Sep 2, 2014
Home| Tools| Events| Blogs| Discussions| Sign UpLogin


Current Marketing Thoughts

RSS By: Kevin Van Trump, AgWeb.com

Kevin Van Trump has over 20 years of experience in the grain and livestock industry.

"Big Ticket Items" to Effect Grains....

Jan 06, 2014

Grain & Soy traders will be monitoring several "Big Ticket Items" this week. Below are the ones atop the leader board: 

 

  • Weather - Even though the South American weather story has fizzled out, many perma-bulls are still keeping a close eye on dry areas in parts of Argentina and small areas in Brazil. The focus might now shift from southern Brazil, where more ample rainfall has been registered, to areas in northeastern Brazil. There is also some attention being given to parts of the US, particularly the Midwest, where one of the coldest air mass in the past 20-years (since Jan of 1994) moves across....Click here for all my comments.... 
  • Chinese Cancelations of Corn & DDGs - Not only are we talking about the impact it is having on corn and DDG shipments from the US but also the impact it is having on domestic meal demand. Reports circulating that DDGs in parts of Iowa have dropped by more than $60 in the past two weeks. Trade also talking about how 1 million metric tons or more of US DDGs may be headed back to the US via ocean freight as....Click here for my daily comments... 
  • USDA's year end crop report for corn and beans along with wheat seeding numbers will be released this Friday at 11:00am CST. Most in the trade looking for the corn and soybean yields to increase. While the bulls are hoping the supply side gains can...Click here for all my comments...
  • South American Yields at least in early-harvested beans (90-100 day maturities) in Brazil are coming in better than expected (45-50 bpa). The full-season beans in many of the large producing areas will....Click here for my daily report....
  • Fund Rebalancing - Continued talk that the funds will need to rebalance positions here in early-Jan. and by holding a large percentage of the open interest on the short-side there is talk we could see a "short-covering" rally.  Keep in mind however overall open interest in corn....Click here for all my comments...
  • Bird Flu headlines starting to regain some attention in Asia. Officials in Taiwan say authorities are monitoring hundreds of people who may have had contact with a mainland Chinese tourist infected with the H7N9 strain of bird flu. They have confirmed....Click here for all my comments...
  • US Farmer Storage - Updated on-farm storage data comes out next week, but based on quarterly USDA numbers, farms in December stored more.....Click here for my daily report...
  • Egypt making one of their biggest purchases in some time at 535,000 tons ...unfortunately none of the wheat is coming from the US. From what I heard...Click here for my daily report.... 
Log In or Sign Up to comment

COMMENTS

No comments have been posted, be the first one to comment.

Hot Links & Cool Tools

    •  
    •  
    •  
    •  
    •  
    •  

facebook twitter youtube View More>>
 
 
 
 
The Home Page of Agriculture
© 2014 Farm Journal, Inc. All Rights Reserved|Web site design and development by AmericanEagle.com|Site Map|Privacy Policy|Terms & Conditions