Saturday, January 31, 2015  
 
 

Commentary
 
MIDWEST MARKET SOLUTIONS
EARLY MARKET COMMENTARY
January 30, 2015
By: Brian Hoops, President
www.midwestmarketsolutions.com
follow us on twitter at 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
•    Semi-annual cattle inventory report will be released today at 2:00 pm ct. 
•    STATS Canada report will be released on Wednesday, February 4. 

Corn: 
•    Exporters announced sale of 116,000 mts of sorghum to an unknown destination. 
•    March corn has resistance at $3.76 with support at $3.68 

Soybeans: 
•    March soybeans have chart resistance at $9.85 and support at $9.66  

Wheat: 
•    Jordan bought 100,000 mts of optional wheat. 
•    Taiwan is tendering for 86,000 mts of US wheat. 
•    Saudi Arabia is tendering for 660,000 mts of HRW. 
•    March Chicago wheat has chart resistance at $5.18 and support at $5.01

Live and Feeder Cattle: 
•    April live cattle have chart resistance at $152.00 and support at $148.32
•    March feeder cattle have chart resistance at $206.30 and support at $200.35

Lean Hogs: 
•    April lean hog have chart resistance at $75.17 and support at $70.97

Highlights of this week's Market Insider Weekly Newsletter include:
* Story on death of former Refco executive.
* Story on former futures broker losing his job over racist comments. 
* Story on Deere & Co. laying off more workers. 
* Look at winter wheat conditions. 
* Fundamentals and technicals of the grain markets. 
* Monthly COF and cold storage reports.
* Plus much more. 

 


Futures
@C - CORN - CBOT
Month Change Last Open High Low Close Time More
Mar 15 -1'4 370'6 372'6 373'0 365'6 370'0s 01/30 Chart for @C5H Options for @C5H
May 15 -1'4 378'6 380'6 381'0 373'6 378'4s 01/30 Chart for @C5K Options for @C5K
@S - SOYBEANS - CBOT
Month Change Last Open High Low Close Time More
Mar 15 -7'2 961'2 968'0 972'6 955'0 961'0s 01/30 Chart for @S5H Options for @S5H
May 15 -7'0 968'0 974'6 979'0 961'6 967'6s 01/30 Chart for @S5K Options for @S5K
@SM - SOYBEAN MEAL - CBOT
Month Change Last Open High Low Close Time More
Mar 15 - 80 3307 3379 3395 3280 3299s 01/30 Chart for @SM5H Options for @SM5H
May 15 - 66 3242 3307 3321 3220 3240s 01/30 Chart for @SM5K Options for @SM5K
@W - WHEAT - CBOT
Month Change Last Open High Low Close Time More
Mar 15 -5'0 503'0 508'0 511'6 497'0 502'6s 01/30 Chart for @W5H Options for @W5H
May 15 -5'6 507'2 512'4 515'6 501'6 506'6s 01/30 Chart for @W5K Options for @W5K
@KW - HARD RED WINTER WHEAT - KCBT
Month Change Last Open High Low Close Time More
Mar 15 -3'6 539'4 544'0 549'4 536'2 540'2s 01/30 Chart for @KW5H Options for @KW5H
@MW - HARD RED SPRING WHEAT - MGE
Month Change Last Open High Low Close Time More
Mar 15 -2'4 557'2 559'2 563'0 553'2 556'6s 01/30 Chart for @MW5H Options for @MW5H
@LE - LIVE CATTLE - CME
Month Change Last Open High Low Close Time More
Feb 15 1.325 154.850 153.775 155.375 152.800 154.850s 01/30 Chart for @LE5G Options for @LE5G
@HE - LEAN HOGS - CME
Month Change Last Open High Low Close Time More
Feb 15 -1.075 67.650 68.400 68.975 67.350 67.475s 01/30 Chart for @HE5G Options for @HE5G
@ES - E-MINI S&P 500 - CME
Month Change Last Open High Low Close Time More
Mar 15 - 30.00 1989.75 2019.25 2020.50 1986.25 1988.50s 01/30 Chart for @ES5H Options for @ES5H
@GF - FEEDER CATTLE - CME
Month Change Last Open High Low Close Time More
Mar 15 1.625 205.350 203.550 205.550 202.600 205.200s 01/30 Chart for @GF5H Options for @GF5H
Apr 15 1.200 205.750 204.225 205.750 203.275 205.400s 01/30 Chart for @GF5J Options for @GF5J
May 15 1.425 206.050 205.500 206.475 204.025 206.125s 01/30 Chart for @GF5K Options for @GF5K
My Custom Markets
Symbol Change Last Open High Low Close Time More


Today's Market Commentary

 

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National Radar

Local Conditions
Springfield, MO
Chg Zip Code: 
Temp: 40oF Feels Like: 34oF
Humid: 45% Dew Pt: 20oF
Barom: 30.29 Wind Dir: SE
Cond: N/A Wind Spd: 9 mph
Sunrise: 7:17 Sunset: 5:36
As reported at SPRINGFIELD, MO at 5:00 AM
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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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without registration, the market commentary in this communication should not be considered a solicitation. 
 
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