Sunday Night Outlook, 12-30-07

Sunday Night Grain Outlook By Duane Lowry Sunday, December 30, 2007 OPENING CALL: Corn= 1-2 lower, Wheat= steady-easier, Soybeans= 5-7 lower Weather during the weekend was largely as expected in South America. Brazil’s 2-week outlook continues to

Happy Holidays!

The Christmas and New Year holiday season are special times where we seem to view the world and our situations from different and better perspectives. It is a time where television movies featuring forgiveness, love and joy are dusted off and aired again.

Sunday Night Grain Outlook, 12-23-07

Sunday Night Grain Outlook By Duane Lowry Sunday, December 23, 2007 OPENING CALL: Corn= steady-easier, Wheat= steady-easier, Soybeans= steady-easier Weather offers wetter and more confident moisture expectations for Argentina and most of Brazil through

Stars Aligned?

The technical conditions this morning are extremely vulnerable and will quickly turn negative if price action is poor today. South American weather seems to be generating improving confidence in a wetter moisture pattern during the next couple of weeks.

Will we open weaker than expected?

While the night session traded on both sides and ended near unchanged values in wheat and soybeans, there is a growing sense/recognition that a technical-based correction event is ready to unfold. The South American weather forecast is favorable/acceptable

Sunday Night Outlook, 12-16-07

There is not a lot of market-moving news to discuss. Some will be encouraged by Friday's price action, but some of the strength was due to late-session short-chasing before the weekend and general building of risk premium into a weekend during heightened

A bottom for the US Dollar?

Charts have been offering hints of a bottom formation evolving for the past month or more. Current chart action and response to the Fed's move yesterday appear to signal confirmation that recent action has been in fact a bottom formation unfolding.

Farm Subsidy Cap Rejected

Today the Senate failed to achieve the needed 60 votes to pass an amendment to lower the current payment cap of $360,000 to $250,000. The vote was 56 in favor of the cut and 43 against.

Inflation or Recession?

Something to ponder… How bad do they (the Fed) view the economic climate and how much risk of an economic downturn does the Fed must fear for them to take action that apparently sacrifices concerns about inflation? What are the implications? What

Fed Injects Cash

At 8:00 Wednesday morning the Fed announced plans to join three other major central banks to unveil a series of projects designed to ease credit squeeze fears. The Fed will lend at least $40 bil and implied it could be a substantially larger cash injection.

USDA Report data, 12-11-07

US Corn Carryout= 1.797 bil bushels, down 100 mil from last month and below trade expectations. US Soybean Carryout= 185 mil, down 25 mil from last month and 12 mil below expectations. US Wheat Carryout= 280 mil, down 32 mil from last month and 16 mil

Sunday night grain outlook, 12-9-07

Sunday Night Grain Outlook By Duane Lowry Sunday, December 9, 2007 OPENING CALL: Corn= steady-easier, Wheat= steady-easier, Soybeans= steady-easier Weather continues to offer widespread precip across the US hrw wheat areas, with precip totals in today’s

Crude, Iran, Grains...

During the past several days there has been some signs that the grain trade is attempting to disconnect from such a strict focus on outside market influences. Today's early strength in the grains, despite sharp crude losses provides encouragement

Sunday Night Grain Outlook, 12-2-07

Sunday, December 2, 2007 OPENING CALL: Corn= steady-easier, Wheat= steady-easier, Soybeans= 1-2 higher Weather is similar to Friday. Everyday the trade seems to anxiously look for any weather data that can possibly be spun as bullish and focus on that