Agriculture

It Can Get Worse Before It Gets Better

Blue Line Futures

April 14, 2020

Plant disruptions and a continuous flow of bad news weighing heavy on the livestock markets.

EIA Ethanol Report Weighs Heavy on Corn Futures Market

Blue Line Futures

April 16, 2020

orn futures traded to new contract lows yesterday on the back of a technical breakdown and as expected, another poor ethanol report.

Headline Risk Continues to Haunt Livestock Market

Blue Line Futures

April 9, 2020

Cattle futures have been mostly untradable for the past month though yesterday’s session provided some great intraday opportunities.

May Contracts Anticipate WASDE Report

Blue Line Futures

April 8, 2020

Corn futures moved higher while May contracts for Soybeans and Chicago Wheat consolidated ahead of Thursday's report.

Covid-19 Still Controls the Cocoa Trade

Peter Mooses

April 8, 2020

The May cocoa futures contract uptick may be short-lived.

Traders Look For Normalcy In Livestock Markets

Blue Line Futures

April 7, 2020

We got through what has been the hardest day of each week for the past several weeks, Monday. We got a string of bad news over the weekend with regards to reduced capacity at a handful of packing plants through the Country.

Rumors, Reality and the Livestock Market

Blue Line Futures

April 6, 2020

Covid-19 concerns continue to move the livestock futures market from bad to worse

Grains Struggle From Supply and Plunge In Oil Markets

Blue Line Futures

April 6, 2020

May corn futures made several attempts to rally last week but failed to hold those attempts through the close, which has kept the funds comfortably short. Friday’s Commitment of Traders report showed funds net short position at 99,925 contracts.

Grain Futures and Commodities Bid On President "Pump" OPEC+ Tweet

Blue Line Futures

April 3, 2020

Corn futures caught a midday bid yesterday on the back of oil prices surging as much as 30%. President Trump tweeted that Russia and Saudi Arabia had open lines of communication regarding a production cut of 10-15 million barrels per day.

Lean Hog Futures Drop Like A Rock

Blue Line Futures

April 2, 2020

Cattle futures turned lower and didn’t let up, finishing the day locked at the expanded limit. Live cattle remain in expanded limits, 4.50. Feeder cattle are in expanded limits 6.75. Cash cattle started to pick up yesterday, the bulk coming in near 112.