in the future.[chart]

Past market action can offer invaluable information about future market reactions. Simply by looking into the past you can identify key support and resistance levels that may have a profound affect the next price movement of the market. Just recently, November Soybeans offered a very good example of past price action affecting the futures price reaction.… read more

Grain Opening Calls and News / Futures Broker

WHEAT – Down 4 to 6 cents per bushel Market considered overbought after Friday’s corn-led rally. Firm dollar also overhanging prices. Traders waiting for results of Egyptian tender to give direction to market. * Dry weather a concern for planting of this year’s winter wheat crop in places like Indiana and western Ohio. CORN –… read more

Futrues news – Grains to open sharply higher on bullish supply and demand report.

   CHICAGO (Dow Jones)–Friday’s U.S. government supply and demand reports for grains and oilseeds were seen as bullish across the board, with smaller production and tighter ending stocks forecast, traders said.   The U.S. Department of Agriculture’s report confirmed that the U.S. corn crop is smaller than earlier projections and surprisingly viewed soy yield potential… read more

Futures news – Corn crop down 4% – stocks at lowest level in 15 years.

  * US corn yields, crop down 4 pct, end stocks 902 mln bu   * Corn 2010/11 end stocks smallest in 15 years   * USDA corn, soy forecasts are lower than trade expected   * Record US soybean crop, corn is third largest    WASHINGTON, Oct 8 (Reuters) – Sharply lower yields across… read more