Soybeans Lose Ground|
descriptionMarket Report for Monday, November 24, 2014.
World Corn Stocks Grow
Mike McGinnis and Luis Vieira discuss the impact of South American corn expansion on U.S. grain exports and prices.He is opening. I eat these and these unity in Miami the United States and he has worked in several years. Who is hood advising. Them why teasing bestsellers in the evenings. In no longer terms most commodities. Ones have the big volume. Three that they had in the last several years. Less outside money coming in flowing into the act commodities sector that's essentially what he's saying which. The cut it will have to wait and see if that is actually true or not it is very interesting. But the the fact is what you're just saying here at least the US or the world corn supplies seem to be building. And more competition becoming an export market from Brazil Luis thanks for your time we appreciate it. Thank
Farmers To Eye Cash Basis Patterns
Agriculture.com Editors Mike McGinnis and Jeff Caldwell chat late-harvest cash grain basis levels and how they could be influenced by an increase in on-farm grain storage this fall and winter.to begin the month of November. We just in the month. And soybean oil up 7% while corn and we were both. Double digits 16%. And 10% for them and so now we're looking ahead. To
Ebola, the Market Bogeyman
@ScottTheCowGuy discusses all the global factors pushing world markets downward, and the effect that is having in the agricultural markets.favored do -- this week because it's been an absolute. Bloodbath on Wall Street delegates that a second let's first get through our prices here in Chicago we had. But the soybeans down about twelve quarters
Why is the Dollar Strengthening?
@ScottTheCowGuy explains how the strengthening dollar is moving the commodities markets.economy's doing better. Then leaves one to believe that we might raise interest rates to slow down any inflation -- any taking off from growing or doing too well too quickly. So the puddles or was there to make sure that we kind of -- even. -- and I even left off with the economy rather something gets too hot to quit because they'll end up burning and dying. So with the rest the world looking at our economy they were doing okay. They think that looks like we could start and would you know. Start raising interest rates would have been which have been basically -- earlier for five or six years and that makes. Other countries and other investors think that they're gonna get a better yield or better return a better interest -- on their capital if it's lodged here in the lives. That's what that means by strengthening dollar of the dollar's getting stronger against other currencies. As they look to be getting weaker and having cut interest rates because there economies are doing -- so they're cutting interest rates because their economies are too well. You're not gonna give his return on capital in most countries are you gonna go look for a country that is doing well the perception is the US is doing well. But then you've got the stock market . The stock market is is this come off part as a late. And that's because. The other side of that coins were maybe not doing as well so keep in mind that there are comment to conflicting stories going on out there out there right now. At the moment and that is what's got investors. Really paralyzed here. So as it comes to farming and marketing. The stronger dollar has been a huge reason why we've come off as of late I guess. There's been a big crop the crowds get bigger we just hear anecdotal evidence of these. Of the yields coming higher -- higher higher. But on top of that just to add insult to injury. Foreign investors have deemed the US a better place for their capital making. The US. Still put that put the brakes on maybe. Raise interest for a little bit which is -- currency stronger which makes us less competitive abroad it -- take more whatever you earned in another country to buy. US products a dollar denominated products in the last. Because of the perception that the US is doing better and folks don't wanna put their money here is driving up the perception of interest rates and that is being. Shown in the strength of the dollar. So as this futures markets come off here and rightly so
Canary in the Coalmine: Commodity Indices
I have Scott Soto did you have investments here on the group for us in Chicago for. My favorite day success of mayors in iGoogle tonight com. And things that you start to get a little bit interesting let's kind of get the details way we have corn up four cents they've. We don't for a quarter andsome point -- I think we can analyze a lot of these we shorts of the people that have shorted the market first. And speculative basis and don't have a lot of money in the account
Don't Buy Into Multi-Year Market Lows
With estimates of record-large crops and the largest corn and soybean ending stocks in nearly a decade, the USDA delivered a blow to the farm markets this week. For farmers, the question now becomes how long will this low-market environment last? Depending upon who you talk to, the answer to thatthe money -- -- poet by two. Out of the money. It's November soybean puts. Be it because it does they're still in the -- being ratio you might have another dollar down soybeans. Well the
Farmers Urged to Wait on Hedge Lifting
Al Kluis, president and managing partner of Kluis Commodities, discusses possible market trends leading up to the bin-busting harvest this fall.think will be surprised next year how much we're exporting. Whether in South America I do look at initial surveys -- that corn acreage likely be down by at least 10% on full season corn. Half the corn produced in Brazil suffering -- corn they plant -- after soybeans. And right now the current price a lot of things cords and -- in the seat -- I anticipate. A pretty good drop in production in Brazil in 2015. I would encourage -- problems you're having over in the Ukraine their corn acreage going to be down because it's very expensive crop to plant. And I think in the US next year we're gonna see people put on less fertilizer. Initial thoughts corn -- down one to three million acres so reduction in acres. In creation of man throwing their weather scare either in South America the US and I'm not wildly bullish picture think somewhere down the long line you can pop those July 15 corn futures
CME Group and 4-H's Risk Ranch
At the CME Group and 4-H Commodity Carnival, future producers can experience real life agricultural risks and how to make strategic decisions. In addition, the Risk Ranch app let's users experience a digital version to bring their steer to market.branch out really came out of the success we had with the market commodity carnival. Physical activity last year. We traveled to about a 120. Staying -- -- in eleven states similar to this year and least about 50004.
Volatility Crushed and Russian Market Watch
@ScottTheCowGuy discusses the CRB index and what could happen to the markets if the Russian and Europe escalating sanctions continue.-- as high as we wanted to see it's so big that we shorts -- -- key allies themselves on the way out yesterday it's those details to cities. Kind of urgency to see what happened