Sorry, you need to enable JavaScript to visit this website.

Weekend Ag Update (Grains & Livestock 10.21.18)

Published on: 13:07PM Oct 21, 2018

Corn

 

Last Week’s Close:  December corn futures finished Friday’s session down 4 ½ cents, extending losses for the week to 7 ¾ cents.  For the week, futures traded in a 12 ½ cent range.  Friday’s Commitment of Traders report showed funds bought back 60,657 futures through October 16th, putting them in net long territory by 21,258 contracts.

 

Quick Take: Click this link to get our full commentary.

 

 

Soybeans

 

Last Week’s Close:  November soybean futures finished Friday’s session down 7 ¼ cents, extending losses for the week to 11 ¼ cents.  For the week, futures traded in a 35 ¾ cent range.  Friday’s Commitment of Traders report showed funds bought back 8,579 futures through October 16th, shrinking their net short position to 31,112 contracts. 

 

Quick TakeClick this link to get our full commentary.

 

 

Wheat

 

Last Week’s Close:  December wheat futures finished Friday’s session up ¾ of a cent, trimming losses for the week to 4 cents.  For the week, Futures traded in a 16 ¼ cent range.  Friday’s Commitment of Traders report showed funds bought 1,846 futures through October 16th, shrinking their net short position to 16,252 contracts.

 

Quick Take: Click this link to get our full commentary.

 

 

Live Cattle

 

Last Week’s Close:  December live cattle finished Friday’s session down .30, trimming gains for the week to .575.  For the week, futures traded in a range of 1.975.  Friday’s Commitment of Traders report showed funds sold 757 futures through October 16th, trimming their net long position to 77,695 contracts.

 

Quick TakeClick this link to get our full commentary.

 

 

Feeder Cattle

 

Last Week’s Close:  November feeder cattle finished Friday’s session down .15, extending losses for the week to .225.  For the week, futures traded in a range of 2.80.  Friday’s Commitment of Traders report showed funds sold 3,283 futures through October 16th, trimming their net long position to 2,115 contracts. 

 

Quick Take: Click this link to get our full commentary.

 

 

Lean Hogs

 

Last Week’s Close:  December lean hogs finished Friday’s session down .675, extending losses for the week to 3.30.  For the week, futures traded in a range of 6.825.  Friday’s Commitment of Traders report showed funds sold 2,987 futures through October 16th, trimming their net long position to 33,679 contracts. 

 

Quick TakeClick this link to get our full commentary.

 

 

-If you have questions about our services or would like to discuss the markets in more depth, please feel free to email Oliver@BlueLineFutures.com, or call/text   

312-837-3938.

 

 

Sign up for a FREE trial of 1 or all 4 of our daily commodity reports!

 

 

 

Futures trading involves substantial risk of loss and may not be suitable for all investors. Trading advice is based on information taken from trade and statistical services and other sources Blue Line Futures, LLC believes are reliable. We do not guarantee that such information is accurate or complete and it should not be relied upon as such. Trading advice reflects our good faith judgment at a specific time and is subject to change without notice. There is no guarantee that the advice we give will result in profitable trades. All trading decisions will be made by the account holder. Past performance is not necessarily indicative of future results.