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June 2013 Archive for Grain Hedge

RSS By: Brock Schimbeno, AgWeb.com

Grain Hedge is a self-directed discount brokerage that saves farmers money when trading in the futures and options market. For $7 commissions per side producers can execute their marketing strategy with authority, any time the markets trade.

USDA Acreage Report Hammers New Crop Corn Futures

Jun 28, 2013

New crop corn futures closed 27 1/2 cents lower following today's planted acreage report. Planted acreage came in 2 million acres above what the trade was expecting, and 500,000 acres higher than the highest analyst guess. Technical support stopped further losses at $5.11, but funamentally this market is going to have a hard time making ground next week. Tune in for a full analysis of the numbers.

2013/14 Planted Acreage (million acres)
 
Expected
Reported
Corn 95.31
97.40
Soybeans 77.93
77.73
Wheat
55.90
56.53

 

 

grain hedge topper

THERE IS A SIGNIFICANT RISK OF LOSS IN TRADING FUTURES AND OPTIONS.
FUTURES TRADING IS NOT APPROPRIATE FOR ALL INVESTORS.
PLEASE READ OUR RISK DISCLOSURE.

Planted Acreage Number Shocks Corn Market

Jun 28, 2013

USDA Report Numbers


Planted Acreage
 
Expected
Reported
Corn 95.31
97.40
Soybeans 77.93
77.73
Wheat
55.90
56.53

 

New crop corn futures are down 22 cents following today's planted acreage report. Planted acreage came in 2 million acres above what the trade was expecting, and 500,000 acres higher than the highest analyst guess. Technical support at 512 has supported the DEC corn contract in the first 15 minutes following the report. A close below 512 would certainly open the door to further losses.

 

 

June 1st Quarterly Stocks
 
Expected
Reported
Corn 2,845
2,765
Soybeans 442 435
Wheat
745 718

 

 

June 1st grain stocks came in short of analysts expectations across the board for corn, soybeans and wheat. At the moment the July soybean contract is the only one trading in positive territory. With projected stocks to use of just 4% for soybeans, the trade is very nervous about old crop soybean availability over the last quarter of the marketing year.

For a full breakdown of the numbers and what this may mean for prices tune into today's GrainTV, available every afternoon on the Grain Hedge homepage.

grain hedge topper

THERE IS A SIGNIFICANT RISK OF LOSS IN TRADING FUTURES AND OPTIONS.
FUTURES TRADING IS NOT APPROPRIATE FOR ALL INVESTORS.
PLEASE READ OUR RISK DISCLOSURE.

June 28th USDA Report Expectations

Jun 27, 2013

Old crop contracts continued to move higher for corn and soybeans as tight cash supplies add support and traders roll to September futures. Logan and Cody review analysts' estimates for the upcoming USDA reports on Friday and discuss today's export sales. Tune in for the full details!

grain hedge topper

THERE IS A SIGNIFICANT RISK OF LOSS IN TRADING FUTURES AND OPTIONS.
FUTURES TRADING IS NOT APPROPRIATE FOR ALL INVESTORS.
PLEASE READ OUR RISK DISCLOSURE.

Old Crop Continues to Move Higher Ahead of Stocks Report

Jun 26, 2013

Old crop contracts continued to move higher for corn and soybeans as tight cash supplies add support. Logan and Brock review analysts' estimates for the upcoming USDA reports on Friday. Ethanol production equaled a marketing year high as reported by the EIA today. Export sales expectations round out the show. Tune in for the full details!

grain hedge topper

THERE IS A SIGNIFICANT RISK OF LOSS IN TRADING FUTURES AND OPTIONS.
FUTURES TRADING IS NOT APPROPRIATE FOR ALL INVESTORS.
PLEASE READ OUR RISK DISCLOSURE.

Lower Expected Corn Acres, Higher Soybean -- What Will the USDA Show?

Jun 25, 2013

Grains closed mixed on Tuesday in a choppy two-sided session. Analysts' expectations are looking for about a 2 million acre reduction to corn planted acreage, while soybean acreage looks to increase by about 800,000 acres. Southern Minnesota and northern Iowa have suffered from extremely wet conditions slowing crop development. Updated greenness maps are examined. Tune in for the full details!

grain hedge topper

THERE IS A SIGNIFICANT RISK OF LOSS IN TRADING FUTURES AND OPTIONS.
FUTURES TRADING IS NOT APPROPRIATE FOR ALL INVESTORS.
PLEASE READ OUR RISK DISCLOSURE.

Mixed Trade as Old Crop Beans Soar

Jun 24, 2013

Grains closed mixed to start the week. Ideal growing conditions pressured corn contracts lower as did good early harvest results for wheat. Old crop soybeans found technical support and finished sharply higher. Export inspections supported the oil seed. Tune in for the full details!

grain hedge topper

THERE IS A SIGNIFICANT RISK OF LOSS IN TRADING FUTURES AND OPTIONS.
FUTURES TRADING IS NOT APPROPRIATE FOR ALL INVESTORS.
PLEASE READ OUR RISK DISCLOSURE.

