by Brian Schad | Jun 19, 2014 | Grain Markets, Wheat Futures
Wheat futures have rallied for two days in a row on the outlook rain in the central Great Plains area of Oklahoma to Kansas may “delay harvesting” and ultimately crop quality to lessen. The United States is the world’s biggest exporter of wheat and wheat...
by Brian Schad | Jun 18, 2014 | Gold Futures, Precious Metals Trading
Gold futures are virtually at a standstill ahead of today’s conclusion of a two-day Federal Open Market Committee meeting which is intended more for monetary and interest-rate policy (than gold itself). Gold futures price swings are said to have slumped to their...
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...
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