Author: Ivan

The Hogs and Pigs Report All Hogs and Pigs as of March 1st: 100% vs 100.2 estimates  Kept For Breeding: 100% vs 100.5 estimates  Kept For Marketing: 100% vs 100.2 estimates  The report was as neutral as you could get.

Commodities turn higher on Zelenskiy comments. After a mixed to firm overnight grain session, and a complete reversal of yesterday, at 6:30 a.m. Chicago time, grain futures bolted higher led by wheat on comments from Ukrainian Pres. Zelenskiy that he believed Russia was sending new forces into Ukraine during a speech to the Norwegian parliament….

Spec Trade: Buy 2 may mini-Chicago wheat at the MKT, 1017 last with a 955 stop.

Commodities are sharply lower as truce talks intensify. Grain futures are sharply lower this morning, as around 6:30 a.m. Chicago time, news filtered in that Russia signaled intent to cut military operations around Kyiv and Chernihiv, and the Russian chief negotiator said Moscow would take military de-escalation steps. Peace talks continue into the evening in…

Cattle On Feed 3/25/22 On Feed: 101% vs 100.7% estimatePlaced: 99% vs 98.6% estimateMarketed: 97% vs 97.1% estimate Report came in neutral to pre-report estimates and is neutral for Monday’s resumption trade.

Wheat recovers from overnight follow-through liquidation. Grain futures worked through a two-sided evening session, with the morning hours finding renewed buying in wheat as French milling wheat turned positive during its session in the early morning hours. However, further liquidation was seen overnight, on concerns that wheat and corn are not witnessing a pickup in…

Grain futures stall overnight after mid-week higher press. After a higher start Wednesday evening, by 8 PM, grain futures turned abruptly lower as reports of grain leakage continues and exporters/importers are finding workarounds to the sanctions. Also, several non-sanction Russian banks issued letters of credit for new transactions. As a result, world grain analysts are…

Dec corn makes another new contract high for the 3rd day in a row. After a choppy start overnight, grain futures moved higher with December corn again, making another new contract high. The Ukrainian Ag minister stated overnight that Ukrainian spring corn seeding could be cut in half if the Russian war does not and…

Dec corn makes another new contract high overnight.. Wheat futures are sharply higher, with corn mixed and soybeans higher in what was a volatile session overnight. Soybeans gained as much as $0.30 in the night session before giving up a large chunk of that into the morning, while wheat futures also pressed last week’s highs…

Dec corn makes new contract highs on Ukraine new-crop shortfalls. Grain futures moved sharply higher in the night session. December corn made a new contract high on concerns the Ukrainian corn crop will experience reduced potential with no end in sight for the military confrontation with Russia. Reports of stolen fuel by the Russian military…