Newsletter

US Biofuel Heats Up, While Argentina Braces for Weather

Good morning. Below is a roundup of last week's developments in the agriculture sector. Rising Demand for Biofuels The US biofuel industry is revving up, fueled by a surge in feedstock consumption and growing production capacity. According to a recent report by Argus, usage of key feedstocks like
US Biofuel Heats Up, While Argentina Braces for Weather

China, Argentina See Uptick in Corn Production Estimates; Regenerative Agriculture Draws VC Investments

Good morning. Below is a roundup of last week's developments in the agriculture sector.  Rain Boosts Argentina's 2023/24 Soybean and Corn Crop Forecasts Argentina's soybean and corn harvests were upgraded thanks to recent rainfall, improving the outlook for the South American agricultural giant.
China, Argentina See Uptick in Corn Production Estimates; Regenerative Agriculture Draws VC Investments

Bearish Tone Continues Post-WASDE Report

Author: Doug Christie Fundamental: Markets worked lower following the WASDE reports with 3-5% declines in grains while cotton managed to post a slight gain. USDA reported a record US corn crop of 15.3 billion bushels and a 31 million bushel increase in year-over-year stocks despite projecting higher usage of

Modest Changes for Grains, Soy Works Lower and Cotton higher

Author: Doug Christie Fundamental:  Soy was the biggest mover in the first full 5-day review period of 2024 with prices declining by 25 cents. Recent moisture and a favorable forecast in Brazil seem to be systematically taking the weather risk premium out of bean prices. Corn and wheat were 3-4

Ag Markets Enter 2024 With a Defensive Tone

Author: Doug Christie Fundamental: Prices worked lower in the post-Christmas trading period, with grains seeing declines of 3.5% – 4.5%, while cotton remained essentially unchanged. Most of the price damage was done in the initial trading session of 2024, with all of the tracked commodities posting losses. It’s

Soft Price Action Heading into the Holiday Break

Author: Doug Christie Fundamental: Limited fundamental news, and the approaching holidays brought a quiet tone to markets.   All the tracked markets moved modestly lower in the five-day reference period. Corn finished 8 cents lower, while soybeans lost 11 cents. Wheat prices dipped by 3 cents.  Cotton values declined by 159

Ag Futures: Key Parameters and Drivers (Part 1)

Author: Doug Christie This is part 1 of a deep dive into the trading parameters and market drivers of different ag commodities, covering the following: * Palm Oil * Sunflower Seed * Canola * Coffee * Cocoa * Orange Juice Palm Oil Palm oil is the most widely produced and widely traded edible oil in the
Ag Futures: Key Parameters and Drivers (Part 1)

Mixed Patterns Post-WASDE, Perhaps the Holidays Are Starting Early

Author: Doug Christie Fundamental: Markets failed to make any strong moves in the wake of last Friday’s WASDE reports, which fell at the midpoint of the five-day reference period.   Corn rallied going into the report but has now retraced, closing down 10 cents on the week on Tuesday. Soy

Corn and Wheat Bounce, Soy Retreats, and Cotton Flat as Traders Look Ahead to WASDE

Author: Doug Christie Fundamental: Corn and wheat posted gains of 3.5% and 10%, respectively, for the five-day trading period ending December 5. Corn saw some positive demand news, with an uptick in weekly export sales from the US. Wheat benefited from the reporting of US export sales to China

3 Levels of Futures Trading: Beginner, Intermediate and Advanced

In this interview, Doug Christie shares his 30 years of experience in futures trading and offers practical trading tips tailored for three levels of traders: beginners, intermediates, and advanced practitioners. Hedder: What are some of the basic trading principles that a new trader should be aware of? Doug: For someone