Export sales and a change in the forecast adds support. January 26, 2023

Post Archives

Allendale Insider

• Market Movers: USDA Report Day
  September 12, 2023
• USDA Report Day
  June 10, 2022
• May WASDE Report Breakdown
  May 12, 2022
• Estimates for May WASDE Report
  May 6, 2022
• Cattle on Feed and Cold Storage Estimates
  April 18, 2022

On The Go

• Soybeans and wheat see pressure this week. Corn holds.
  September 22, 2023
• Cattle on Feed confirms a return to lower placements. Q2 supplies will be tight.
  September 22, 2023
• Pork questions remaining procurement. Cattle hit by weights, beef and the stock market.
  September 21, 2023
• Grains show export sales disappointment.
  September 21, 2023
• Hogs surpass last week’s high.
  September 20, 2023

Market Movers

• Funds sellers of 10K, 45% of record, still building a short position, weather maps show light rain.
  September 25, 2023
• December found light support at 474 yesterday/last night, chart open to 467 ¾, rains added again.
  September 22, 2023
• Rains dramatically reduced in the 6 – 10 day forecast, exports may be expected disappointing.
  September 21, 2023
• Rains in the 10-day outlook may slow harvest and offer mild support, exports are needed.
  September 20, 2023
• Harvest at 9%, analysts expected 10%, the forecast may slow harvest days 1 – 5
  September 19, 2023

Snapshots

Trader Insights

• Estimates for Upcoming Small Grains Summary and Grain Stocks Reports
  September 25, 2023
• Allendale, Inc. Releases Quarterly Hogs and Pigs Report Estimates
  September 25, 2023
• Estimates for Upcoming WASDE Report September 2023
  September 6, 2023
• USDA Report Day
  August 11, 2023
• Estimates for Upcoming WASDE Report
  August 7, 2023

Morning Wake up Calls

• Wake Up Call
  June 5, 2022
• Grain Prices Near Contract Highs After Strong Export Sales
  February 1, 2021
• Will Big Overnight Sales Continue?
  January 29, 2021
• Large 2021 Crop Estimates Pressure Grain Prices
  January 25, 2021
• Demand in Focus this Morning
  January 22, 2021