Thursday, May 5, 2016  
 
 

Commentary
 
MIDWEST MARKET SOLUTIONS
May 5, 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
•    May supply/demand report will be released on Tuesday, May 10. 
•    NOPA Crush will be released Monday, May 16th at 11:00 am ct

Corn: 
•    On Wednesday morning, exporters announced sale of 107,500 mts of corn to Japan. 
•    July corn has chart resistance at $3.89 and support at $3.74 1/2 

Soybeans: 
•    July soybeans have chart resistance at $10.44 1/4 and support at $10.18 3/4   

Wheat: 
•    July Chicago wheat has chart resistance at $4.81 and support at $4.68   

Live and Feeder Cattle: 
•    June live cattle have chart resistance at $119.10 and support at $115.02
•    August feeder cattle have chart resistance at $145.82 and support at $140.67

Lean Hogs: 
•    June lean hog have chart resistance at $82.82 and support at $80.12

Highlights of this week's Market Insider Weekly Newsletter include:
* Outlook for how grains will trade in May. 
* Look at the US export sales pace. 
* CME reports record revenue an income for 2016. 
* USDA reported record pork production in 2015. 
* First quarter profits of Syngenta. 
* Plus much more. 
 

Click here to to read more info.


Futures
@C - CORN - CBOT
Month Change Last Open High Low Close Time More
May 16 -1'4 371'6 374'4 376'6 371'6 373'2 09:00A Chart for @C6K Options for @C6K
Jul 16 -2'4 374'2 376'6 379'4 374'2 376'6 09:00A Chart for @C6N Options for @C6N
@S - SOYBEANS - CBOT
Month Change Last Open High Low Close Time More
May 16 1'4 1026'0 1027'2 1035'4 1023'0 1024'4 08:59A Chart for @S6K Options for @S6K
Jul 16 -0'4 1033'4 1034'4 1047'4 1031'0 1034'0 08:59A Chart for @S6N Options for @S6N
@SM - SOYBEAN MEAL - CBOT
Month Change Last Open High Low Close Time More
May 16 - 18 3412 3427 3476 3406 3430 09:00A Chart for @SM6K Options for @SM6K
Jul 16 - 14 3436 3450 3499 3425 3450 09:00A Chart for @SM6N Options for @SM6N
@W - WHEAT - CBOT
Month Change Last Open High Low Close Time More
May 16 -6'6 453'6 460'0 461'4 453'6 460'4 09:00A Chart for @W6K Options for @W6K
Jul 16 -7'2 464'0 471'2 472'4 463'4 471'2 09:00A Chart for @W6N Options for @W6N
@KW - HARD RED WINTER WHEAT - KCBT
Month Change Last Open High Low Close Time More
May 16 -0'4 443'4 444'0 444'4 443'2 444'0 09:00A Chart for @KW6K Options for @KW6K
@MW - HARD RED SPRING WHEAT - MGE
Month Change Last Open High Low Close Time More
May 16 0'4 535'0 534'6s 09:00A Chart for @MW6K Options for @MW6K
@LE - LIVE CATTLE - CME
Month Change Last Open High Low Close Time More
Jun 16 1.000 118.450 117.775 118.550 117.675 117.450 09:00A Chart for @LE6M Options for @LE6M
@HE - LEAN HOGS - CME
Month Change Last Open High Low Close Time More
May 16 0.450 77.825 77.850 77.900 77.725 77.375 09:00A Chart for @HE6K Options for @HE6K
@ES - E-MINI S&P 500 - CME
Month Change Last Open High Low Close Time More
Jun 16 2.25 2049.25 2046.50 2060.00 2046.25 2047.00 09:00A Chart for @ES6M Options for @ES6M
@GF - FEEDER CATTLE - CME
Month Change Last Open High Low Close Time More
May 16 0.975 145.900 144.975 146.475 144.975 144.925 09:00A Chart for @GF6K Options for @GF6K
Aug 16 1.250 144.875 144.250 145.375 144.025 143.625 09:00A Chart for @GF6Q Options for @GF6Q
Sep 16 1.000 143.650 143.000 144.200 142.975 142.650 09:00A Chart for @GF6U Options for @GF6U
My Custom Markets
Symbol Change Last Open High Low Close Time More

   


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Springfield, MO
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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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