Newsletter

Ag Markets Retreat as November Winds Down

Author: Doug Christie Fundamental: Major ag markets entered and exited the US Thanksgiving holiday period with a quiet and softer feel. Corn, wheat and soy all posted 2-3% declines over the five-day period ending November 28. Cotton was also lower, with a 1.3 % price decline over the same period.

Markets Enter US Holiday With a Weaker Tone

Author: Doug Christie Fundamental: Major ag markets worked lower, entering the US Thanksgiving holiday period with a softer feel. Wheat led the way down, with a 17 cent decline in SRW futures. Corn was off 8 cents while beans moved down 12. Cotton continued its decline, with a 134-point dip

Markets Mostly Strengthen Following WASDE Report

Author: Doug Christie  Fundamental: All four of the markets tracked here posted positive results across the five-day trading period.  USDA reports released November 12 were bearish on the surface, with larger supplies penciled in for US corn, soy, wheat and cotton. But, as is often the case, the markets digested

How Weather Drives Ag Futures

In this Q&A, we sat down with Doug Christie for a deep dive on weather's impact on commodities, and how traders typically position their trades around weather events. Hedder: How do weather patterns and forecasts impact agricultural futures? Doug: With ag commodities being dependent on weather

Soy Up, Cotton Down Heading Into WASDE Report

Author: Doug Christie Fundamental: Soy and cotton were the most active markets over the past five sessions. Beans posted a 61-cent gain on news of renewed US exports to China. After a signing-ceremony pledge to increase purchases of US farm goods, the market was further buoyed this week by reporting

Prices Weaken as Fundamentals, Tech and Macro Factors Align.

Author: Doug Christie  Fundamental Autumn is in the air with lower temperatures moving across the US, and ag markets felt the same vibe.   Prices worked lower over the past five trading sessions, with lower levels posted in corn, soy, wheat and cotton. The 24-cent decline in wheat was the most

Limited Price Movement as US Harvest Progresses

Author: Doug Christie Fundamental Price action was narrowly confined over the past five trading sessions. Corn moved down five cents, with all of that move coming in Tuesday's session. Soy rallied for a few days before correcting to close down 1 cent across the five-day period. Cotton slowed

Grains Up But Cotton Down Following October WASDE Report

Author: Doug Christie Fundamental The October WASDE figures gave a jump start to grain markets, with lower production estimates posted for US corn and soy. The USDA lowered yields for both crops and that was enough to get a bit of upward momentum. Soy has been able to sustain that,

Markets Have a Defensive Tone

Author: Doug Christie Fundamental The release of the October WASDE report on Thursday will be the primary fundamental focus for markets. Coming into the report, the major US crops have had a defensive tone. Corn and soy are basically unchanged in price over the past five trading sessions, while wheat

[Video] Do USDA Reports Move the Market?

USDA reports are among the most important reports in the agricultural commodities market. To what extent do USDA reports move the futures market? How do traders adjust their trading positions with the release of USDA reports? We talked to Doug and Olga Isengildina Massa, a professor at Virginia Tech, for
[Video] Do USDA Reports Move the Market?