Thursday, February 26, 2015  
 
 

Commentary
 
MIDWEST MARKET SOLUTIONS
EARLY MARKET COMMENTARY
February 26, 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
•    First notice day for March grain futures is Friday, February 27. 
•    Last trading day for February live cattle is Friday, February 27.  

Corn: 
•    May corn has resistance at $3.91 with support at $3.78 1/2 

Soybeans: 
•    May soybeans have chart resistance at $10.24 and support at $10.13 

Wheat: 
•    Exporters announced sale of 120,000 mts of HRW to Egypt. 
•    Bangladesh tendered for 50,000 mts of optional origin wheat. 
•    May Chicago wheat has chart resistance at $5.05 and support at $4.90 

Live and Feeder Cattle: 
•    April live cattle have chart resistance at $147.82 and support at $145.50
•    March feeder cattle have chart resistance at $198.90 and support at $195.05

Lean Hogs: 
•    April lean hog have chart resistance at $69.75 and support at $67.45

Highlights of this week's Market Insider Weekly Newsletter include:
* The outlook for grains and livestock.
* Highlights of the USDA Outlook Conference. 
* NOPA crush report. 
* A look at Central Plains farmland prices. 
* New wheat contract being launched by the CME Group. 
* Deere & Co. posts a major drop in profits. 
* Plus much more. 

 

 


Futures
@C - CORN - CBOT
Month Change Last Open High Low Close Time More
Mar 15 4'2 379'6 376'0 382'2 375'0 380'0s 03:21P Chart for @C5H Options for @C5H
May 15 4'6 388'2 384'0 390'4 383'0 388'4s 03:49P Chart for @C5K Options for @C5K
@S - SOYBEANS - CBOT
Month Change Last Open High Low Close Time More
Mar 15 16'2 1024'2 1007'4 1024'6 1006'0 1024'0s 03:42P Chart for @S5H Options for @S5H
May 15 15'6 1026'4 1010'4 1027'0 1008'6 1026'4s 03:30P Chart for @S5K Options for @S5K
@SM - SOYBEAN MEAL - CBOT
Month Change Last Open High Low Close Time More
Mar 15 41 3556 3507 3556 3482 3546s 02:53P Chart for @SM5H Options for @SM5H
May 15 43 3446 3399 3447 3376 3441s 02:34P Chart for @SM5K Options for @SM5K
@W - WHEAT - CBOT
Month Change Last Open High Low Close Time More
Mar 15 5'4 504'0 498'0 504'4 491'2 503'2s 01:30P Chart for @W5H Options for @W5H
May 15 3'2 499'6 497'0 501'2 489'6 500'4s 03:31P Chart for @W5K Options for @W5K
@KW - HARD RED WINTER WHEAT - KCBT
Month Change Last Open High Low Close Time More
Mar 15 -1'0 527'2 527'2 530'2 517'2 527'2s 03:22P Chart for @KW5H Options for @KW5H
@MW - HARD RED SPRING WHEAT - MGE
Month Change Last Open High Low Close Time More
Mar 15 -1'4 550'4 553'0 554'6 545'0 551'2s 03:28P Chart for @MW5H Options for @MW5H
@LE - LIVE CATTLE - CME
Month Change Last Open High Low Close Time More
Feb 15 2.775 161.750 158.525 163.100 158.525 161.125s 04:10P Chart for @LE5G Options for @LE5G
@HE - LEAN HOGS - CME
Month Change Last Open High Low Close Time More
Apr 15 -2.175 66.825 68.875 69.100 66.550 67.150s 04:00P Chart for @HE5J Options for @HE5J
@ES - E-MINI S&P 500 - CME
Month Change Last Open High Low Close Time More
Mar 15 - 0.25 2109.75 2110.50 2114.75 2101.50 2110.00s 04:15P Chart for @ES5H Options for @ES5H
@GF - FEEDER CATTLE - CME
Month Change Last Open High Low Close Time More
Mar 15 3.325 200.725 197.500 201.400 197.200 200.300s 04:00P Chart for @GF5H Options for @GF5H
Apr 15 3.200 199.450 196.225 200.325 196.175 199.050s 04:00P Chart for @GF5J Options for @GF5J
May 15 3.350 199.000 195.650 200.000 195.650 198.925s 04:01P 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: 26oF Feels Like: 14oF
Humid: 42% Dew Pt: 6oF
Barom: 30.36 Wind Dir: N
Cond: N/A Wind Spd: 14 mph
Sunrise: 6:48 Sunset: 6:04
As reported at SPRINGFIELD, MO at 4:00 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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