The story for months has been slack demand for Agriculture and increasing global production. Hence wheat currently trading under three year lows and corn trading under 2 year lows. Soybean oil has not escaped the black cloud that has been hanging over this sector either as seen on chart below clearly there has been a […]
Drinking too much coffee can surely cause an upset stomach and having too large of a position and being on the wrong side of the market of late likely could end in the same result. In recent sessions it’s been like the Wild West with a range H/L of over 12 cents in 2 sessions […]
In the last week December wheat futures have trade lower by 30 cents/bushel and are flirting with the $7 mark. As seen in the chart below this level has served as support for the last four months. On every attempt to penetrate this level buyers have defended $7/bushel. Past performance is not indicative of future […]
Living in Miami it’s sometimes hard to avoid the sweet smell of roasted corn. We have the Latin American community to thank for Arepas – a delicious snack made of melted cheese sandwiched between two corn patties, all sizzled to perfection on a street-side griddle. Of course, Miami’s Arepa purveyors don’t worry much about corn […]
The highly anticipated annual planting intentions report is about to be released, and with it, pivotal information regarding some of the hottest commodities traded on the market today. How are the markets going to move as a result of the farmers’ crop trends? How is the current, and more importantly, future U.S. meteorological patterns going […]
