WASDE Special Report

By: Craig Turner

The USDA will release the August WASDE tomorrow at 7:30 AM CDT. We are expecting cuts in yield and production for Corn and Soybeans. We are also expecting draws on the global wheat supply.

While many analysts are expecting the USDA to cut yields, production and stocks in this WASDE report, prices will not automatically rally. The market has already priced in the expectations of production cuts. Therefore, it is very important to know the market expectations for the report tomorrow. If the cuts are greater than what the market expects, prices should rally. If cuts are less than what the market expects, prices should decline. If the report comes in as expected, the WASDE could be a non-event in the Grain Markets. Continue reading "WASDE Special Report"

Seller's Remorse: The Curse of The Cash Sale

By: Brian Cullen

Let’s talk about a phrase we like to call Seller’s Remorse. You may be asking, “What is it and how does it happen?” We will answer that question in greater depth later on, but it is more important to know how it can be avoided! Seller’s Remorse is the feeling you get after making a decision on a cash sale that you’d like to have taken back.

When only selling cash grain two scenarios exist; you are either selling TOO early or holding TOO long. Let’s look at these 2 scenarios when dealing with ONLY CASH SALES. Continue reading "Seller's Remorse: The Curse of The Cash Sale"

Technically Speaking: Markets You Should Be Watching Right Now

By Brian Cullen

October 2012 / April 2013 LIVE CATTLE spread:

I would like to get short the live cattle market.

With the country immersed in drought conditions, the cattle markets are set in a channel/downtrend that I believe will continue into the fall season. We have already seen it play out in the grain markets with no major relief in the near future. Continue reading "Technically Speaking: Markets You Should Be Watching Right Now"

WASDE Review and Yield Scenarios for Corn & Soybeans

By: Craig Turner

CORN:

The WASDE increased ending stocks to 903 million bushels for 2011-2012 corn, up from 851 previously. The USDA has the July Corn yield at 146.0 and cut demand over 1 billion bushels. It is important to note what the yield is as of July 1 for the USDA. One can make the argument that since July 1 we have lost more bushels and we are probably closer to a 140 yield now. Continue reading "WASDE Review and Yield Scenarios for Corn & Soybeans"

Twelve Essential Steps To a Winning E-mini Strategy!

By: Leslie Burton

Danielstrading.com

In the 80's, the US T-Bond contract was the most liquid market. The bond pit at the CBOT was so crowded that you could not turn around. There was a bit of intrigue with commodities. It was deemed "not a prudent man’s investment vehicle' — it was for the aggressive investor. It was not a climate for "everyman" as the margins were often high and the moves could be severe. "Everyman" needed a liquid market with reduced margins that would allow participation in the stock market in a diverse manner. The E-mini indices allow a trader to participate in a stock weighted average of a portfolio. Continue reading "Twelve Essential Steps To a Winning E-mini Strategy!"