Marketeye: Demand Trumps Harvest Pressure
Mike McGinnis with the farm markets for Tuesday, September 27, 2016
Marketeye: Big Funds, Big Sellers
Mike McGinnis farm market report for Monday, September 26, 2016.Mike McGinnis farm market report
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- 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.
Marketeye: Weather Trumps Demand
Mike McGinnis' farm market summary; Wednesday September 21, 2016Mike McGinnis' farm market summary;
Fed Pushes Hopium Instead of Interest Rates
From the CME Group Floor in Chicago, Scott Shellady on Wednesday, September 21, 2016.own feet but what we really of the patent now is the Federal Reserve . The Federal Reserve came out and its host of changing interest rates ever having talked about maybe doing it for I don't know how long now. And that's been the case all year long we star off the year. Nine short months ago with news with the Federal Reserve saying they're gonna look to raise interest rates four times this year while. That's why did not raise them once this year so. Their credibility is now common question. But what does it mean to a cell while. What it means is that we still got very low interest rates here we've got some things that are very very puzzling maybe. So this before but you can't square the circle on a
Marketeye: Soybeans Rally on Harvest Delays
Here's jagr closing farm markets for this Tuesday September 20 and a nice rally for the soybeans. And it carried up corn and wheat as it did so let's take a look at the selling prices we'll talk about how the soybean rally helped. Our Holler rally was funded today so to speak. The corn market todayspeak. The corn market today up three and a quarter for the new crop December futures at 340 and half. March futures up the same at 350 and three quarters. For soybeans the new crop November contract up seventeen and a quarter cents at 989 and three quarters and it finished at about its daily high. January
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
Marketeye: Markets Fall Flat
Mike McGinnis summarizes the farm markets for Wednesday, September 14, 2016.up about the same on the finish at 342 and a half. November soybeans down a penny and a quarter at 942 and three quarters did trade slightly higher today but again. Finished lower as did the January futures at 948. December wheat futures up 20403. March wheat futures up four two and three quarters at 424 and a half. Again most of the activity
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.