Marketeye: Markets Fall Flat
Mike McGinnis summarizes the farm markets for Wednesday, September 14, 2016.
Marketeye: Trade Ignores Demand
Here's check the closing farm prices for Wednesday September 28 we had high demand here this announced on Wednesday but the markets did not respond. Let's take a look at the settlement prices the core market down two and a half cents for December at 329 and a quarter march futures down two andlivestock prices today October feeder cattle up one point eight at 12805. December live cattle up 4510337. December lean hog futures are pointing five at 467. Again those are far prices for this Wednesday September 28 I'm Mike Maginnis for agriculture dot
Marketeye: Demand Trumps Harvest Pressure
Here's a check the closing farm prices for Tuesday September 27 we had a market today it was trading both sides. Of zero for quite awhile and then late in the session staged a rally we'll talk about the rally in what may be underneath that. In just moments all of a prices are as follows new cropunderneath that. In just moments all of a prices are as follows new crop corn. Up two and three quarters at 331 and three quarters you'll see the march futures. Two and three quarters or starting to see tightening the two futures contracts here soybeans for new crop November seven and a quarter at 952 and a half. January at the same at 958 and three quarters. Wheat futures uptoday we had. Some harvest numbers to trade of course the USDA crop progress report showing that the corn and soybean harvest paces. Are behind the averages also. A little bit behind with the traded expected so that provided some support to this market. The O old crop prices again as you mentioned are tightening to a new crop premiums the oh wheat and soybean demand this week. With Morocco clients in the US we of course China continue to buy
Marketeye Yield Reports Weigh on Soybean Prices
Here's a check of the guard pulls him farm prices for this Friday September 23 in a wanna ask you this just the thing about this suffers from moment. What happens we have huge demand huge export sales via the markets don't react to we're gonna talk about the point here in just a little bit. I thinkin the October feeder cattle futures up slightly at 130 to 37. December live cattle down slightly at 10687. And December lean hog futures up fifteen at 4875. Those are your farm prices for the Friday September 23. I'm Mike Maginnis for agriculture dot com.
Marketeye: Markets Rally on Short Covering
Here's a check of the closing farm prices for Friday September 16 and after a number of days of pressure here this week we had a nice rally to end the week. The soybeans up double digits corn up with some nice strength and of course we follow we'll talk about why in just a moment. The asylum pricesabout why in just a moment. The asylum prices lower as follows new crop December corn up 7 march futures up seven as well. The march futures settled at 347. And a quarter. For soybeans the new crop November contract up fifteen and a quarter at 965 and three quarters that was about the day's high. January futures up about the same at 971. December wheat up three and three quarters at 403 and a quarter and the march futures up two and three quarters at 425. So what we had today was a lot of short covering it was a short
Committee of Cannibals
Hi I'm Scott so here in the Subaru floors of Chicago on Wednesday you know it is my favorite papers excels in apartment magazine and agriculture dot com. Again tons of talk while we got a report at the of this month for comment and hall on hold waiting for the to have on Friday. So the volumes havetrying to kind of put a bottom and under the is this oil price well at least there's been leaks of such we have had an official statement yet. But it was good enough for 5%
Marketeye: Big Funds, Big Sellers
Mike McGinnis farm market report for Monday, September 26, 2016.Mike McGinnis farm market report
Marketeye- Soybean Market Barely Hangs On
Just check the closing farm prices for Thursday September 22 we had a slightly higher trading day for soybeans anyway today but still has a lot of negative pressure out there we'll talk about those. Fundamentals and just a moment. Here are the settlement prices that we take a look the corn marketthe livestock prices today. The October feeder cattle down slightly at 13212. December live cattle down 85010750. In late day trading and the December lean hog futures up 65. At 489. Again those your farm prices for Thursday September 22 I'm Mike Maginnis for agriculture dot com.
Not Scott's America
I'm especially here in the Subaru fours in Chicago for success a farmer magazine and agriculture back comments Wednesday in my favorite day in my late day. I would need to digest a lot of wild weather in the battle that I jets. When we start let's start of the markets with our record we means. Itknow it's been very quiet and we had back we had the crop report on Monday. Came off more bear some thought but the problem is we've got a big shorts in the corn market so.
Marketeye: Weather Trumps Demand
Mike McGinnis' farm market summary; Wednesday September 21, 2016Mike McGinnis' farm market summary;