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Tech Guy Comments 2/5/24
March Crude Oil marked the low about 60 cents below 72.00 support, then rallied to north of 73.00 support - 72.40 71.30 resistance -...
Tech Guy
Feb 5, 20241 min read
Tidbits, Cocoa Market & Production, Market Commentary - “Free” Storage 2/5/24
Tidbits USDA will release its monthly S&D on Thursday, February 8th at 11 AM Central Time. There will be no US production changes, just...
Wright team
Feb 5, 20244 min read
Market Commentary for 2/5/23
Jon Scheve with weekly market commentary made on February 2, 2024 Preventing The Use Of “FREE” Storage Once again “free” storage is being...
Jon Scheve
Feb 5, 20244 min read
Tech Guy Opening Calls 2/4/24
March Wheat - 2 Higher March Corn - 0.25 Higher March Soymeal - Steady March Beans - Steady/Mixed, 2 Lower to 2 Higher Crude price -...
Tech Guy
Feb 4, 20241 min read
Tech Guy Weekend Comments 2/4/24
March Crude Oil closed 19 cents below lower support at 72.60 after selling off about 2.50. support - 72.00 70.60 resistance - 74.50 77.00...
Tech Guy
Feb 4, 20241 min read
Weekly Basis 2/4/24
It's our weekly US grain market prices analysis and outlook for corn, soybeans and wheat. The Dow Jones Industrial Average (DJIA)...
Wright team
Feb 4, 20244 min read
Tidbits, Q&A: Side Markets, Rain Days Update 2/4/24
Tidbits Two Ukrainian attack drones struck the largest oil refinery in southern Russia yesterday. Local authorities in Russia said that a...
Wright team
Feb 4, 20244 min read
World Grain FOB prices and Freight Rates 2/4/24
World Free-On-Board Grain & Oilseed Prices for February 3, 2024
Wright team
Feb 4, 20241 min read
Tidbits, Cocoa, Q&A: Funds' Shorts, Markets & Rain Days Update 2/3/24
Highlights Late yesterday US time, the US launched airstrikes against Iran-backed militias in Syria and Iraq as the Mideast war continues...
Wright team
Feb 3, 20244 min read
Tidbits, Export Sales, EU Protests, Markets & Rain Days Update 2/2/24
Highlights Yesterday morning, the USDA reported the sale of 206,834 mts of old crop soybeans to Mexico. December bean crush was reported...
Wright team
Feb 2, 20243 min read
Tech Guy Opening Calls & Comments 2/1/24
March Wheat - 0.50 Lower March Corn - 0.25 Lower March Soymeal - Steady March Beans - 0.75 Lower March Crude Oil sold off to 30 cents...
Tech Guy
Feb 1, 20241 min read
Tidbits, ENSO, Cattle, Broilers & Ethanol, Markets & Rain Days Update 2/1/24
Highlights Front month corn and beans settled slightly higher yesterday after trading modestly lower most of the day and after a key...
Wright team
Feb 1, 20243 min read
Tech Guy Opening Calls & Comments 1/31/24
March Wheat - 0.50 Higher March Corn - Steady March Soymeal - 0.20 Higher March Beans - Steady to 1 Lower March Crude Oil marked it's...
Tech Guy
Jan 31, 20241 min read
Weekly Summary & Recommendations 1/31/24
Grain market summary of price outlook, seasonal situation, fundamental & technical analysis with our recommendations for corn , soybeans...
Wright team
Jan 31, 20243 min read
Tidbits, Key Reversal, China PMI, Market Negatives, Markets & Rain Days Update 1/31/24
Highlights Yesterday morning, old crop corn and beans did make new lows for 2024, extending the down trend since the spring 21 months...
Wright team
Jan 31, 20244 min read
Tech Guy Opening Calls & Comments 1/30/24
March Wheat - 1.0 Higher March Corn - 0.75 Lower March Soymeal - Steady March Beans - 0.75 Lower March Crude Oil marked it's low 15 cents...
Tech Guy
Jan 30, 20241 min read
Tidbits, Options Money Flow, Export Inspections, Markets & Rain Days Update 1/30/24
Tidbits The Federal Open Market Committee (FOMC) has 12 members: the 7 members of the Board of Governors of the Federal Reserve, the...
Wright team
Jan 30, 20244 min read
Tech Guy Opening Calls & Comments 1/29/24
March Wheat - 0.25 Higher March Corn - 0.25 Lower March Soymeal - 0.10 Higher March Beans - 2.25 Lower March Crude Oil marked it's high...
Tech Guy
Jan 29, 20241 min read
Tidbits, Brazil AG Credit Lines, Shipments, Market Commentary, Markets & Rain Days Update 1/29/24
Highlights Three American soldiers were killed Sunday and 34 were wounded in a drone strike against the U.S. military outpost Tower 22 in...
Wright team
Jan 29, 20244 min read
Market Commentary for 1/29/23
Jon Scheve with weekly market commentary made on January 26, 2024 The corn market might have finally found a temporary bottom, but...
Jon Scheve
Jan 28, 20242 min read
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