Tuesday, June 28, 2016  
 
 

Commentary
 
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. 

Click here to to read more info.


Futures
@C - CORN - CBOT
Month Change Last Open High Low Close Time More
Jul 16 -0'2 385'0 385'4 387'2 385'0 385'2 08:36P Chart for @C6N Options for @C6N
Sep 16 0'0 388'6 389'0 390'6 388'4 388'6 08:36P Chart for @C6U Options for @C6U
@S - SOYBEANS - CBOT
Month Change Last Open High Low Close Time More
Jul 16 -2'4 1148'0 1148'2 1155'2 1147'6 1150'4 08:36P Chart for @S6N Options for @S6N
Aug 16 -2'4 1143'6 1146'0 1151'6 1142'6 1146'2 08:36P Chart for @S6Q Options for @S6Q
@SM - SOYBEAN MEAL - CBOT
Month Change Last Open High Low Close Time More
Jul 16 - 15 3909 3926 3938 3909 3924 08:36P Chart for @SM6N Options for @SM6N
Aug 16 - 15 3920 3937 3950 3917 3935 08:36P Chart for @SM6Q Options for @SM6Q
@W - WHEAT - CBOT
Month Change Last Open High Low Close Time More
Jul 16 0'6 444'4 443'6 446'2 443'6 443'6 08:36P Chart for @W6N Options for @W6N
Sep 16 0'6 458'0 456'6 459'2 456'0 457'2 08:36P Chart for @W6U Options for @W6U
@KW - HARD RED WINTER WHEAT - KCBT
Month Change Last Open High Low Close Time More
Jul 16 1'2 410'0 408'6 410'0 407'6 408'6 08:35P Chart for @KW6N Options for @KW6N
@MW - HARD RED SPRING WHEAT - MGE
Month Change Last Open High Low Close Time More
Jul 16 0'2 501'4 500'2 501'4 500'2 501'2 08:32P Chart for @MW6N Options for @MW6N
@LE - LIVE CATTLE - CME
Month Change Last Open High Low Close Time More
Jun 16 1.150 116.975 116.250 117.200 116.200 117.075s 04:07P Chart for @LE6M Options for @LE6M
@HE - LEAN HOGS - CME
Month Change Last Open High Low Close Time More
Jul 16 83.025 83.600 83.725 82.775 83.150s 02:56P Chart for @HE6N Options for @HE6N
@ES - E-MINI S&P 500 - CME
Month Change Last Open High Low Close Time More
Sep 16 0.50 2029.00 2028.25 2029.50 2022.75 2028.50 08:35P Chart for @ES6U Options for @ES6U
@GF - FEEDER CATTLE - CME
Month Change Last Open High Low Close Time More
Aug 16 0.500 140.725 140.350 141.375 140.075 140.675s 02:59P Chart for @GF6Q Options for @GF6Q
Sep 16 0.475 139.700 139.275 140.025 139.025 139.725s 01:05P Chart for @GF6U Options for @GF6U
Oct 16 0.375 138.275 137.875 138.450 137.525 138.250s 01:05P Chart for @GF6V Options for @GF6V
My Custom Markets
Symbol Change Last Open High Low Close Time More

   


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Springfield, MO
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Temp: 83oF Feels Like: 87oF
Humid: 63% Dew Pt: 69oF
Barom: 30.04 Wind Dir: NE
Cond: N/A Wind Spd: 10 mph
Sunrise: 5:56 Sunset: 8:38
As reported at SPRINGFIELD, MO at 8:00 PM
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  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.
 
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