Thursday, July 31, 2014  
 
 

Commentary
 
MIDWEST MARKET SOLUTIONS
EARLY MARKET COMMENTARY
July 30, 2014
By: Brian Hoops, President
www.midwestmarketsolutions.com
follow us on twitter at MidwestMarkets
417-501-8153
Midwest Market Solutions is the leading edge in commodity marketing and trading
and is widely recognized as one of the top marketing advisory and brokerage firms in America.

HEADLINES
•    Due to travel schedule, there will not be a newsletter Thursday or Friday.
•    This Friday, the July jobs report is released. Expectations are 230K new jobs and the unemployment rate steady at 6.1%
•    First notice day for August futures is July 31.
•    Last trading day for August live cattle options is Friday, August 1.
•    First notice day for August live cattle is Monday, August 4.

Corn:
•    On Tuesday, exporters announced a sale of 147,000 mts of corn to Columbia.
•    December corn has resistance at $3.77 with support at $3.65

Soybeans:
•    On Tuesday morning, exporters announced sale of 135,000 mts of soybean meal to an unknown destination for the 2014/15 marketing year.
•    November soybeans have chart resistance at $11.15 and support at $10.91 1/2

Wheat:
•    Taiwan is tendering for 84,000 mts of US wheat.
•    Egypt announced a tender for wheat.
•    September Chicago wheat has chart resistance at $5.38 and support at $5.19

Live and Feeder Cattle:
•    October live cattle have chart resistance at $159.75 and support at $158.15
•    October feeder cattle have chart resistance at $222.75 and support at $219.37

Lean Hogs:
•    October lean hog have chart resistance at $110.35 and support at $104.70

CLICK HERE to login to the Market Insider 

Highlights of this week's Market Insider Weekly Newsletter include:
* The COF report
* The monthly cold storage report.
* New hedging advice for soybean producers.
* Corn and soybean yield forecasts from CWG.
* ARC guarantee for 2014 wheat.
* Farmland Partners interested in purchasing US farmland.
* Story on Morgan Stanley expanding in commodities.
* Plus much more.

For more information visit our website at www.midwestmarketsolutions.com.
Clients receive web access as a free service, access is available for a
small monthly fee to non-clients.

Services available at Midwest Market Solutions:

* Full Service Brokerage
* Discount Service Brokerage
* Free Trading Platforms and Market Quotes
* Market Solutions Hedge Program
* Market Insider Daily Newsletter
* Market Insider Weekly Newsletter
* Audio Market Commentaries
* Professional Trading Systems

This material has been prepared by a sales or trading employee or agent of Midwest Market Solutions and
is, or is in the nature of, a solicitation. This material is not a research report prepared by Midwest Market
Solutions’s Research Department. By accepting this communication, you agree that you are an experienced
user of the futures markets, capable of making independent trading decisions, and agree that you are not,
and will not, rely solely on this communication in making trading decisions.

DISTRIBUTION IN SOME JURISDICTIONS MAY BE PROHIBITED OR RESTRICTED BY LAW.
PERSONS IN POSSESSION OF THIS COMMUNICATION INDIRECTLY SHOULD INFORM
THEMSELVES ABOUT AND OBSERVE ANY SUCH PROHIBITION OR RESTRICTIONS. TO THE
EXTENT THAT YOU HAVE RECEIVED THIS COMMUNICATION INDIRECTLY AND
SOLICITATIONS ARE PROHIBITED IN YOUR JURISDICTION WITHOUT REGISTRATION, THE
MARKET COMMENTARY IN THIS COMMUNICATION SHOULD NOT BE CONSIDERED A
SOLICITATION.

The risk of loss in trading futures and/or options is substantial and each investor and/or trader must
consider whether this is a suitable investment. Past performance, whether actual or indicated by simulated
historical tests of strategies, is not indicative of future results. Trading advice is based on information taken
from trades and statistical services and other sources that Midwest Market Solutions believes are reliable.
We do not guarantee that such information is accurate or complete and it should not be relied upon as such.
Trading advice reflects our good faith judgment at a specific time and is subject to change without notice.
There is no guarantee that the advice we give will result in profitable trades.

Copyright 2014 Midwest Market Solutions, Inc.