Stronger Dollar Pressures Grains - All Eyes on June 28th

Jun 21, 2013

Grains closed lower across the board as a sharply stronger dollar index has pressured commodity prices. Brock and Logan discuss expectations for next Friday's big report and new numbers released from Planalytics. Tune in for the full details!

grain hedge topper

THERE IS A SIGNIFICANT RISK OF LOSS IN TRADING FUTURES AND OPTIONS.
FUTURES TRADING IS NOT APPROPRIATE FOR ALL INVESTORS.
PLEASE READ OUR RISK DISCLOSURE.

Corn Closes The Gap as Cash Markets Remain Strong

Jun 18, 2013

Old crop corn closed the gap left from the March 28th quarterly grain stocks report. Next big mover for this market will be the stocks report on June 28th. New crop futures picked up some good ground today as well, tune in to GrainTV to see what was driving things.

grain hedge topper

THERE IS A SIGNIFICANT RISK OF LOSS IN TRADING FUTURES AND OPTIONS.
FUTURES TRADING IS NOT APPROPRIATE FOR ALL INVESTORS.
PLEASE READ OUR RISK DISCLOSURE.

Cash Market / NOPA Crush Numbers Lift Old Crop Futures

Jun 17, 2013

This afternoon's crop progress report showed good progress on soybean planting pace and no surprises for corn. NOPA Crush numbers helped rally old crop soybeans 22 cents off their lows. Chinese interest in PNW Corn and cash market strength supported corn. Visit us at GrainHedge.com to get live quotes at your home or office today!

grain hedge topper

THERE IS A SIGNIFICANT RISK OF LOSS IN TRADING FUTURES AND OPTIONS.
FUTURES TRADING IS NOT APPROPRIATE FOR ALL INVESTORS.
PLEASE READ OUR RISK DISCLOSURE.

PNW Basis Rallies Pushing Old Crop Corn Higher

Jun 14, 2013

Old crop found some strength heading into the weekend for corn and soybeans. New crop continued to sell, however. Wheat in Chicago and Kansas City both ended the week lower. News from the Rosario Exchange was cause for some interesting trade at the end of the session. Basis changes for the week are examined. Tune in for the full report. Want to use the trading platform you see on GrainTV in your home or office? Visit us at GrainHedge.com to take your no-obligation trial today!

grain hedge topper

THERE IS A SIGNIFICANT RISK OF LOSS IN TRADING FUTURES AND OPTIONS.
FUTURES TRADING IS NOT APPROPRIATE FOR ALL INVESTORS.
PLEASE READ OUR RISK DISCLOSURE.

Corn and Soybeans Move Lower, Will Support Hold?

Jun 13, 2013

Corn and soybeans continued to sell off today. Wheat managed to find a little strength as a sharply weaker dollar index and fund activity aided the rally. Export sales came mostly within expectations except for corn which missed on the low end. Some key technical milestones are discussed. Want to use the trading platform you see on GrainTV in your home or office? Visit us at GrainHedge.com to take your no-obligation trial today!

grain hedge topper

THERE IS A SIGNIFICANT RISK OF LOSS IN TRADING FUTURES AND OPTIONS.
FUTURES TRADING IS NOT APPROPRIATE FOR ALL INVESTORS.
PLEASE READ OUR RISK DISCLOSURE.

Grains Sell Off After USDA/WASDE Reports

Jun 12, 2013

The grain markets headed lower following the monthly USDA/WASDE report that was released this morning. Larger than anticipated ending stocks for '12/'13 and '13/'14 were reported for corn. While on the other hand, ending stocks for soybeans were left unchanged for both years. Some demand revisions were made to the balance sheets. Tune in for the full breakdown by GrainTV's analysts Cody and Logan. Want to use the trading platform you see on GrainTV in your home or office? Visit us at GrainHedge.com to take your no-obligation trial today!

grain hedge topper

THERE IS A SIGNIFICANT RISK OF LOSS IN TRADING FUTURES AND OPTIONS.
FUTURES TRADING IS NOT APPROPRIATE FOR ALL INVESTORS.
PLEASE READ OUR RISK DISCLOSURE.

June WASDE Numbers

Jun 12, 2013

USDA Report Numbers

Old crop soybeans are the only grains trading higher at the moment. New crop corn is off 12 3/4 while new crop soybeans are trading lower 6 3/4. For corn and soybeans, today's big numbers are included below:

  • 13/14 corn acres left unchanged at 97.3 million
  • 13/14 corn yield lowered 1.5 BPA to 156.5 average
  • 13/14 corn ending stocks higher than expected at 1,949 million bushels
  • 13/14 soybean balance sheet left unchanged from May report

 

  • 12/13 corn ending stocks lowered by 10 million bushels to 759 million bushels
  • 12/13 soybean ending stocks left unchanged at 125 million bushels, slightly lower than expected

 

For a full breakdown of the numbers and what this may mean for prices tune into today's GrainTV, available every afternoon on the Grain Hedge homepage.

grain hedge topper

THERE IS A SIGNIFICANT RISK OF LOSS IN TRADING FUTURES AND OPTIONS.
FUTURES TRADING IS NOT APPROPRIATE FOR ALL INVESTORS.
PLEASE READ OUR RISK DISCLOSURE.

