Sep 23, 2014
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June 2014 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.

Massive Soybean Acres Shock The Market-What do you do now?

Jun 30, 2014

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Soybeans traded sharply lower as the USDA projected acres at 84.84 million acres. Today we discuss the fundamentals and what producers can do that find themselves under priced in this market. 

Visit us at GrainHedge.com to start your 14 day trial today and get live quotes in the cab of your tractor!

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

Corn Basis Slumps Along Upper Mississippi

Jun 27, 2014

 

Corn basis was unchanged on average this week but we again observed weakness along the upper Mississippi river system. Flooding remains a major problem for barge traffic and as a result grain buyers have been moving spot corn basis lower for the last two weeks. This week saw spot corn basis along the river down 2 cents, with many facilities backing off basis 5-10 cents. Corn has been most impacted by recent flooding, as corn shipments are making up the majority of grain shipments down river. Lock 27, north of St. Louis, reported that corn accounted for 93% of grain shipments down river for the week ending June 21st. With flood waters expected to crest late this week and into the weekend, river basis will have an opportunity to rebound as delays along the river clear up.

 

Soybean basis was off 2 ½ cents on average across the country, with the river system and crush plants showing relative strength. Old crop export sales worked to strengthen basis at the gulf and major river systems, with soy buyers along the river averaging a half cent increase over the last week. Thursday’s export sales report showed a resurgence of demand for old crop U.S. soybeans in response to the slide in prices seen early on in June. Export inspections have remained strong throughout June giving us reason to believe the USDA may have to revise their export sales forecast in the coming WASDE report. 

 

Monday will be an important day for spot basis traders as the USDA releases June 1st quarterly grain stock estimates. Traders expect the USDA to report June 1st stocks at just 378 million bushels. If expectations are realized, that would be the lowest June 1st soybean stock figure since 1977. Convergence of old and new crop cash prices will be a major issue in the coming weeks, as buyers roll from July to August or September futures. At the moment the spread between July and August is 54 cents and the spread between July and September at $1.66 per bushel.  

 

Kansas City wheat basis increased 2 ½ cents this week across the country as harvest picks up in the southern states. This year should be a particularly difficult year for merchandisers in the winter wheat regions as the heat and drought slashed yield into a fraction of what is considered normal production in that region. On the 23rd, Texas reported its winter wheat was 69% harvested, Oklahoma was 74% harvested, Kansas was 24% harvested and Nebraska had not yet begun harvest. We expect futures prices to continue to be pressured by large global wheat stocks, but domestic basis is to increase in compensation for the tight domestic stocks.  

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Want to view the markets live from your cell phone on report day? Visit us at 
GrainHedge.com and start your 14 day trial today!

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

Export Sales Help Beans Surge Higher

Jun 26, 2014

 

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Export sales gave soybeans a bounce in today's trade action. We discuss the numbers and what producers can do given the USDA report on Monday.

Visit us at GrainHedge.com to get live quotes on your mobile phone or tablet in the cab of the tractor!

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

Wheat Basis/Futures Showing Strength

Jun 25, 2014

 

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Wheat basis out of the gulf and futures both moved higher today as production concerns and demand side numbers support the trade. Today we discuss the wheat market and expectations for the June 30th reports. 

Visit us at GrainHedge.com to get live quotes on your mobile phone or tablet in the cab of the tractor!

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

What's Most Vulnerable in the Acreage Report?

Jun 24, 2014

 

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Cody and Logan discuss soybeans and their vulnerability in the acreage report.

Planning on planting this week? Visit us at GrainHedge.com to get live quotes on your mobile phone or tablet in the cab of the tractor!

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

Soybeans Take Wild Ride

Jun 23, 2014

 

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Soybeans traded a huge range today as Chinese economic data fed the bulls and expectations for the June 30th report helped bears. Today we discuss price action in the soybean market and crop progress condition released after the market close. 

Planning on planting this week? Visit us at GrainHedge.com to get live quotes on your mobile phone or tablet in the cab of the tractor!

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

New Crop Futures Find Footing Into the Weekend

Jun 20, 2014

 

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New crop futures found strength into the weekend as flood concerns continue to help prices. Today we discuss if this is a long-term bull story for the grains and what strategies could be used coming into the June 30th report. Soybean basis is also a topic of discussion as soymeal basis was seen weaker across the U.S. this week. 

Planning on planting this week? Visit us at GrainHedge.com to get live quotes on your mobile phone or tablet in the cab of the tractor!

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

Rain Helps New Crop Grain Contracts... Long Term Story?

Jun 19, 2014

 

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Soybean export sales and flooding across much of the grain belt helped futures move higher today. We discuss today's move and pricing strategies for the upcoming crop.

Planning on planting this week? Visit us at GrainHedge.com to get live quotes on your mobile phone or tablet in the cab of the tractor!

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

Strong Grain Demand Today

Jun 18, 2014

 

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Cody and Logan break down the record ethanol production and the large soybean sale reported by FAS. Call Grain Hedge to learn how you can register for the Planalytics El Nino web meeting scheduled for June 26th at 10AM (CT). 

