Tuesday, March 3, 2015  
 
 

Commentary
 
MIDWEST MARKET SOLUTIONS
EARLY MARKET COMMENTARY
March 2, 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
•    Winter wheat conditions will be released this afternoon. 
•    Jobless claims will be released on Thursday morning 
•    Unemployment report will be released on Friday morning at 7:30 am ct. 

Corn: 
•    Exporters announced sale of 140,000 mts corn to Saudi Arabia and 120,000 mts sorghum to China on Friday morning. 
•    May corn has resistance at $3.99 with support at $3.86 

Soybeans: 
•    May soybeans have chart resistance at $10.46 and support at $10.24

Wheat: 
•    Russian wheat exports are 57% lower year on year due to the export tax that went into effect at the beginning of the month.
•    May Chicago wheat has chart resistance at $5.19 and support at $4.97 

Live and Feeder Cattle: 
•    April live cattle have chart resistance at $153.12 and support at $147.37
•    March feeder cattle have chart resistance at $203.77 and support at $197.65

Lean Hogs: 
•    April lean hog have chart resistance at $69.10 and support at $66.40


Highlights of this week's Market Insider Weekly Newsletter include:
* The March outlook for grains and livestock.
* A look at the value of a seat at the MGEX.
* Last week's cash cattle trade.
* COT report analysis. 
* Trade and hedge recommendations. 
* Farmers switching to equipment leases. 
* Story on the battles between renters and landlords. 
* Plus much more. 
 

 


Futures
@C - CORN - CBOT
Month Change Last Open High Low Close Time More
Mar 15 2'2 381'0 379'0 381'4 379'0 378'6 02:40A Chart for @C5H Options for @C5H
May 15 3'0 391'0 388'4 391'2 388'2 388'0 02:40A Chart for @C5K Options for @C5K
@S - SOYBEANS - CBOT
Month Change Last Open High Low Close Time More
Mar 15 3'6 1015'0 1011'6 1015'0 1011'4 1011'2 02:40A Chart for @S5H Options for @S5H
May 15 3'0 1016'6 1014'0 1017'0 1011'6 1013'6 02:39A Chart for @S5K Options for @S5K
@SM - SOYBEAN MEAL - CBOT
Month Change Last Open High Low Close Time More
Mar 15 10 3453 3443 3453 3435 3443 02:36A Chart for @SM5H Options for @SM5H
May 15 14 3349 3333 3349 3323 3335 02:39A Chart for @SM5K Options for @SM5K
@W - WHEAT - CBOT
Month Change Last Open High Low Close Time More
Mar 15 507'2 508'0 Chart for @W5H Options for @W5H
May 15 1'0 501'0 501'6 501'6 499'2 500'0 02:40A Chart for @W5K Options for @W5K
@KW - HARD RED WINTER WHEAT - KCBT
Month Change Last Open High Low Close Time More
Mar 15 521'0 521'0 Chart for @KW5H Options for @KW5H
@MW - HARD RED SPRING WHEAT - MGE
Month Change Last Open High Low Close Time More
Mar 15 555'0 546'2 Chart for @MW5H Options for @MW5H
@LE - LIVE CATTLE - CME
Month Change Last Open High Low Close Time More
Apr 15 1.750 153.500 152.175 153.900 152.100 153.450s 03/02 Chart for @LE5J Options for @LE5J
@HE - LEAN HOGS - CME
Month Change Last Open High Low Close Time More
Apr 15 0.200 67.275 68.400 68.850 67.275 67.675s 03/02 Chart for @HE5J Options for @HE5J
@ES - E-MINI S&P 500 - CME
Month Change Last Open High Low Close Time More
Mar 15 - 2.00 2112.00 2114.00 2114.50 2111.00 2114.00 02:39A Chart for @ES5H Options for @ES5H
@GF - FEEDER CATTLE - CME
Month Change Last Open High Low Close Time More
Mar 15 2.200 203.975 202.550 204.400 202.550 204.100s 03/02 Chart for @GF5H Options for @GF5H
Apr 15 1.800 202.075 200.925 202.700 200.850 202.125s 03/02 Chart for @GF5J Options for @GF5J
May 15 1.650 200.500 199.650 201.200 199.450 200.525s 03/02 Chart for @GF5K Options for @GF5K
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: 34oF Feels Like: 24oF
Humid: 73% Dew Pt: 26oF
Barom: 29.99 Wind Dir: SSE
Cond: N/A Wind Spd: 16 mph
Sunrise: 6:41 Sunset: 6:09
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