Testimonials

  • I have subscribed to Sue’s email service for a few years. Her insight into what moves the markets is extremely helpful to my farm operation. She has such a global view of information and then puts it together so I can base my marketing decisions off that. It amazes me how many times Sue will make a prediction on a reversal or a market high or low and nails it to the day! That consistency really builds my trust and respect in her.
    Thank You Sue.

    Wayne. Shelby, Iowa

Futures Cash Info Morning Comment for 9-29-14

Futures Cash Info, LLC.

Good morning! Tuesday, the USDA will release their quarterly stocks report and a small grains report will also be released.

Russian courts have reportedly given authority to seize foreign assets in retaliation to US and EU sanctions.

Weather: After a beautiful fall weekend, harvest got underway in areas in Illinois, Indiana, and Missouri along with Kansas. That said, little was getting done in Iowa and Minnesota or Wisconsin. Much of the Corn Belt will receive at least one inch of rain this week. This morning’s 6-10 day weather maps show above normal temps for the western half of the country and below normal in the eastern half. However, precipitation is forecast below normal for much of the Corn Belt. The 11-15 day forecast calls for below normal temps for the northern Plains and normal temps for the rest of crop areas south of the northern Plains. Precipitation is normal to below normal in the West while the East is normal to above normal.

Soybeans: After rhetoric about China suspending import approval process for a GMO variety of soybeans on Friday, this morning it is said that the variety is Bayer Liberty Link round-up ready GMO variety of soybeans. China does not have domestic stocks to offset this imported supply. So, this feels differently than what occurred in corn. The Ag Ministry cited public concerns over food safety. This has never occurred before as a reason.

The US has 800 million bushels of bean sales on the books to China, so, this will keep the market’s attention.

Beans are bouncing today in front of the scheduled reports for Tuesday and the forecast of some rain coming in Tuesday night through Wednesday and Thursday.

Yields are still quite large but the harvest has hardly gotten good footing.

The USDA has confirmed they will adjust 2013 bean production along with the stocks report tomorrow.

Corn: Asian corn interest is said to be quite aggressive and so is Mexico. I find it interesting that Friday’s sale to Mexico had a large portion of the sale for 2015/16 and the harvest is just getting a good start but Mexico was willing to book corn at these low prices when others believe prices are going much lower?

Mexico is on deck to buy 10 MMT of US corn for the first time ever.

The hogs and pigs report was friendly for soymeal and corn. Farrowing intentions for the next two quarters is up 4% which was more than the trade expected.

Wheat: Wheat futures are stronger today and perhaps leading the rally of short covering. Wheat continues to carry a huge short fund position.

The USDA has found a rogue variety of Monsanto GMO wheat growing in Montana. It is estimated to be found on 1-3 acres but it was said that Monsanto had done some testing in the area.

Market today are trying to garner some reprieve in front of the reports due out on Tuesday. That, along with soybeans reaching the $9 level with this morning’s low of 905 is also cause for catching its breath.

Have a great day.

 

 

 

 

 

Disclaimer:

This material has been prepared by a sales or employee or agent of Futures Cash Info, LLC and/or Ag & Investment Services, Inc., and /is, or is in the nature of, a solicitation. By accepting this communication, you agree that you are an experienced user of the futures markets, capable of making independent trading decisions, and agree that you are not, and will not rely solely on this communication in making trading decisions.

Distribution in some jurisdictions may be prohibited or restricted by law. Persons in possession of this communication indirectly should inform themselves about and observe any such prohibition or restrictions. To the extent that you have received this communication indirectly and solicitations are prohibited in your jurisdiction without registration, the market commentary in this communication should not be considered a solicitation.

The risk of loss in trading futures and/or options is substantial and each investor and/or trader must consider whether this is a suitable investment. Past performance, whether actual or indicated by simulated historical tests of strategies, is not indicative of future results. Trading advice is based on information taken from trades and statistical services and other sources that Futures Cash Info, LLC and/or Ag& Investment Services, Inc believes are reliable. We do not guarantee that such information is accurate or complete and it should not be relied upon as such. Trading advice reflects our good faith judgment at a specific time and is subject to change without notice. There is no guaranteed that the advice we give will result in profitable trades.

Sue Martin is founder of Futures Cash Info. LLC and managing partner. Sue Martin is also President and CEO of Ag & Investment Services, Inc. The two companies are separate in nature and no relationship is to be construed by one owning the other.

This copyrighted report is intended for the use of clients/subscribers of Futures Cash Info, LLC only and may not be reproduced or electronically transmitted to other companies or individuals, whole or in part, without the prior written permission of Futures Cash Info, LLC.
____________________________________________________________________________________________________________________________________________

 

 

 

 

 


Disclaimer

This material has been prepared by a sales or employee or agent of Futures Cash Info, LLC and is, or is in the nature of, a solicitation. By accepting this communication, you agree that you are an experienced user of the futures markets, capable of making independent trading decisions, and agree that you are not, and will not rely solely on this communication in making trading decisions.

Distribution in some jurisdictions may be prohibited or restricted by law. Persons in possession of this communication indirectly should inform themselves about and observe any such prohibition or restrictions. To the extent that you have received this communication indirectly and solicitations are prohibited in your jurisdiction without registration, the market commentary in this communication should not be considered a solicitation.

This information is not to be construed as an offer to sell or a solicitation or an offer to buy the commodities herein named. The factual information of this report has been obtained from sources believed to be reliable, but is not necessarily all-inclusive and is not guaranteed as to the accuracy, and is not to be construed as representation by Ag & Investment Services, Inc. nor, Futures Cash Info, LLC. There should be no association between Ag & Investment Services, Inc. or Futures Cash Info, LLC.

This report contains research as defined in applicable CFTC regulations. Neither the firm nor the research analyst have any positions in these products.

The risk of loss in trading futures and/or options is substantial and each investor and/or trader must consider whether this is a suitable investment. Past performance, whether actual or indicated by simulated historical tests of strategies, is not indicative of future results. Trading advice is based on information taken from trades and statistical services and other sources that Futures Cash Info, LLC believes are reliable. We do not guarantee that such information is accurate or complete and it should not be relied upon as such.

Trading advice reflects our good faith judgment at a specific time and is subject to change without notice. There is no guarantee that the advice we give will result in profitable trades. Recommendations does not mean that the advisor or, Futures Cash Info, LLC trades those recommendations or holds positions in the recommendations.

This copyrighted report is intended for the use of clients/subscribers of Futures Cash Info, LLC only and may not be reproduced or electronically transmitted to other companies or individuals, whole or in part, without the prior written permission of Futures Cash Info, LLC.