Planning on planting this week? Visit us at GrainHedge.com to get live quotes on your mobile phone or tablet in the cab of the tractor!

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

July/November Spread Continues to Un-Wind

Jun 17, 2014

 

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The old and new crop soybean spread continued to unwind today, losing 18 cents. Unwinding of this spread has continued to pressure the July contract which has seen strong fundamentals in recent trade days. Bears point to weakening Chinese demand and lackluster basis movement for the recent decline. Today Cody and Logan discuss July soybeans in detail and look at the 8-10 day weather outlook. 

Planning on planting this week? Visit us at GrainHedge.com to get live quotes on your mobile phone or tablet in the cab of the tractor!

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

Corn Good/Excellent Ratings Up A Percent

Jun 16, 2014

 

place positions
NOPA crush numbers helped old crop beans out early in the session before selling off into the close. Crop progress numbers showed corn good-to-excellent up 1 percent on the week. 

Planning on planting this week? Visit us at GrainHedge.com to get live quotes on your mobile phone or tablet in the cab of the tractor!

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

Soybeans Find a Bottom, NOPA on Monday

Jun 13, 2014

 

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Soybeans finally stopped the selling pressure coming into the weekend. Today on GrainTV we discuss spot soybean basis and what might be coming down the line for old crop soybeans. 

Planning on planting this week? Visit us at GrainHedge.com to get live quotes on your mobile phone or tablet in the cab of the tractor!

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

Soybean Selling Intensifies

Jun 12, 2014

 

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Cody and Logan discuss the weekly export sales and the reasons behind the sharp soybean sell-off that followed the June WASDE report.

Planning on planting this week? Visit us at GrainHedge.com to get live quotes on your mobile phone or tablet in the cab of the tractor!

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

Markets React Negatively to WASDE Report

Jun 11, 2014

 

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Grains traded lower across the board following today's USDA report. Cody and Logan discuss the numbers and what this means for prices moving forward. Logan also highlights expectations for tomorrow's export sales report. 

Planning on planting this week? Visit us at GrainHedge.com to get live quotes on your mobile phone or tablet in the cab of the tractor!

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

Old Crop Soybeans Find Strength Coming Into USDA Report

Jun 10, 2014

 

place positions

Today we discuss how markets reacted one day before the June USDA report. Old crop soybeans could be the focus of tomorrow's move considering very tight old crop stocks.

Want live quotes on your home computer or mobile phone for report time? Visit us at GrainHedge.com and sign up for a two week trial this evening and have quotes for tomorrow's report. Planning on planting this week? Visit us at GrainHedge.com to get live quotes on your mobile phone or tablet in the cab of the tractor!

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

DDG Announcement Hits Corn Market

Jun 09, 2014

 

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China announced plans to halt imports of US DDG's today, bringing back demand concerns over non-approved GMO strains in China. Crop progress showed good planting pace and a strong start to the growing season across the country. Traders are beginning to prepare for Wednesday's round of USDA reports.

Planning on planting this week? Visit us at GrainHedge.com to get live quotes on your mobile phone or tablet in the cab of the tractor!

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

Corn/Wheat Finally Snap Back

Jun 06, 2014

 

place positions

Corn and wheat surged higher into the weekend on techincal bying. Today we discuss the corn and wheat move plus detail what we are seeing in terms of spot corn and soybean basis as farmers wrap up harvest.

Planning on planting this week? Visit us at GrainHedge.com to get live quotes on your mobile phone or tablet in the cab of the tractor!

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

El Nino Chatter Pressures Grains

Jun 05, 2014

 

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New crop prices came under pressure today following long-term outlooks for a developing El Nino pattern this summer. Export sales were generally supportive for corn and soybeans, but the supply side helped move prices lower into the close. Today Cody and Logan discuss the long-term weather outlook and export sales.

Planning on planting this week? Visit us at GrainHedge.com to get live quotes on your mobile phone or tablet in the cab of the tractor!

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

Will New Crop Corn Bounce?

Jun 04, 2014

 

place positions

Cody and Logan discuss the Ethanol production numbers released on Wednesday. They also discuss the market factors influencing the new crop corn as well as fundamentals in the wheat market that could lead to some price support in the near future.

Planning on planting this week? Visit us at GrainHedge.com to get live quotes on your mobile phone or tablet in the cab of the tractor!

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

Spot Soy Basis Moves Lower as July/August Roll Begins

Jun 03, 2014

 

place positions

Soybeans moved sharply lower today on a combination of domestic and international issues. Most importantly for producers is what we are seeing in spot soybean basis. On today's show Cody and Logan discuss the roll between the July and August soybean futures in detail.

Planning on planting this week? Visit us at GrainHedge.com to get live quotes on your mobile phone or tablet in the cab of the tractor!

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

Corn and Soybeans Off to a Great Start

Jun 02, 2014

 

place positions

Cody and Logan discuss the crop progress report and the weather outlook for this week. 

Planning on planting this week? Visit us at GrainHedge.com to get live quotes on your mobile phone or tablet in the cab of the tractor!

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

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