Thursday, April 2, 2015  
 
 

Commentary
 
MIDWEST MARKET SOLUTIONS
EARLY MARKET COMMENTARY
April 1, 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
•    April live cattle options expire Thursday, April 2. 
•    Markets will be closed on Friday, April 3 due to the Good Friday holiday. 

Corn: 
•    Taiwan purchased 65,000 mts of corn from the US. 
•    May corn has resistance at $3.94 with support at $3.74 

Soybeans: 
•    May soybeans have chart resistance at $9.88 and support at $9.54

Wheat: 
•    First winter wheat ratings of the year will be released on Monday, April 6. 
•    May Chicago wheat has chart resistance at $5.31 and support at $5.08 1/2  

Live and Feeder Cattle: 
•    June live cattle have chart resistance at $153.40 and support at $151.60
•    May feeder cattle have chart resistance at $218.85 and support at $215.92

Lean Hogs: 
•    June lean hog have chart resistance at $77.77 and support at $74.07

Highlights of this week's Market Insider Weekly Newsletter include:
* Grain outlook for the entire month of April.
* Reaction to the quarterly hog and pig report. 
* Look at the monthly cold storage report. 
* CFTC files charges against a dealer and merchant.
* MF Global creditors may receive payments. 
* What ABA says about agricultural lending. 
* PICO Holdings reports 4th quarter loss. 
* Plus much more. 

 


Futures
@C - CORN - CBOT
Month Change Last Open High Low Close Time More
May 15 -0'6 381'0 381'6 381'6 378'6 381'6 02:36A Chart for @C5K Options for @C5K
Jul 15 -0'4 389'4 390'0 390'0 386'6 390'0 02:36A Chart for @C5N Options for @C5N
@S - SOYBEANS - CBOT
Month Change Last Open High Low Close Time More
May 15 -2'4 987'2 988'0 989'4 985'2 989'6 02:36A Chart for @S5K Options for @S5K
Jul 15 -2'2 992'2 993'0 994'2 990'0 994'4 02:36A Chart for @S5N Options for @S5N
@SM - SOYBEAN MEAL - CBOT
Month Change Last Open High Low Close Time More
May 15 - 13 3306 3312 3323 3306 3319 02:36A Chart for @SM5K Options for @SM5K
Jul 15 - 14 3293 3302 3310 3293 3307 02:35A Chart for @SM5N Options for @SM5N
@W - WHEAT - CBOT
Month Change Last Open High Low Close Time More
May 15 -2'4 526'0 528'0 528'2 522'4 528'4 02:35A Chart for @W5K Options for @W5K
Jul 15 -3'0 526'4 529'0 529'0 523'4 529'4 02:36A Chart for @W5N Options for @W5N
@KW - HARD RED WINTER WHEAT - KCBT
Month Change Last Open High Low Close Time More
May 15 -3'6 568'2 571'6 572'2 566'6 572'0 02:35A Chart for @KW5K Options for @KW5K
@MW - HARD RED SPRING WHEAT - MGE
Month Change Last Open High Low Close Time More
May 15 -2'6 587'6 590'2 590'2 585'4 590'4 02:34A Chart for @MW5K Options for @MW5K
@LE - LIVE CATTLE - CME
Month Change Last Open High Low Close Time More
Apr 15 0.475 162.200 161.400 162.500 160.825 161.800s 04/01 Chart for @LE5J Options for @LE5J
@HE - LEAN HOGS - CME
Month Change Last Open High Low Close Time More
Apr 15 0.475 62.675 62.000 62.950 61.725 62.900s 04/01 Chart for @HE5J Options for @HE5J
@ES - E-MINI S&P 500 - CME
Month Change Last Open High Low Close Time More
Jun 15 - 6.25 2046.75 2055.25 2057.00 2045.25 2053.00 02:36A Chart for @ES5M Options for @ES5M
@GF - FEEDER CATTLE - CME
Month Change Last Open High Low Close Time More
Apr 15 0.500 219.475 218.200 219.575 217.400 218.625s 04/01 Chart for @GF5J Options for @GF5J
May 15 - 0.250 217.725 216.950 218.275 215.675 216.650s 04/01 Chart for @GF5K Options for @GF5K
Aug 15 - 0.350 218.800 218.100 219.350 217.150 217.925s 04/01 Chart for @GF5Q Options for @GF5Q
My Custom Markets
Symbol Change Last Open High Low Close Time More


Today's Market Commentary

 

Market Insider Newsletter

SUBSCRIBE ONLINE!
You can now buy a subscription online using Pay Pal!  We offer three choices when it comes to subscribing to our service, monthly or yearly or just the weekly Market Insider Newsletter.
Monthly Website Subscription
$20 Monthly
VIP Website Subscription
$200 Annually
 
Market Insider Newsletter
$10 Monthly
Market Solutions Hedge Program
$300/newsletter only
or $1/acre for full service
 
 
 

 
Services available...

Midwest Market Solutions:

Full & Discount Service Brokerage
Market Solutions Hedge Program
Market Insider Daily Newsletter
Market Insider Weekly Newsletter
Audio commentaries
 
 

National Radar

Local Conditions
Springfield, MO
Chg Zip Code: 
Temp: 60oF Feels Like: 60oF
Humid: 86% Dew Pt: 56oF
Barom: 29.74 Wind Dir: SSE
Cond: N/A Wind Spd: 20 mph
Sunrise: 6:57 Sunset: 7:36
As reported at SPRINGFIELD, MO at 2:00 AM
View complete Local Weather

   

Member Login


  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. 
 
The risk of loss in trading futures and/or options is substantial and each investor and/or trader must consider whether this is a suitable investment. Past performance, whether actual or indicated by simulated historical tests of strategies, is not indicative of future results. Trading advice is based on information taken from trades and statistical services and other sources that Midwest Market Solutions believes are reliable. We do not guarantee that such information is accurate or complete and it should not be relied upon as such. Trading advice reflects our good faith judgment at a specific time and is subject to change without notice. There is no guarantee that the advice we give will result in profitable trades.
 
Copyright 2015 Midwest Market Solutions, Inc.
 

 
 
Copyright DTN. All rights reserved. Disclaimer.
Powered By DTN