 


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Today's Market Commentary

National Radar

Local Conditions
Springfield, MO
Chg Zip Code: 
Temp: 77oF Feels Like: 79oF
Humid: 64% Dew Pt: 64oF
Barom: 30.02 Wind Dir: S
Cond: N/A Wind Spd: 9 mph
Sunrise: 6:17 Sunset: 8:22
As reported at SPRINGFIELD, MO at 6:00 PM
View complete Local Weather

Futures
@C - CORN - CBOT
Month Change Last Open High Low Close Time More
Sep 14 -4'6 357'2 360'4 361'4 356'6 357'0s 06:25P Chart for @C4U Options for @C4U
Dec 14 -4'4 367'0 370'2 371'4 366'6 367'0s 06:19P Chart for @C4Z Options for @C4Z
@S - SOYBEANS - CBOT
Month Change Last Open High Low Close Time More
Aug 14 4'0 1223'6 1219'6 1231'2 1217'4 1224'4s 05:08P Chart for @S4Q Options for @S4Q
Sep 14 -2'4 1098'2 1101'6 1105'6 1094'0 1099'6s 06:18P Chart for @S4U Options for @S4U
@SM - SOYBEAN MEAL - CBOT
Month Change Last Open High Low Close Time More
Aug 14 37 3908 3888 3924 3850 3913s 04:58P Chart for @SM4Q Options for @SM4Q
Sep 14 5 3612 3620 3650 3595 3620s 05:44P Chart for @SM4U Options for @SM4U
@W - WHEAT - CBOT
Month Change Last Open High Low Close Time More
Sep 14 3'0 530'4 527'0 536'2 523'4 530'2s 06:11P Chart for @W4U Options for @W4U
Dec 14 0'6 550'0 548'2 556'4 545'2 550'2s 05:04P Chart for @W4Z Options for @W4Z
@KW - HARD RED WINTER WHEAT - KCBT
Month Change Last Open High Low Close Time More
Sep 14 8'6 626'2 615'6 631'0 614'6 625'6s 05:47P Chart for @KW4U Options for @KW4U
@MW - HARD RED SPRING WHEAT - MGE
Month Change Last Open High Low Close Time More
Sep 14 3'2 616'0 613'0 620'4 609'4 616'0s 05:45P Chart for @MW4U Options for @MW4U
@LE - LIVE CATTLE - CME
Month Change Last Open High Low Close Time More
Aug 14 - 0.625 157.300 157.525 157.725 157.100 157.925 06:27P Chart for @LE4Q Options for @LE4Q
@HE - LEAN HOGS - CME
Month Change Last Open High Low Close Time More
Aug 14 - 0.275 117.750 117.325 117.850 117.250 118.025 06:27P Chart for @HE4Q Options for @HE4Q
@ES - E-MINI S&P 500 - CME
Month Change Last Open High Low Close Time More
Sep 14 3.50 1928.25 1926.00 1928.75 1926.00 1924.75 06:28P Chart for @ES4U Options for @ES4U
@GF - FEEDER CATTLE - CME
Month Change Last Open High Low Close Time More
Aug 14 - 0.975 219.700 220.825 220.825 219.500 220.675 06:26P Chart for @GF4Q Options for @GF4Q
Sep 14 - 1.275 219.925 220.650 220.725 219.450 221.200 06:26P Chart for @GF4U Options for @GF4U
Oct 14 - 1.725 219.300 220.800 220.800 218.975 221.025 06:27P Chart for @GF4V Options for @GF4V
My Custom Markets
Symbol Change Last Open High Low Close Time More

  This material has been prepared by a sales or trading employee or agent of Midwest Market Solutions and is, or is in the nature of, a solicitation. This material is not a research report prepared by Midwest Market Solution’s Research Department. By accepting this communication, you agree that you are an experienced user of the futures markets, capable of making independent trading decisions, and agree that you are not, and will not, rely solely on this communication in making trading decisions.
 
DISTRIBUTION IN SOME JURISDICTIONS MAY BE PROHIBITED OR RESTRICTED BY LAW. PERSONS IN POSSESSION OF THIS COMMUNICATION INDIRECTLY SHOULD INFORM THEMSELVES ABOUT AND OBSERVE ANY SUCH PROHIBITION OR RESTRICTIONS. TO THE EXTENT THAT YOU HAVE RECEIVED THIS COMMUNICATION INDIRECTLY AND SOLICITATIONS ARE PROHIBITED IN YOUR JURISDICTION WITHOUT REGISTRATION, THE MARKET COMMENTARY IN THIS COMMUNICATION SHOULD NOT BE CONSIDERED A SOLICITATION.
 
The risk of loss in trading futures and/or options is substantial and each investor and/or trader must consider whether this is a suitable investment. Past performance, whether actual or indicated by simulated historical tests of strategies, is not indicative of future results. Trading advice is based on information taken from trades and statistical services and other sources that Midwest Market Solutions believes are reliable. We do not guarantee that such information is accurate or complete and it should not be relied upon as such. Trading advice reflects our good faith judgment at a specific time and is subject to change without notice. There is no guarantee that the advice we give will result in profitable trades.
 
Copyright 2014 Midwest Market Solutions, Inc.
 
 

 
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