Agriculture

Cocoa Futures Update

Cocoa Futures Look To Test 2600 by Next Month’s Contract Roll

Peter Mooses
January 06, 2020
March cocoa futures have rallied this past trading week as we leave 2019 and enter 2020. After the new year, the contract continued the move higher back towards 2550
Grain Futures Traders Recap

Grain Futures Update - Oliver Sloup From BlueLine

Blue Line Futures
December 20, 2019
Oliver Sloup breaks down the trading day in grain futures markets.
Meats Market Update

Livestock Futures Targeting Technical Levels As Holiday Trade Here

Blue Line Futures
December 19, 2019
Live cattle futures were mixed with the February contract trading near unchanged, by the close. Volume has slowed down considerably with the holiday just around the corner, but that could change with some fundamental headlines coming down the pipeline.
Grain futures market update

January Soybean Futures Continued Climb Higher On Short Covering

Blue Line Futures
December 18, 2019
January soybean futures continued to climb higher yesterday; we are attributing that to continued short covering. The positive headlines are starting to fizzle out, this could lead to a bit of a pullback into next week’s option expiration.
Meats Market Update

Broad Based Buying In Livestock Futures

Blue Line Futures
December 16, 2019
A wave of positive trade headlines led to broad-based buying in the agricultural markets. Traders are looking for follow-through in the next few days.
Grain futures market update

Traders Waiting For Data To Confirm China Ag Purchases

Blue Line Futures
December 16, 2019
Soybeans skyrocketed higher on Friday but closed well off of the highs as details around the Phase 1 trade deal led to confusion. The market is trading against those highs in the early morning trade as some of the details have been ironed out over the weekend.
Grain Futures Traders Recap

Grain Futures Short Covering Expected - Oliver Sloup From BlueLine

Blue Line Futures
December 12, 2019
Oliver Sloup breaks down the trading day in grain futures markets.
Cocoa Futures Update

Cocoa Futures Influenced By Trade Deals, Brexit and UK Election

Peter Mooses
December 12, 2019
As of Thursday, cocoa futures were down for the fourth straight session. After the trade above 2600, traders took profit, causing some of this sell-off.
Grain futures market update

Grain Futures Can't Find Bullish Catalyst In Recent USDA Report

Blue Line Futures
December 12, 2019
Corn futures broke lower yesterday after failing to find a bullish fundamental catalyst in USDA report. We look to buy with the expectations that we see a technical double bottom and then demand shift by the turn of the year.
Grain futures market update

USDA Grain Report Lived Up To Expectations, A Total Snoozer

Blue Line Futures
December 11, 2019
Yesterday’s USDA report lived up to the expectations, a total snoozer.