Friday, March 11, 2016

Morning Dairy Comments, 03/11/2016

Friday, March 11, 2016

General Market News · Goldman doesn’t buy ECB rate hint and sticks to its euro/dollar parity call · IEA sees first signs of an oil bottom · European stocks leap as banks get an ECB boost · Dow futures rise more than 100 points as oil rallies · This is how the global dairy... Learn More →

Wheat Report, 03/11/2016

Friday, March 11, 2016

Concerns over early warm weather and dry conditions led to a continuation of short-covering on Thursday. Funds have reduced the net short CME wheat position by 14k contract since Monday and another 10k contracts since 3/2. It should be interesting what the CFTC COT report shows this afternoon... Learn More →

Morning Grain Comments, 03/11/2016

Friday, March 11, 2016

Beans were a complex leader overnight with all but the May peaking above $9/bu; export prospects have looked bleak all marketing year but are starting to look up for the last half of the season, with a weaker USD, Chinese demand still strong, and Brazil having their usual loading issues. Feed... Learn More →

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