Grains Rally Ahead of Reports, What's In Store for Tomorrow?

Jun 11, 2013

Corn, soybeans, and wheat all rallied ahead of the USDA/WASDE reports that are to be released at 11 AM CT tomorrow. A sharply lower dollar index and firm cash basis propelled old crop soybeans to its highest close since last September. The average of the analysts' guesses are presented for tomorrow's reports. Want to use the trading platform you see on GrainTV in your home or office? Visit us at GrainHedge.com to take your no-obligation trial today!

grain hedge topper

THERE IS A SIGNIFICANT RISK OF LOSS IN TRADING FUTURES AND OPTIONS.
FUTURES TRADING IS NOT APPROPRIATE FOR ALL INVESTORS.
PLEASE READ OUR RISK DISCLOSURE.

No Surprises In Today's Crop Progress

Jun 10, 2013

The grains ending today's trade negative across the board. Position evening and profit taking could drive the market ahead of Wednesday's reports. There was not any surprises in today's crop progress and export inspections reports. Tomorrow, GrainTV's analysts will provide some expectations for the reports Wednesday. Want to use the trading platform you see on GrainTV in your home or office? Visit us at GrainHedge.com to take your no-obligation trial today!

grain hedge topper

THERE IS A SIGNIFICANT RISK OF LOSS IN TRADING FUTURES AND OPTIONS.
FUTURES TRADING IS NOT APPROPRIATE FOR ALL INVESTORS.
PLEASE READ OUR RISK DISCLOSURE.

Positive End to the Week, Will It Continue Ahead of Wednesday's Reports?

Jun 07, 2013

The grain markets ended on a positive note ahead of the weekend. Planalytics yield forecasts were released a couple of days ahead of the USDA reports next Wednesday. Cash basis levels are discussed. Want to use the trading platform you see on GrainTV in your home or office? Visit us at GrainHedge.com to take your no-obligation trial today!

grain hedge topper

THERE IS A SIGNIFICANT RISK OF LOSS IN TRADING FUTURES AND OPTIONS.
FUTURES TRADING IS NOT APPROPRIATE FOR ALL INVESTORS.
PLEASE READ OUR RISK DISCLOSURE.

Spreads Have Been Volatile, Will This Continue Throughout the Month?

Jun 06, 2013

Export sales did little to drive the grain markets today, as no surprises were reported. The USDA reported slow old crop sales and decent new crop sales. The futures martket has seen spreads become volatile recently. Logan offers an explanation. Want to use the trading platform you see on GrainTV in your home or office? Visit us at GrainHedge.com to take your no-obligation trial today!

grain hedge topper

THERE IS A SIGNIFICANT RISK OF LOSS IN TRADING FUTURES AND OPTIONS.
FUTURES TRADING IS NOT APPROPRIATE FOR ALL INVESTORS.
PLEASE READ OUR RISK DISCLOSURE.

Bull Spreading Continues as Tight Stocks are a Concern

Jun 05, 2013

Bull spreading was the driving force in today's trade. Old crop stocks remain tight and new crop continues to sell off. Ethanol production hit a marketing year high keeping support under the corn market. Tomorrow the export sales report is released with little expected for old crop sales. Want to use the trading platform you see on GrainTV in your home or office? Visit us at GrainHedge.com to take your no-obligation trial today!

grain hedge topper

THERE IS A SIGNIFICANT RISK OF LOSS IN TRADING FUTURES AND OPTIONS.
FUTURES TRADING IS NOT APPROPRIATE FOR ALL INVESTORS.
PLEASE READ OUR RISK DISCLOSURE.

Wet Weather Continues, Will Soybeans Hold the Weather Premium?

Jun 04, 2013

A mixed trade in Chicago today as traders and producers struggle to finish planting the crop. Precipitation is anticipated for much of the Corn Belt for the next couple of weeks. Technical analysis is offered for the November soybean contract. Flooding on the river ways is driving cash basis levels lower. Want to use the trading platform you see on GrainTV in your home or office? Visit us at GrainHedge.com to take your no-obligation trial today!

grain hedge topper

THERE IS A SIGNIFICANT RISK OF LOSS IN TRADING FUTURES AND OPTIONS.
FUTURES TRADING IS NOT APPROPRIATE FOR ALL INVESTORS.
PLEASE READ OUR RISK DISCLOSURE.

Corn, Soybean Plantings Meet Expectations; Corn Conditions Low

Jun 03, 2013

A mixed trade in Chicago today as traders and producers struggled between wet planting conditions and the upcoming crop progress report. Corn is now 91% complete and soybeans are 57% complete. Export inspections were mostly in-line with expectations. Want to use the trading platform you see on GrainTV in your home or office? Visit us at GrainHedge.com to take your no-obligation trial today!

grain hedge topper

THERE IS A SIGNIFICANT RISK OF LOSS IN TRADING FUTURES AND OPTIONS.
FUTURES TRADING IS NOT APPROPRIATE FOR ALL INVESTORS.
PLEASE READ OUR RISK DISCLOSURE.

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