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Saturday, July 27, 2024  
 
 

Commentary



Noon Market News

 
Market Insider Closing Commentary
 

MIDWEST MARKET SOLUTIONS
July 26, 2024
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:

-Weather models more optimistic on western belt rains/cooler temps
-Wheat tour forecasts record ND yield
-USDA attache sees Argentine corn crop/exports lower than USDA
-USDA attache sees Canadian wheat crop/exports slightly higher than USDA
-Sovecon ticks Russian wheat crop estimate higher again
-EU wheat crop bumped lower but exports raised from previous ideas
-No USDA sales announcements
 
 
COVERED IN TODAY'S DAILY NEWSLETTER:

- Grain and Livestock Technicals
- Grain Fundamentals
- Daily Export Announcements
- Fund Activity
- Overnight Trade
- Cattle Fundamentals
- FCE Online Auction
- Cash Cattle Trade 
- Lean Hog Fundamentals
- Weather


HIGHLIGHTS OF THIS WEEK'S MARKET INSIDER NEWSLETTER:

- Grain & Livestock Fundamentals
- Weekly Crop Progress and Conditions Report

- Weekly Export Inspections and EIA Reports
- COT Report
- Cash Cattle Trade and Outlook
- Latest News

Click here to to read more info.
 
 

Futures
@C - CORN - CBOT
Month Change Last Open High Low Close Time More
Sep 24 -11'4 394'6 405'6 406'4 394'0 394'4s 07/26 Chart for @C4U Options for @C4U
Dec 24 -10'6 410'0 421'0 421'6 409'2 410'0s 07/26 Chart for @C4Z Options for @C4Z
@S - SOYBEANS - CBOT
Month Change Last Open High Low Close Time More
Aug 24 -38'4 1071'6 1113'2 1117'2 1071'4 1077'4s 07/26 Chart for @S4Q Options for @S4Q
Sep 24 -32'4 1040'2 1068'6 1075'6 1038'6 1042'0s 07/26 Chart for @S4U Options for @S4U
@SM - SOYBEAN MEAL - CBOT
Month Change Last Open High Low Close Time More
Aug 24 9 3514 3524 3548 3493 3533s 07/26 Chart for @SM4Q Options for @SM4Q
Sep 24 1 3328 3343 3360 3298 3343s 07/26 Chart for @SM4U Options for @SM4U
@W - WHEAT - CBOT
Month Change Last Open High Low Close Time More
Sep 24 -14'2 522'6 537'0 541'2 522'0 523'4s 07/26 Chart for @W4U Options for @W4U
Dec 24 -14'0 547'6 561'4 565'6 546'6 548'4s 07/26 Chart for @W4Z Options for @W4Z
@KW - HARD RED WINTER WHEAT - KCBT
Month Change Last Open High Low Close Time More
Sep 24 -16'0 545'6 561'0 566'2 544'4 545'4s 07/26 Chart for @KW4U Options for @KW4U
@MW - HARD RED SPRING WHEAT - MGE
Month Change Last Open High Low Close Time More
Sep 24 -15'2 586'6 603'6 612'6 586'4 588'4s 07/26 Chart for @MW4U Options for @MW4U
@LE - LIVE CATTLE - CME
Month Change Last Open High Low Close Time More
Aug 24 - 0.325 188.525 189.000 189.325 188.250 188.575s 07/26 Chart for @LE4Q Options for @LE4Q
@HE - LEAN HOGS - CME
Month Change Last Open High Low Close Time More
Aug 24 -0.300 93.475 94.075 94.100 93.375 93.475s 07/26 Chart for @HE4Q Options for @HE4Q
@ES - E-MINI S&P 500 - CME
Month Change Last Open High Low Close Time More
Sep 24 57.75 5499.25 5446.00 5528.25 5445.25 5499.00s 07/26 Chart for @ES4U Options for @ES4U
@GF - FEEDER CATTLE - CME
Month Change Last Open High Low Close Time More
Aug 24 1.075 259.200 258.650 260.750 258.275 259.700s 07/26 Chart for @GF4Q Options for @GF4Q
Sep 24 1.700 259.200 258.100 260.350 257.625 259.600s 07/26 Chart for @GF4U Options for @GF4U
Oct 24 1.225 257.925 257.250 259.075 256.825 258.300s 07/26 Chart for @GF4V Options for @GF4V
My Custom Markets
Symbol Change Last Open High Low Close Time More


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National Radar

Local Conditions
Springfield, MO
Chg Zip Code: 
Temp: 72oF Feels Like: 73oF
Humid: 90% Dew Pt: 69oF
Barom: 30 Wind Dir: SE
Cond: N/A Wind Spd: 6 mph
Sunrise: 6:14 Sunset: 8:24
As reported at Highland Springs, MO at 1:00 AM
View complete Local Weather

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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.
 
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. 
 
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