by Brian Schad | Jun 17, 2014 | Cattle Futures, Livestock Futures
Feeder cattle futures reached record highs yesterday at just over $2.10 per pound. Domestic ground beef prices are said to be up 76% in the past five years following a seven year decline in the US herd has left the fewest cattle since 1951 – USDA data shows....
by Brian Schad | Jun 13, 2014 | Agricultural Futures, Commodity Futures Markets
Once each week, usually on Friday evenings, I update my personal weekly commodity trading charts and review them for changes in “net long” or, “net short” holdings between the big commercial commodity traders, large speculators, and the usually...
by Brian Schad | Jun 12, 2014 | Grain Markets, Wheat Futures
Wheat futures found early support in today’s trading session following yesterday’s plummet following the USDA Crop Production report. The reason for the abrupt halt to the initial wheat futures slide is the fact that there are prospects for declining domestic...
by Brian Schad | Jun 11, 2014 | Corn Futures, Grain Markets
Corn futures are finding their way lower after the USDA Crop Production report released earlier this morning confirmed what analysts were predicting. Corn inventories before 2015’s harvest will be higher than predicted and will surpass the 2013 bumper crop. Corn is...
by Brian Schad | Jun 10, 2014 | Grain Markets, Wheat Futures
Speculators have pushed wheat futures to more than three-month lows on the outlook tomorrow’s USDA Crop Production report will suggest world wheat supply outpacing demand. Wheat futures are currently trading .11c lower than yesterday’s close, current at $6.01 per...
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