MIDWEST MARKET SOLUTIONS June 28, 2016 By: Brian Hoops, President www.midwestmarketsolutions.com follow us on twitter @MidwestMarkets 417-501-5132 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 • Stats Canada report is Wednesday, June 29. • First notice day for July grain futures is June 30th • Quarterly stocks and acreage report will be released Thursday, June 30th.
Corn: • December corn has chart resistance at $3.96 1/4 and support at $3.82 1/2
Soybeans: • On Monday morning, exporters announced sale of 150,000 mts of US soybeans to an unknown destination. • November soybeans have chart resistance at $11.25 3/4 and support at $11.00 3/4
Wheat: • Jordan is tendering for 100,000 mts of hard wheat. • September Chicago wheat has chart resistance at $4.70 3/4 and support at $4.57 3/4
Live and Feeder Cattle: • August live cattle have chart resistance at $112.75 and support at $110.82 • August feeder cattle have chart resistance at $142.15 and support at $137.05
Lean Hogs: • August lean hog have chart resistance at $84.40 and support at $82.57
Highlights of this week's Market Insider Weekly Newsletter include: * Highlights weekly crop conditions report. * A look at the COF report. * Cold storage reports * Monthly hog and pig report. * CME Group launches new wheat contract. * Hedge fund manager charged with insider trading. * A look at US direct farm payments. * Plus much more.
SUBSCRIBE ONLINE! You can now buy a subscription online using Pay Pal! We offer three choices when it comes to subscribing to our service, monthly or yearly or just the weekly Market Insider Newsletter.
Monthly Website Subscription $20 Monthly
VIP Website Subscription $200 Annually
Market Insider Newsletter $10 Monthly
Market Solutions Hedge Program $500/newsletter only or $1.25/acre for full service
Midwest Market Solutions: • Full Service Brokerage * Discount Service Brokerage * Trading Platforms and Market Quotes * Market Solutions Hedge Program * Market Insider Daily Newsletter * Market Insider Weekly Newsletter * Audio Market Commentaries * Professional Trading Systems * Twitter Feed * Text Marketing Service
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 jurisidiction 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.